Convenience Purchases

  • Interchange: 1.90% + $0.00

Convenience Purchases is the MasterCard Interchange rate for a base card type card present or signature credit transaction.

Primary Qualifications:

  • Cardholder and card present at the time of the transaction, single electronic authorization, read & transmit complete magnetic stripe
  • Transaction settled within 1 day of authorization, Banknet reference number and Banknet date required in clearing transaction.
  • Transactions taken by Fast Food, Convenience Stores, Motion Picture Theaters, and Taxi Cab Services.