BIG Interchange Changes

April 2020 Interchange Changes – Dates Have Been Extended

The card companies are making several interchange adjustments and increases originally planned for spring. Some sources are saying this is the biggest set of changes in a decade.

LATEST UPDATE: The card brands are postponing most of their changes until April 2021.


Visa is changing the rates on some specific interchange categories, including categories for Travel or Lodging transactions.


MasterCard is increasing the rates on some specific interchange Categories, some relating to Real Estate Rentals or Travel merchant category codes.

They are also decreasing the rates on some of their refund credit categories, which means that the negative interchange you get back when you issue refunds will be less in some cases. 


Discover is increasing their Assessments (a fee that everyone must pay on all processing volume) from 0.13% to 0.14%, in addition to some specific interchange rate increases. 

American Express:

Amex is increasing their Network Access fee for all merchants that process on their OptBlue program, from 0.15% to 0.16% on all processing volume.

They are also increasing the International Cross Border Fee from 0.40% to 1.00% (this only applies to international processing volume, where the card taken is issued in a different country) 


All the card brands are requiring that an authorization is received from the issuer on refunds, just like on sales. This means that the number of transactions for which you will receive a per auth fee will increase by the number of refunds you process.

What do you do if you get a decline on a refund? See our article here for more information.

Chargeback Fee:

Merchants will be assessed their existing chargeback fee on ALL incoming chargebacks, retrievals, and pre-arbitration instances, even if in the past these fees were only collected for chargeback decisions that were not in the merchant’s favor.

All of these changes are universal – they apply to all merchants that take payments using cards under these brands – and are passed on to you at cost. Ascent has not increased any rates or fees that we have control over.

If you have any questions, please contact