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.

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 %

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