INTERCHANGE RATES
The following is a summary of interchange rates of Visa
®Canada, MasterCard
®Canada, Discover
®Financial Service and Interac
®Direct Payment. For more information please visit:
http://www.visa.ca/en/aboutcan/mediacentre/interchange/index.jsp
http://www.mastercard.com/ca/merchant/en/getstarted/interchange_rates.html
http://www.interac.ca/en/interac-about/interac-fees
VISA CANADA – INTERCHANGE REIMBURSEMENT FEES
Domestic Consumer Credit & Debit Products
Fee Program Classic / Gold /
Platinum Infinite
Visa Infinite
Privilege Visa Debit
Industry Program - Grocery 1.36% 1.56% 2.00% 0.15% + $0.05
Industry Program – Gas 1.21% 1.41% 2.00% 0.15% + $0.05
Performance Program – Tier 1 1.40% 1.60% 2.00% 0.15% + $0.05
Performance Program – Tier 2 1.45% 1.65% 2.00% 0.15% + $0.05
Recurring Payments 1.40% 1.60% 2.00% 0.60%
Emerging Segments 1.00% 1.20% 2.00% 0.30%
Electronic 1.54% 1.74% 2.25% 0.25% + $0.05
Standard 1.65% 1.85% 2.65% 1.15%
Domestic Business, Corporate & Purchasing Credit Products
Fee Program Business
Visa Infinite Privilege Business
Corporate Purchasing
Industry Program - Grocery 1.85% 2.00% 1.85% 1.85%
Industry Program – Gas 1.80% 2.00% 1.80% 1.80%
Performance Program – Tier 1 1.80% 2.00% 1.80% 1.80%
Performance Program – Tier 2 1.85% 2.00% 1.85% 1.85%
Recurring Payments 1.85% 2.00% 1.85% 1.85%
Emerging Segments 1.80% 2.00% 1.80% 1.80%
Electronic 1.90% 2.25% 1.90% 1.90%
Standard 2.00% 2.65% 2.00% 2.00%
Domestic Prepaid Products
VISA CANADA – INTERCHANGE REIMBURSEMENT FEES
International Interchange Reimbursement Fees
Fee Program
Visa Classic / Visa Gold/ Visa
Platinum / Electron Visa Signature/ Visa Premium Visa Signature Preferred / Visa Infinite All Commercial Products Electronic 1.10% 1.80% 1.97% 2.00% Standard 1.60% 1.80% 1.97% 2.00%
Airline 1.10% 1.80% 1.97% 2.00%
Chip Incentive Rates
Full Chip Data Device with
PIN 1.10% 1.80% 1.97% 2.00%
Full Chip Data Device 1.10% 1.80% 1.97% 2.00%
Acquirer Chip
(Chip Terminal & Magnetic-stripe Card)
1.00% 1.80% 1.97% 2.00% Issuer Chip
(Magnetic-stripe Terminal & Chip Card)
1.20% 1.80% 1.97% 2.00%
Secure eCommerce Incentive Rates
Secure eCommerce
Transaction 1.44% 1.80% 1.97% 2.00%
Additional Transaction Types
Original Credit Transaction
(OCT) $0.49 USD
OCT Fast Funds Delivery $0.89 USD
MASTERCARD CANADA – INTERCHANGE RATE PROGRAMS
Canada Consumer Interchange Rates
Interchange Description Core High Spend Premium High Spend
Merchants with annual MasterCard dollar volume
in Canada in excess of $1 billion 1.40% 1.60% 2.00%
Merchants with annual MasterCard dollar volume
in Canada in excess of $400 million 1.45% 1.65% 2.00%
Petroleum merchants with annual MasterCard
dollar volume in Canada in excess of $400 million 1.21% 1.41% 2.00%
Supermarket merchants with annual MasterCard
dollar volume in Canada in excess of $400 million 1.36% 1.56% 2.00%
All other electronically-captured MasterCard card
present transactions 1.59% 2.00% 2.25%
All other MasterCard transactions 1.72% 2.13% 2.65%
Transactions conducted with a MasterCard card enabled with MasterCard PayPass that are equal to or less than CAD 10
0.00% + CAD 0.05 0.00% + CAD 0.06 0.00% + CAD 0.07
Emerging Sectors Rate 1.00% 1.25% 1.50%
Canada Commercial Interchange Rates
Interchange Description Core Premium High Spend
Merchants with annual MasterCard dollar volume in Canada in excess
