installmentInformation. monthlyInterestRate

Monthly interest rate.
This field is available only for two kinds of installment payments on the
Visa Platform Connect
 processor:
  • Crediario with Visa in Brazil: this field is included in the authorization response for the Crediario eligibility request when the issuer approves the customer's request for Crediario installment payments.
  • Mastercard in all countries except Croatia, Georgia, and Greece.
Example:
 A value of
1.0
 specifies 1%.
Example:
 A value of
4.0
 specifies 4%.
Brazil
The value for this field corresponds to the following data in the TC 33 capture file:
  • Record: CP01 TCR9
  • Position: 144-150
  • Field: Monthly Interest Rate
Other Countries
The value for this field corresponds to the following data in the TC 33 capture file:
  • Record: CP01 TCR5
  • Position: 41-45
  • Field: Mastercard Interest Rate

Specifications

  • Data Type:
     String
  • Data Length:
     7

Mapping Information

  • REST API Field:
    installmentInformation.monthlyInterestRate
  • SCMP API Field:
    • auth_installment_monthly_interest_rate
    • installment_monthly_interest_rate
  • Simple Order API Field:
    installment_monthlyInterestRate