A border crossing card bcc is an identity document as well as a b1 b2 visa that allows entry into the united states by mexican citizens. It can either pass the cost increase onto the merchant or it can absorb the cost.
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When entering by land or sea directly from mexico for less than 72 hours.
What is a cross border card. As a standalone document the bcc allows mexican citizens to visit the border areas of the u s. When a transaction crosses a border your processor has one simple choice to make. Cross border transaction fees are assessment fees merchants pay when customers use cards from international banks at your business.
A cross border fee is a specific type of credit card processing fee that appears whenever you a merchant in one country accept payment from a customer whose card originates from another country. Ecommerce had finally cemented into the worldwide economy and assessment fees were rising across the board. This fee is set by the card networks rather than your credit card processor so it s important to note right off the bat that you likely can t negotiate a lower cost for this base figure.
What is a cross border fee. The cardmember associations first introduced the cross border fee in 2005. The border crossing card bcc is both a bcc and a b1 b2 visitor s visa.
It s often around 25 30 per rental but the cost varies depending on where you re going and the company you rent with. Cross border fees are fair in the sense that your credit card processor does not control this and cannot prevent them from being assessed. Rental companies charge a cross border fee to cover the extra insurance required when you drive in a different country from where you hired the car.
A bcc also referred to as a dsp 150 is issued as a laminated card which has enhanced graphics and technology similar to the size of a credit card.
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