On March 16, 2015, Mastercard announced the 2015–2016 “Global Wholesale Travel Transaction Program” interchange programs and rate, which are effective as of April 17, 2015.

The “Global Wholesale Travel Transaction Program” (GWTTP) makes business-to-business transactions faster, easier and more secure for agents in the travel industry. Agents participating in this program can pay suppliers (i.e., the merchant of record) for secondary payments (i.e., bookings) by utilizing virtual Mastercard® account numbers. For European Economic Area (EEA) suppliers who opt to accept this form of payment, a virtual Mastercard account number can be used to settle the wholesale travel transaction from anywhere in the world, at any point in time.

This program is NOT open to all issuers by default. Mastercard will use the criteria below to determine which issuers are eligible and will decide which issuers can participate in the program.