The Master Service Agreement (MSA) offers Mastercard, VISA, & American Express at state contracted rates. Current MSA contract rates are listed below:
|
Type
|
Mastercard
|
Visa
|
American Express
|
Pin Debit
|
Discover
|
| 1 |
Interchange (Percent)
|
1.55%
|
1.43%
|
2.15%
|
.05%
|
1.60%
|
| 2 |
Interchange (US Dollars)
|
$.10
|
$.05
|
Ø
|
$.21
|
Ø
|
| 3 |
Assessment (Percent)
|
0.11%
|
.0925%
|
Ø
|
.01%
|
Ø
|
| 4 |
Access Fee (US Dollars)
|
$.021
|
$.022
|
Ø
|
Ø
|
Ø
|
| 5 |
Switch Fee (US Dollars)
|
Ø
|
Ø
|
Ø
|
$.0425
|
Ø
|
| 6 |
STMS (US DOllars)
|
$.0425
|
$.0425
|
$.0425
|
$.0425
|
$.0425
|
1 & 3: % of total transaction $
2, 4, 5, & 6: $ per transaction
|
In addition to the rates listed above, the following charges may be applied:
- Credit card terminal rental fees $40 – $45.
- Installation & monthly cost of a dedicated analog phone line for terminal only.
- Nelnet fee is $.28 per transaction. Fees are invoiced to project designated on request form.
For further details on fees refer to: http://www.osc.nc.gov/SECP/ScheduleC-VisaandMasterCardIQDa.pdf