Which payment network has an interchange rate category specifically for petroleum merchants using pay-at-the-pump terminals?

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The payment network that has an interchange rate category specifically for petroleum merchants using pay-at-the-pump terminals is Visa. This specialized category is designed to address the unique characteristics and operational needs of the petroleum sector, particularly in the context of transaction processing at fuel pumps.

Petroleum merchants often face distinct challenges and processing requirements compared to other retail sectors, which justifies the establishment of specific interchange rates. Visa's creation of this category allows for better pricing structures that reflect the costs and risks associated with transactions that occur at unattended pay-at-the-pump locations. By recognizing these nuances, Visa aims to support fuel retailers effectively while ensuring appropriate fee structures for different transaction types.

The other payment networks, while they may have interchange categories, do not have a specific category tailored exclusively for petroleum merchants at pay-at-the-pump locations.

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