Visa Interchange

The Visa Card-Network

Visa is one of the most commonly held and accepted credit cards in the US, Canada and the world. By accepting Visa, your customers can pay in-person, by phone and online. We’ve made it easy and affordable for you to accept Visa cards so you can offer your customers a fast, reliable and secure method of payment. Our cost-plus pricing helps you save.

What is the Visa Interchange?

Interchange is the fee collected by the customer’s credit card bank (the Visa card-issuer) on every transaction. These rates are set by Visa every year and apply to all processors. In other words, this is the true cost that the processor has to pay on every transaction. The interchange rates are part of our Cost+ pricing program.

The tables below provide a breakdown of the current Visa interchange rates.

Visa Interchange

Current Visa Canada Interchange Rates

Card-Type Interchange Rate
Card-Present
Swipe/Chip Consumer 1.420 %
Swipe/Chip Infinite 1.610 %
Swipe/Chip Corporate 1.900 %
Swipe/Chip Infinite Privilege 2.080 %
Keyed
Keyed Consumer 1.520 %
Keyed Premium 1.710 %
Keyed Corporate 2.000 %
Keyed Infinite Privilege 2.450 %
Recurring Payments
Recurring Consumer 1.370 %
Recurring Infinite 1.560 %
Recurring Corporate 1.850 %
Recurring Infinite Privilege 1.950 %
Emerging Markets / Charities
Swipe/Chip/Keyed Consumer 0.980 %
Swipe/Chip/Keyed Infinite 1.170 %
Swipe/Chip/Keyed Corporate 1.800 %
Swipe/Chip/Keyed Infinite Privilege 1.950 %
Gas and Service Stations
Swipe/Chip Consumer 1.180 %
Swipe/Chip Infinite 1.370 %
Swipe/Chip Corporate 1.900 %
Swipe/Chip Infinite Privilege 1.950 %
Groceries and Supermarkets
Swipe/Chip Consumer 1.330 %
Swipe/Chip Infinite 1.520 %
Swipe/Chip Corporate 1.900 %
Swipe/Chip Infinite Privilege 1.950 %
Level 2 Data
Corporate & Purchasing 1.600 %
Fuel Purchasing Cards 1.800 %
Level 3 Data
Corporate & Purchasing 1.400 %
Large Ticket $7,000 – $15,000 1.300% + $35
Large Ticket $15,000 – $50,000 1.200% + $35
Large Ticket $50,000+ 1.100% + $35
Debit Card-Type Interchange Rate
Card-Present
Debit Retail 0.250 % + 5¢
Debit Grocery 0.150 % + 5¢
Debit Gas Station 0.150 % + 5¢
Keyed
Debit Keyed 1.150 %
Emerging Markets / Charities
Debit Emerging Market 0.300 %
Recurring Payments
Debit Recurring 0.600 %
Assessments and Association Fees Interchange Rate
Visa Card-Brand 0.0904 %
Visa International Cross-Border (CAD) 0.4520 %
Visa International Cross-Border (USD) 0.9020 %