of $1 billion 2.00% 2.00%
Merchants with annual MasterCard dollar volume in Canada in excess
of $400 million 2.00% 2.00%
Petroleum merchants with annual MasterCard dollar volume in
Canada in excess of $400 million 2.00% 2.00%
Supermarket merchants with annual MasterCard dollar volume in
Canada in excess of $400 million 2.00% 2.00%
All other electronically-captured MasterCard card present transactions 2.00% 2.25%
All other MasterCard transactions 2.00% 2.65%
Canada Commercial Interchange Rates
Interchange Description
Fleet / Corporate / Purchasing /
Multi
Distribution
Data Rate 1 1.80% N/A
Data Rate 2 1.40% N/A
MASTERCARD CANADA – INTERCHANGE RATE PROGRAMS
International Consumer Interchange Rates
Interchange Description Core Premium High Spend
Electronically-captured transactions 1.10% 1.85%
eCommerce transactions where only the merchant is enrolled in
MasterCard SecureCode™ 1.44% 1.85%
eCommerce transactions where both the merchant and cardholder
are enrolled in MasterCard SecureCode 1.54% 1.85%
All other MasterCard transactions 1.60% 1.85%
International Commercial Interchange Rates
Interchange Description Premium High Spend
Electronically-captured transactions with the MasterCard Electronic Commercial card
product only 1.85%
Transactions conducted with a MasterCard Corporate Purchasing Card or MasterCard
Corporate Fleet card that are submitted with particular financial details 1.70%
Transactions conducted with a MasterCard Corporate Purchasing Card or MasterCard Corporate Fleet card – Large Ticket
0.09% + USD 30.00
DISCOVER – INTERCHANGE REIMBURSEMENT FEES
Debit & Prepaid Card Products
Acquirer Interchange Program
Debit Prepaid
Rate Trans Fee Rate Trans Fee
CPSL – Recurring Payments 1.20% $0.00 1.49% $0.00
CPSL- Supermarket / Warehouse Clubs 1.20% $0.00 1.49% $0.00
CPSL – Petroleum 1.20% $0.00 1.49% $0.00
CPSL – Retail 1.20% $0.00 1.49% $0.00
CPSL – Hotels/Car Rentals 1.20% $0.00 1.49% $0.00
CPSL – Passenger Transport 1.20% $0.00 1.49% $0.00
Base Submission Level 1.20% $0.00 1.49% $0.00
Consumer Credit Card Products
Acquirer Interchange Program
Core/Rewards Premium Premium Plus
Rate Trans Fee Rate Trans Fee Rate Trans Fee
CPSL – Recurring Payments 1.45% $0.00 1.70% $0.00 2.10% $0.00 CPSL- Supermarket / Warehouse Clubs 1.42% $0.00 1.65% $0.00 2.00% $0.00 CPSL – Petroleum 1.27% $0.00 1.50% $0.00 2.00% $0.00 CPSL – Retail 1.60% $0.00 1.98% $0.00 2.25% $0.00 CPSL – Hotels/Car Rentals 1.67% $0.00 2.05% $0.00 2.40% $0.00 CPSL – Passenger Transport 1.67% $0.00 2.03% $0.00 2.35% $0.00
Base Submission Level 1.72% $0.00 2.10% $0.00 2.60% $0.00
Business, Executive Business and Corporate Card Products
Acquirer Interchange Program Rate Trans Fee
Commercial Recurring Payments 2.20% $0.00
Commercial Supermarket s/
Warehouse Clubs 2.15% $0.00
Commercial Petroleum 2.15% $0.00
Commercial Retail 2.25% $0.00
Commercial Hotels/Car Rentals 2.45% $0.00
DISCOVER – INTERCHANGE REIMBURSEMENT FEES
Cash Reimbursement
(Local Cash Advances Occurring in Canada)Rate Trans Fee
Cash Reimbursement 0.00% $1.65
International Card Sales Occurring in Canada
Acquirer Interchange Program
All Card Products
Rate Trans Fee
International Electronic 1.20% $0.00
International Base Submission Level 1.72% $0.00
Cash Reimbursement
(International Cash Advances Occurring in Canada)Rate Trans Fee
Cash Reimbursement 0.16% $3.00
