Qualify for Lower Interchange Rates

To qualify for lower interchange rates with Visa’s Commercial Enhanced Data Program (CEDP):

1

Submit enhanced transaction data through the Xplor Pay Transactions API fields when accepting payments with Visa commercial cards.

A participation fee of 0.05% of the total amount applies to eligible transactions when accepting payments with Visa commercial cards.

2

Xplor Pay sends the transaction data to Visa to verify whether it meets the required qualifications.

The lower interchange rates qualification takes minimum 40 days from the day of commercial transaction initiation.

3

Visa verifies the enhanced data submissions retrospectively.

To qualify for standard interchange rates, make sure the enhanced transaction data you submit consistently meets Visa’s quality requirements.

Contact Xplor Pay support for help meeting Visa’s quality requirements.

• ISV/MSP Support: [email protected]​

• Direct Support: [email protected]

4

If the data meets the requirements, Visa updates the merchant status and sends the Verified Merchant List to Xplor Pay on the 10th of each month.

The verification status is specific to each Merchant Identification (MID) registered with Xplor Pay.

Contact Xplor Pay support to obtain the verified merchant list.

• ISV/MSP Support: [email protected]​

• Direct Support: [email protected]

5

The merchant qualifies for Visa’s Commercial Enhanced Data Program (CEDP), and improved interchange rates apply to Visa commercial card transactions.

After qualification, Visa may refund transactions processed between the data verification and rate application stages.