Key Entered Debit

  • Interchange: 1.60% + $0.15

Key Entered Debit is the MasterCard Interchange rate for a base card type card present key entered debit transaction.

Change History:

  • 1.64% + $0.16 April 2012

Primary Qualifications:

  • Cardholder and card present at time of authorization, signature obtained, single electronic authorization
  • Transaction settled within 1 day of authorization
  • Banknet reference number and Banknet date required in clearing transaction