Visa's Commercial Enhanced Data Program (CEDP) changes how commercial transactions qualify for interchange rates. The following are answers to common questions about Visa CEDP.
Note: For more information about the program, go to Understand the Visa Commercial Enhanced Data Program (CEDP).
- What is Visa CEDP?
- Which transactions qualify for Visa CEDP?
- What do you need to do to comply with Visa CEDP?
- What information do I need to send to qualify for Product 3 interchange rates?
- What is the difference between Verified and Non-Verified status?
- How do I indicate that a transaction is exempt from tax?
- Do I need to provide a product code for a transaction if I provide a service?
- Do Mastercard, Amex, and Discover participate in CEDP?
- Further questions
What is Visa CEDP?
Visa's Commercial Enhanced Data Program (CEDP) is an enhanced data program that lets you qualify for discounted Product 3 interchange rates when you send complete and accurate transaction data that meets Visa's requirements.
Visa reviews the data you send and assigns you a verification status. You receive the discounted rates when Visa verifies that your data meets CEDP requirements. To maintain Verified status and continue to receive the discounted rates, you must consistently send complete and accurate data. Transactions with filler, placeholder, or incomplete data don't qualify for Product 3 interchange rates.
Which transactions qualify for Visa CEDP?
A transaction qualifies for Visa CEDP when your customer pays with any of the following commercial credit card:
- Corporate cards
- Purchasing cards
- Fleet cards
- Business cards
A transaction doesn't qualify for Visa CEDP when your customer pays with any of the following:
- Commercial prepaid and debit cards
- Consumer cards
- Fleet Fuel Only Level 2 cards
- Government Large Ticket cards
What do you need to do to comply with Visa CEDP?
To comply with Visa CEDP, you must:
- Send complete and accurate Product 3 data with each transaction.
- Make sure that you populate all Product 3 data fields with accurate, real values. Don't use filler values, placeholders, or leave required fields blank.
What information do I need to send to qualify for Product 3 interchange rates?
To qualify for Product 3 interchange rates, send the following Product 3 data with each transaction on the Self-Care Portal:
| Field | Description |
|---|---|
| Customer Reference Number | Purchase order (PO) number for the transaction. |
| Shipping Address | Customer's shipping address, including street address, city, state, and ZIP code. |
| Sales Tax | Amount of tax for the transaction. |
| Sales tax indicator | Indicates whether the transaction is taxable or exempt from tax based on the tax amount you provided. |
| Full Name | Customer's full name. |
| Sales Discount | Amount of discount for the transaction. |
| Freight Amount | Amount of shipping or freight for the transaction. |
| Duty amount | Amount of duty or import for the transaction. |
| Commodity Code | Code that represents the item category or type. |
| Product Code | Product identifier for the item, for example, a stock keeping unit (SKU). |
| Description | Description of the item. |
| Quantity | Number of units sold for the item. |
| Unit of Measure | Unit used to measure the item, for example, each, box, and hour. |
| Unit Price | Cost of one unit of the item. |
| Discount Rate | Discount rate for the item. |
| Tax Rate |
Tax rate for the item.
Note: If the transaction is exempt from tax, enter 0 for the tax rate of the line item. Don't leave the field blank. |
| Line Item Total | Total amount for the item after discount and tax. |
| Line-item detail indicator | Indicates whether the transaction includes item information based on the details you provided. |
For more information about how to add enhanced data on the Self-Care Portal, go to one of the following articles:
- Visa CEDP: Run a sale with enhanced data on the Self-Care Portal
- Visa CEDP: Add or edit enhanced data for an existing transaction on the Self-Care Portal
- Visa CEDP: Add enhanced data to a subscription on the Self-Care Portal
What is the difference between Verified and Non-Verified status?
Visa reviews the Product 3 data you send to determine whether it meets CEDP requirements and assigns you one of the following statuses:
Verified
Visa has confirmed your data consistently meets CEDP requirements. Product 3 interchange rates apply to your transactions at settlement.
To maintain your Verified status, you must continue to send complete and accurate transaction data. Visa continuously monitors your data quality and re-evaluates your status approximately every 90 days. If your data quality decreases, you might lose your Verified status.
Non-Verified
Visa hasn't yet verified your data, or your data didn't meet CEDP requirements. The standard interchange rate applies to your transactions at settlement. Visa then reviews your data within 10 to 15 days.
If your data meets CEDP requirements, your status changes to Verified, and you qualify for Product 3 interchange rates. When this happens, you receive a credit on your statement for the rate difference. If your data doesn't meet CEDP requirements, the standard interchange rate continues to apply.
How do I indicate that a transaction is exempt from tax?
To indicate that a transaction is exempt from tax, complete one of the following:
- Enter a value of 0 for the tax rate.
Do I need to provide a product code for a transaction if I provide a service?
Yes. To qualify for enhanced interchange rates, create and send a product code with the transaction in the following format:
Service Category - Work Descriptor - Unique Identifier
Example codes
In the following table, we have created some examples of codes you could use:
| Service Category | Work Descriptor | Unique Identifier |
|
|
|
Using the example codes, you can create the following product codes:
- Software consulting: SV-ITCON-001
- Monthly SaaS subscription: SAAS-MNTH-001
- Legal services: SV-LEGAL-002
- Onsite support visit after hours: SUP-ONSITE-003
Do Mastercard, Amex, and Discover participate in CEDP?
No. CEDP is a Visa program that applies only to eligible Visa commercial card transactions. Other card networks have their own enhanced data programs and requirements, for example:
- Mastercard – Support Level 2 and Level 3 data through its own enhanced data programs.
- American Express (Amex) – Support Level 2 data through its own enhanced data program.
- Discover – Doesn't participate in any enhanced data program.
Further questions
If you have any further questions, email cs@payroc.com or call 1 (888) 477-4510.