Visa Commercial Choice Select

Enabling financial institutions to deliver value to buyers and sellers through ﬂexible economics

Visa Commercial Choice Select (VCCS) is a full suite of services and capabilities designed for ﬁnancial institutions (on behalf of their commercial cardholders) and merchants to establish configurable interchange reimbursement fees.

VCCS oﬀers the ability to enable ﬂexible pricing across transaction size tiers, with diﬀerent enablement options available. Our customers can leverage VCCS to build custom fee agreements that create value for all parties within the payments ecosystem, delivering results that promote long-term, sustainable economics.

Key features of VCCS

Flexibility

Multiple ways to enable and configure the program

Customization

Customize agreements by applying different rates to different transaction sizes

Product Type

Support for all commercial credit cards, including purchasing card and corporate T&E

Versatility

Available for merchants across all industry categories

Benefits of VCCS

Visa Commercial Choice Select is designed to give ﬁnancial institutions the ability to create their own configurable interchange reimbursement fees that support their commercial customers and suppliers. VCCS features best-in-class ﬂexibility, optionality, and control to expand new and existing commercial card programs.

Expand commercial payments capabilities - Better serve the needs of your commercial card customers so they can pay the way they want to.
Customization and flexibility - Help grow merchant acceptance of commercial card payments by creating agreements that can be flexible based on transaction size.
Improve control - Full control and final approval over interchange reimbursement fees.
Grow acceptance - Help prevent merchant attrition and recover lost volume from merchants who have cancelled acceptance.

Visa Commercial Choice Select can help open new opportunities for acquirers by addressing merchants’ need for flexible economics.

Growth opportunities - Help drive volume by opening commercial acceptance with merchants who have historically not accepted commercial card payments or have limited acceptance due to transaction sizes.
Reduce risk - Lower the risk of payment reversals and credit risk as fee agreements are directly negotiated between the financial institution and merchant.
Customer satisfaction - Help retain strategic customers and ensure their long-term satisfaction with a solution that combines the benefits of card acceptance and sustainable economics.

Visa Commercial Choice Select helps merchants manage their cost of commercial card acceptance, allowing them to accept more B2B payments on card and increasing their process efficiencies at scale.

Customization and flexibility - Negotiate custom interchange reimbursement fees that can flex based on transaction size.
Transparency and verification - Receive notification and ability to opt-out prior to agreement activation.
Process efficiencies - Enjoy the benefits of card acceptance such as increased process efficiency and reduced collection efforts at a cost that’s commensurate with the value you receive.
New opportunities - Access a new customer base of buyers who want to pay by card. Grow and retain existing clients by accepting their preferred means of payment.