April 8th, 2020 by J B
April 2020 Interchange and Network Fees Adjustment
Filed in: Merchant Accounts |
In response to COVID-19, most card brands are opting to delay their scheduled rate adjustments. Below is a table showing which card brands have delayed their rate adjustments, and when the changes have been rescheduled.
Card Brands delaying until July 2020
Visa | MasterCard* |
Discover | American Express^ |
Star | ACCEL |
^American Express Opt Blue’s assessments and inbound fee will be pushed back to October 2020.
*MasterCard Puerto Rico Domestic and International Dues and Assessments fee will still be implemented in April 2020.