Hotels, Lodging merchants, and auto-rental merchants have special interchange rates from Visa. Because these merchants often take “extended authorizations” where transactions may be altered later on, there are different requirements. Visa allows for a longer authorization timeframe for these merchant types, but you’re required to submit additional information to take advantage of these rates.
Because lodging and auto-rental merchants have unique needs, there’s a special rate category designed for them. These merchants take extended authorizations – meaning the card may be authorized weeks before the sale is finalized. Similarly, final amounts of the sale are often different from the original authorization. For “regular” merchants, this would result in downgraded transactions. But lodging/auto-rental merchants can follow specific rules to access low rates.
Skip to content