The “Card-Not-Present” category is for key-entry and E-Commerce Visa sales that meet CPS criteria (including AVS, keying on time, etc). Barring a few exceptions, most merchants are able to receive these interchange rates. Qualifications E-Commerce or Key-enter transaction; If prompted “is card present” answer “no”. Settle within 1 day of shipment date. AVS data is required, [...]
The “Merit I” category is for key-entry and E-Commerce Mastercard sales that meet include AVS and are settled within 1-2 days. Barring a few exceptions, most merchants are able to receive these interchange rates. Qualifications Key-entered or E-Commerce transaction. Authorize and settle within 1 day (keyed) or 2 days (E-Commerce). Obtain and pass 1 valid electronic authorization. Authorization and [...]