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Interchange RatesThe following is a summary of interchange rates of Visa Canada, Mastercard Canada, Discover Financial Service and Interac Direct Payment. For more information, please visit:https://www.visa.ca/en ss/support/understanding-fees/Visa Canada – Interchange Reimbursement FeesConsumer Credit ProductsFee ProgramCard Not PresentElectronicEmerging SegmentsEmerging Segments – Preferred*Industry Program – Everyday NeedsIndustry Program – GasIndustry Program – Grocery and Food RetailIndustry Program – UtilitiesPerformance Program – Card PresentPerformance Program – CNPRecurring PaymentsStandardClassic / Gold 0%1.00%1.20%1.30%1.07%1.34%1.00%1.20% 0.75 CAD per %Debit ProductsFee ProgramDebt RepaymentElectronicEmerging SegmentsEmerging Segments – Preferred*Industry Program – GasIndustry Program – GroceryIndustry Program – UtilitiesPerformance Program – Card PresentRecurring PaymentsStandardVisa Debit0.30%0.25% 0.050.30% 1.00 CAD per transaction0.15% 0.050.15% 0.05 0.10 CAD per transaction0.15% 0.050.60%1.15%Visa 5%1.95%1.95%1.95%2.45%
Visa Canada – Domestic Interchange Reimbursement FeesBusiness Credit ProductsFee ProgramBusinessElectronicEmerging SegmentsIndustry Program – GasIndustry Program - GroceryPerformance Program – Tier 1Performance Program – Tier 2Recurring %2.00%Visa %2.25%Corporate & Purchasing Credit ProductsFee ProgramElectronicEnhanced Data – FuelEnhanced Data – Level 2Enhanced Data – Level 3Large Ticket (STP) TransactionAmount: 7,000 15,000Large Ticket (STP) TransactionAmount: 15,000- 50,000Large Ticket (STP)Transaction Amount: 50,000 0%1.80%1.60%1.40%1.30% 351.30% 351.20% 351.20% 351.10% 351.10% 352.00%2.00%Prepaid ProductsFee ProgramCard Not PresentEmerging SegmentsElectronicIndustry Program – Everyday NeedsIndustry Program – GasIndustry Program – GroceryIndustry Program – Grocery and Food RetailPerformance Program – Card PresentRecurring .80%1.90%N/A1.80%1.85%N/A1.80%1.85%2.00%
Visa Canada – International Interchange Reimbursement FeesFee ProgramElectronicStandardVisa Classic /Visa Gold/ VisaPlatinum /Electron1.10%1.60%Visa Signature/Visa PremiumVisa SignaturePreferred / VisaInfiniteAll ip Incentive RatesFull Chip Data Device withPINFull Chip Data DeviceAcquirer Chip(Chip Terminal & Magnetic-stripeCard)Issuer Chip(Magnetic-stripe Terminal & ChipCard)Secure eCommerce Incentive RatesSecure eCommerceTransactionAdditional Transaction TypesOriginal Credit Transaction(OCT)OCT Fast Funds DeliveryInterlink0.49 USD 0.89 USD1.10%
Mastercard Canada – Interchange ProgramsCanada Domestic Consumer Credit Interchange Rates – Cardholder in StoreInterchange DescriptionCard Present EMVUnsecure Card PresentDigital CommerceContactlessSecureCode / 3DSUtilitiesCharityStandardCard Present RefundCard Not Present RefundCore0.92%1.22%1.76%0.87%1.50% 0.100.92%2.06%0.55%1.06%Canada Domestic Debit Interchange RatesInterchange DescriptionSupermarketPetroleumElectronicBig Box StoresSpecialty Clothing StoresRecurring PaymentsCharityEmerging SectorsMasterpassSecureCode / 3DSContactless Tier 1(MCCs 5814, 5331, 7832, 5499)Contactless Tier 2(Min. CAD 400 Million net purchase volume)Contactless Tier 3Public SectorUtilitiesStandard0.15% 0.05 (CAD)0.15% 0.05 (CAD)0.25% 0.05 (CAD)0.25% 0.05 (CAD)0.25% 0.05 (CAD)0.60%0.30%0.30%1.00%1.00%0.00% 0.02 (CAD)0.00% 0.02 (CAD)0.00% 0.03 (CAD)0.30%0.00% 0.10 (CAD)1.15%Canada Domestic Consumer Prepaid Interchange RatesInterchange .52%2.00%1.16%1.70% 0.101.22%2.30%0.73%1.20%World Elite1.56%1.86%2.24%1.48%1.90% 0.101.56%2.54%0.94%1.34%Muse Mastercard1.65%1.95%2.39%1.57%2.03% 0,101.65%2.69%0.99%1.43%
Mastercard Canada – Interchange ProgramsCanada Domestic Commercial Interchange RatesInterchange DescriptionCommercial Standard RateCommercial CharityData Rate 1Data Rate 2Large TicketSmall MediumEnterprise2.00%1.80%Large Market2.00%1.80%1.80%1.40%1.20%World Elite forBusiness2.25%1.80%International Interchange RatesInterchange DescriptionConsumerStandardElectronicSecureCode / 3DS MerchantSecureCode / 3DS Merchant and CardholderRefunds / Return TransactionsCommercialStandardElectronic ProductLarge Market – Data Rate 1Refunds / Return %2.00%1.80%Premium1.85%1.85%1.85%1.85%1.00%Super Premium1.98%1.98%1.98%1.98%1.00%
Discover – Interchange RatesConsumer Credit Card ProductsAcquirer InterchangeProgramCore/RewardsRateCPSL – RecurringPaymentsCPSL- Supermarket /Warehouse ClubsCPSL – PetroleumCPSL – RetailBase Submission LevelPremiumTrans FeeRatePremium PlusTrans FeeRateTrans Fee1.37% 0.001.56% 0.001.96% 0.001.32% 0.001.45% 0.001.96% 0.001.18%1.45%1.58% 0.00 0.00 0.001.35%1.60%1.85% 0.00 0.00 0.001.96%2.05%2.49% 0.00 0.00 0.00Debit and Prepaid Card ProductsDebitPrepaidAcquirer Interchange ProgramRateCPSL – Recurring PaymentsCPSL- Supermarket / Warehouse ClubsCPSL – PetroleumCPSL – RetailBase Submission LevelTrans Fee1.15%1.15%1.15%1.15%1.15% 0.00 0.00 0.00 0.00 0.00Business, Executive Business and Corporate Card ProductsAcquirer Interchange ProgramCommercial Recurring PaymentsCommercial Supermarket / WarehouseClubsCommercial PetroleumCommercial RetailCommercial BaseRateTrans Fee2.00% 0.002.00% 0.002.00%2.00%2.00% 0.00 0.00 0.00International Card Sales Occurring in CanadaAll Card ProductsAcquirer Interchange ProgramRateInternational ElectronicInternational Base Submission Level1.20%1.72%Trans Fee 0.00 0.00Rate1.37%1.32%1.18%1.45%1.58%Trans Fee 0.00 0.00 0.00 0.00 0.00
Interac Direct Payment – Interchange Rate ProgramsInterac Direct Payment InterchangeInterchange for Interac Debit transactions is currently 0.00. For Interac Flash, interchange fees rangefrom 0.02 to 0.035 based on qualifying tier of merchant from which transactions originate:Interac Flash InterchangeTiersTier 1: Low-ticket merchantsTier 2: High volume merchantsTier 3: All other merchantsRate 0.020 0.025 0.035For Interac Debit in-app and in-browser payments, interchange is 60 basis points capped at a transactionsvalue of 300. Above transaction value of 300, there is a flat fee of 1.80.
Interchange Rates The following is a summary of interchange rates of Visa Canada, Mastercard Canada, Discover
