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
Industry Program - Grocery
Industry Program Gas
Performance Program Tier 1
Performance Program Tier 2
Recurring Payments
Emerging Segments
Electronic
Standard

Classic / Gold /
Platinum
1.36%
1.21%
1.40%
1.45%
1.40%
1.00%
1.54%
1.65%

Infinite
1.56%
1.41%
1.60%
1.65%
1.60%
1.20%
1.74%
1.85%

Visa Infinite
Privilege
2.00%
2.00%
2.00%
2.00%
2.00%
2.00%
2.25%
2.65%

Visa Debit
0.15% + $0.05
0.15% + $0.05
0.15% + $0.05
0.15% + $0.05
0.60%
0.30%
0.25% + $0.05
1.15%

Domestic Business, Corporate & Purchasing Credit Products

Fee Program
Industry Program - Grocery
Industry Program Gas
Performance Program Tier 1
Performance Program Tier 2
Recurring Payments
Emerging Segments
Electronic
Standard

Business
1.85%
1.80%
1.80%
1.85%
1.85%
1.80%
1.90%
2.00%

Domestic Prepaid Products

Fee Program
Visa Prepaid Card

Visa Prepaid
1.25%

Visa Infinite
Privilege
Business
2.00%
2.00%
2.00%
2.00%
2.00%
2.00%
2.25%
2.65%

Corporate
1.85%
1.80%
1.80%
1.85%
1.85%
1.80%
1.90%
2.00%

Purchasing
1.85%
1.80%
1.80%
1.85%
1.85%
1.80%
1.90%
2.00%

VISA CANADA INTERCHANGE REIMBURSEMENT FEES

International Interchange Reimbursement Fees
Fee Program
Electronic
Standard
Airline

Visa Classic /
Visa Gold/ Visa
Platinum /
Electron
1.10%
1.60%
1.10%

Visa Signature/
Visa Premium

Visa Signature
Preferred / Visa
Infinite

All Commercial
Products

1.80%
1.80%
1.80%

1.97%
1.97%
1.97%

2.00%
2.00%
2.00%

1.10%

1.80%

1.97%

2.00%

1.10%

1.80%

1.97%

2.00%

1.00%

1.80%

1.97%

2.00%

1.20%

1.80%

1.97%

2.00%

1.44%

1.80%

1.97%

2.00%

Chip Incentive Rates

Full Chip Data Device with
PIN
Full Chip Data Device
Acquirer Chip
(Chip Terminal & Magnetic-stripe
Card)

Issuer Chip
(Magnetic-stripe Terminal & Chip
Card)

Secure eCommerce Incentive Rates

Secure eCommerce
Transaction
Additional Transaction Types
Original Credit Transaction
(OCT)
OCT Fast Funds Delivery
Interlink

$0.49 USD
$0.89 USD
1.10%

MASTERCARD CANADA INTERCHANGE RATE PROGRAMS

Canada Consumer Interchange Rates
Interchange Description
Merchants with annual MasterCard dollar volume
in Canada in excess of $1 billion
Merchants with annual MasterCard dollar volume
in Canada in excess of $400 million
Petroleum merchants with annual MasterCard
dollar volume in Canada in excess of $400 million
Supermarket merchants with annual MasterCard
dollar volume in Canada in excess of $400 million
All other electronically-captured MasterCard card
present transactions
All other MasterCard transactions
Transactions conducted with a MasterCard card
enabled with MasterCard PayPass that are equal
to or less than CAD 10
Emerging Sectors Rate

Core

High Spend

Premium High
Spend

1.40%

1.60%

2.00%

1.45%

1.65%

2.00%

1.21%

1.41%

2.00%

1.36%

1.56%

2.00%

1.59%

2.00%

2.25%

1.72%

2.13%

2.65%

0.00% + CAD 0.05 0.00% + CAD 0.06 0.00% + CAD 0.07

1.00%

1.25%

1.50%

Canada Commercial Interchange Rates

Interchange Description
Merchants with annual MasterCard dollar volume in Canada in excess
of $1 billion
Merchants with annual MasterCard dollar volume in Canada in excess
of $400 million
Petroleum merchants with annual MasterCard dollar volume in
Canada in excess of $400 million
Supermarket merchants with annual MasterCard dollar volume in
Canada in excess of $400 million
All other electronically-captured MasterCard card present transactions
All other MasterCard transactions

