Remove CVV2 Remove EMV Remove Processing Costs
article thumbnail

Visa Interchange Rates 2024: What You Need to Know

Stax

However, they did remove the Address Verification Service (AVS) charge of $0.001 per transaction and the Card Verification Value 2 (CVV2) fee of $0.0025 per transaction. Use technology that supports lower-cost transaction methods (e.g., EMV chip technology) or process transactions in ways that qualify for lower rates (e.g.,