Effective October 1, 2015, there are a number of new and enhanced fee structures that are being implemented by VISA, MasterCard, Discover Card, and other network providers. Wind River Financial believes in transparency of all association fees applicable to your merchant processing costs, so we will be passing through these changes with no additional mark-up. For a full listing of these new fees please go to our web site in our Merchant Portal and Resource Library and look for the title October 2015 Interchange Modifications.

VISA Interchange Fees and New Programs – Visa will Implement new U.S. interchange programs to support tier qualification requirements for business card transactions. For details click here.

MasterCard Interchange Fees -MasterCard introduced new Interchange programs for U.S. Data Rate 1 Healthcare for the MasterCard Commercial Payments Account and MasterCard Prepaid Commercial Payments Account products. Click here for details.

Discover Card Rate Changes for Existing Prepaid Interchange Programs – Discover will implement new U.S. interchange programs for e-commerce transactions. Click here for details.

Wind River Fee Changes- On October 1, 2015 Wind River will increase PCI non-compliant fees by $5.00 per month.

EMV Liability Shift – On October 1, 2015 card present counterfeit fraud liability will shift to the party that has the lesser technology. Therefore if the merchant is not EMV enabled the counterfeit fraud liability will shift to them. For details click here.