Credit Card Processing Glossary

General:  Visa Consumer Credit - CPS/Rewards2 MOTO E-commerce

  • This category is for visa consumer rewards cards
  • For internet merchants this is the best rate available for this card type
  • For in-person merchants this is the second best rate available for this card type
  • Address verification (AVS) must be attempted
  • Must be settled within 2 days
  • Authorization date and transaction date must be within 7 days of each other
  • Electronic authorization must include an order number

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