MASTERCARD INTERCHANGE

The MasterCard Card-Network

MasterCard is one of the two most commonly held credit cards. We help make it easy for you to accept MasterCard regardless of your business size. Like Visa, MasterCard is one of the top credit cards in the US, Canada and around the world. It is widely used, recognized and trusted. While some small businesses do not accept credit cards due to the cost, we offer you cost-plus pricing so you save on processing fees while making payments convenient for your customers.


What is the MasterCard Interchange?

Interchange is the fee collected by the customer’s credit card bank (the MasterCard card-issuer) on every transaction. These rates are set by MasterCard 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.

Current MasterCard Canada Interchange Rates



Card-Type


Interchange Rate


Card-Present


Swipe/Chip Consumer

1.440 %

Swipe/Chip High-Spend

1.770 %

Swipe/Chip Corporate

2.000 %

Swipe/Chip Premium High-Spend (World Elite)

2.060 %


Keyed


Keyed Consumer

1.550 %

Keyed Premium

1.890 %

Keyed Corporate

2.000 %

Keyed Premium High-Spend (World Elite)

2.490 %


Recurring Payments


Recurring Consumer

1.360 %

Recurring High-Spend

1.480 %

Recurring Corporate

2.000 %

Recurring Premium High-Spend (World Elite)

1.900 %


Emerging Markets / Charities


Swipe/Chip/Keyed Consumer

1.000 %

Swipe/Chip/Keyed High-Spend

1.250 %

Swipe/Chip/Keyed Corporate

2.000 %

Swipe/Chip/Keyed Premium High-Spend (World Elite)

1.500 %


Gas and Service Stations


Swipe/Chip Consumer

1.170 %

Swipe/Chip High-Spend

1.300 %

Swipe/Chip Corporate

2.000 %

Swipe/Chip Premium High-Spend (World Elite)

1.600 %


Groceries and Supermarkets


Swipe/Chip Consumer

1.220 %

Swipe/Chip High-Spend

1.340 %

Swipe/Chip Corporate

2.000 %

Swipe/Chip Premium High-Spend (World Elite)

1.600 %


Independent Business *


Swipe/Chip Consumer

1.380 %

Swipe/Chip High-Spend

1.530 %

Swipe/Chip Corporate

2.000 %

Swipe/Chip Premium High-Spend (World Elite)

1.900 %


Level 2 Data


Corporate & Purchasing

1.400 %

Fleet Cards

1.400 %


Level 3 Data


Corporate & Purchasing

1.400 %

Fleet Cards

1.400 %

Large Ticket $10,000+

1.200%


Assessments and Association Fees



Interchange Rate


MasterCard Card-Brand

0.0870 %

Acquirer Licence Fee

0.0122%

Fixed Acquirer Access Fee

0.008%

Account Status Inquiry ($0 transaction)

$ 0.0283

Address Verification Service (AVS)

$ 0.0113

Security Code Verification (CVC)

$ 0.0028

MasterCard International Cross-Border (CAD)

0.4520%

MasterCard International Cross-Border (USD)

0.9040%

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