Tags: emerging market

Visa Emerging Markets

Since not all industries accept credit cards, Visa tries to incentivize “newer” industries with lower, more advantageous interchange rates. These are called Emerging Market interchange rates. The only qualifying business types are Schools, Government Offices, Insurance-sales, Fuel Dealers, Child Care Services, and Direct Marketing Subscription services. Charities and Telecommunication merchants are eligible for debit rates only.

Mastercard Emerging Market

Since not all industries accept credit cards, Mastercard tries to incentivize “newer” industries with lower, more advantageous interchange rates. These are called Emerging Market interchange rates. The only qualifying business types are Schools, Government Offices, Insurance-sales, Utilities, and Toll-Roads.