Home » October 2017 Interchange and Network Fee Notification for Payment Processing

October 2017 Interchange and Network Fee Notification for Payment Processing

There are a number of new and revised fee structures effective October 1, 2017 being implemented by VISA. Wind River Financial believes in transparency of all association fees applicable to your merchant processing costs, so we will be passing through these new fees with no mark-ups or changes.

There are hundreds of fee structures and not all are applicable to all card types or to all merchants, so detailed below are the few that will affect most merchants’ day to day transaction processing costs. For a full listing of these new fees please go to our website in our Merchant Portal and Resource Library, Pricing and look for the title October 2017 Interchange Modifications.

VISA Interchange Fee Program Additions and Revisions – Visa will introduce new interchange programs for Corporate and Purchasing card transactions accepted at fuel businesses as well as revise some existing Commercial Card interchange rates and U.S. Government interchange programs. Click here for details.

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