B2B and Wholesale: Reading Visa's Commercial Card Rates

The table, line by line

Visa's Corporate and Purchasing interchange table, rates effective April 18, 2026, lists the following for purchasing and corporate travel and entertainment, with purchasing noted as including fleet cards: Commercial Product 3 at 1.75% + $0.10, Commercial Level II – Fuel at 2.20% + $0.10, Commercial Card Present at 2.50% + $0.10, Commercial Travel Service at 2.65% + $0.10, Commercial Card Not Present at 2.70% + $0.10, Consumer Bill Payment Service, Commercial at 2.70% + $0.10, Non-Qualified at 2.95% + $0.10, Non-Qualified with Data at 2.95% + $0.10, and Commercial Product Large Ticket at 1.30% + $35.00. A purchasing-only section adds Government-to-Government at 1.65% + $0.10 and GSA Large Ticket at 1.20% + $39.00. Print that list and keep it next to your statement; it is the whole commercial ladder in ten lines.

What Non-Qualified with Data actually tells you

The industry pitch for Level II and Level III data is that sending more fields lowers your rate. The April 2026 schedule complicates that. Non-Qualified and Non-Qualified with Data both list at 2.95% + $0.10. Whatever else the data does, in this schedule it does not separate those two programs on price. The useful reading is that data is a qualification condition for landing in a better program in the first place, not a discount applied afterwards to a sale that already downgraded. So the question to put to your processor is not "are we sending Level III" but "which program did this specific sale clear in, and what condition did it fail if it landed in non-qualified". Ask for a month of clearing detail by fee program rather than a summary.

Whose systems have to cooperate

Enhanced data is not entirely in your hands. Visa's Core Rules say that in the US region, a Visa Purchasing Card issuer that chooses to receive Level II and Level III enhanced data from a merchant must either designate an account range of the enhanced data Visa Purchasing Card BIN or use an enhanced data BIN from a specified range. The issuer chooses. Your side of the chain is the terminal or gateway capturing the fields and your acquirer passing them, and your buyer's side is a card on a BIN configured to receive them. That is three parties, which is why the same invoice can qualify for one buyer and not another. Before paying for a data upgrade, ask what share of your commercial volume comes on cards that can use it.

Prepaid commercial cards are a different animal

The business, corporate and purchasing prepaid table splits by regulation and the gap is large. For exempt cards, Visa Business Prepaid and Visa Purchasing Prepaid both list Card Present at 2.15% + $0.10, Card Not Present at 2.65% + $0.10 and Non-Qualified at 2.95% + $0.10, with Visa Purchasing Prepaid Large Ticket at 1.45% + $35.00. For regulated Visa Business and Purchasing Prepaid, every one of those lines is 0.05% + $0.21, with a footnote that issuers certifying compliance with the interim fraud prevention standards receive an additional US $0.01. That is not a rounding difference. If a large customer pays on a regulated commercial prepaid card, the underlying interchange on that sale looks nothing like the same sale on an exempt corporate card, which is another reason a blended quote hides more in B2B than in retail.

The number on your bill is not any of these

Visa's schedule is explicit about this and it is worth quoting to anyone who shows you an interchange table as if it were a price list. Visa uses interchange reimbursement fees as transfer fees between financial institutions; merchants do not pay interchange reimbursement fees, merchants pay merchant discount to their financial institution, and merchants buy a variety of processing services that may all be included in that discount rate. Every figure above is what your acquirer pays the issuing bank. Your effective rate is that plus assessments plus your provider's markup. Interchange-plus pricing is what makes the third component visible; a blended commercial rate makes the spread between a 1.75% program and a 2.95% program disappear into someone else's margin.

Large invoices and the fixed-fee programs

Commercial Product Large Ticket at 1.30% + $35.00 and GSA Large Ticket at 1.20% + $39.00 change the shape of the pricing, and the Straight Through Processing and Visa Large Purchase Advantage ladders in the same document go further. Both carry conditions outside your control: Visa's rules require an acquirer to register with Visa and sign a participation agreement for Straight Through Processing, and a Large Purchase Advantage card must be issued as a virtual account on a credit account for the commercial payables environment, card-absent only. Our large-ticket guide walks through those tables. The short version for a distributor is that the fixed-fee programs are real but are decided by your acquirer's registrations and your buyer's card, not by anything you configure at the point of invoice.

Shipping, deposits and when you may bank the money

Wholesale runs on lead times, and Visa's deposit rule is written for that. A merchant must not submit a deposit for a transaction until the transaction is completed, or the merchandise or services are shipped or provided, or it has fulfilled the conditions of its agreement with the cardholder for an instalment, recurring or unscheduled credential-on-file transaction. The shipped-or-provided condition does not apply if the cardholder has paid an advance payment, and advance payments require express informed consent to an agreement setting out the goods or services, the total price and the cancellation and refund policy including when cancellation privileges expire without forfeiture. If your order-to-ship cycle runs weeks, that rule decides when the card charge may legitimately go through, and it is a common source of disputes where a system charges at order entry by default.

Where bank rails fit, and the cap you may not set

Same Day ACH gives three windows a day, with files due to the ACH operator by 10:30 a.m., 2:45 p.m. and 4:45 p.m. ET and settlement at 1:00 p.m., 5:00 p.m. and 6:00 p.m. ET. The per-payment limit is $1 million, rising to $10 million effective September 17, 2027, subject to your own bank offering it. For a distributor with five and six figure invoices, that is a genuinely cheaper rail, and a self-serve portal that presents it first will move most of the volume without a conversation. What you may not do is force it: Visa's rules say a merchant must not establish a minimum or maximum transaction amount as a condition for honoring a card, apart from a minimum on US-issued credit cards at US outlets. Steer with defaults and, where your state permits it and you have made the required disclosures, with a lawful credit card surcharge. Do not steer with a refusal.