Core

Premium High
Spend

2.00%

2.00%

2.00%

2.00%

2.00%

2.00%

2.00%

2.00%

2.00%
2.00%

2.25%
2.65%

Canada Commercial Interchange Rates

Interchange Description
Data Rate 1
Data Rate 2
Large Ticket
Distribution
No enhanced data

Fleet / Corporate
/ Purchasing /
Multi
1.80%
1.40%
1.20%
N/A
2.00%

Distribution
N/A
N/A
N/A
0.90%
2.00%

MASTERCARD CANADA INTERCHANGE RATE PROGRAMS

International Consumer Interchange Rates
Interchange Description
Electronically-captured transactions
eCommerce transactions where only the merchant is enrolled in
MasterCard SecureCode
eCommerce transactions where both the merchant and cardholder
are enrolled in MasterCard SecureCode
All other MasterCard transactions

1.10%

Premium High
Spend
1.85%

1.44%

1.85%

1.54%

1.85%

1.60%

1.85%

Core

International Commercial Interchange Rates

Interchange Description
Electronically-captured transactions with the MasterCard Electronic Commercial card
product only
Transactions conducted with a MasterCard Corporate Purchasing Card or MasterCard
Corporate Fleet card that are submitted with particular financial details
Transactions conducted with a MasterCard Corporate Purchasing Card or MasterCard
Corporate Fleet card Large Ticket
All other MasterCard transactions

Premium High
Spend
1.85%
1.70%
0.09% + USD
30.00
1.85%

DISCOVER INTERCHANGE REIMBURSEMENT FEES

Debit & Prepaid Card Products
Debit

Prepaid

Acquirer Interchange Program

Rate
CPSL Recurring Payments
CPSL- Supermarket / Warehouse Clubs
CPSL Petroleum
CPSL Retail
CPSL Hotels/Car Rentals
CPSL Passenger Transport
Base Submission Level

Trans Fee

1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%

Rate

$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00

Trans Fee

1.49%
1.49%
1.49%
1.49%
1.49%
1.49%
1.49%

$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00

Consumer Credit Card Products

Acquirer Interchange
Program

Core/Rewards
Rate

CPSL Recurring
Payments
CPSL- Supermarket /
Warehouse Clubs
CPSL Petroleum
CPSL Retail
CPSL Hotels/Car
Rentals
CPSL Passenger
Transport
Base Submission Level

Premium

Trans Fee

Rate

Trans Fee

Commercial Recurring Payments

Commercial Supermarket s/
Warehouse Clubs
Commercial Petroleum
Commercial Retail
Commercial Hotels/Car Rentals
Commercial Passenger Transport
Commercial Base

Rate

Trans Fee

1.45%

$0.00

1.70%

$0.00

2.10%

$0.00

1.42%

$0.00

1.65%

$0.00

2.00%

$0.00

1.27%
1.60%

$0.00
$0.00

1.50%
1.98%

$0.00
$0.00

2.00%
2.25%

$0.00
$0.00

1.67%

$0.00

2.05%

$0.00

2.40%

$0.00

1.67%

$0.00

2.03%

$0.00

2.35%

$0.00

1.72%

$0.00

2.10%

$0.00

2.60%

$0.00

Business, Executive Business and Corporate Card Products

Acquirer Interchange Program

Premium Plus

Rate

Trans Fee

2.20%

$0.00

2.15%

$0.00

2.15%
2.25%
2.45%
2.40%
2.65%

$0.00
$0.00
$0.00
$0.00
$0.00

DISCOVER INTERCHANGE REIMBURSEMENT FEES

Cash Reimbursement (Local Cash Advances Occurring in Canada)
Rate
Cash Reimbursement

Trans Fee

0.00%

$1.65

International Card Sales Occurring in Canada

All Card Products
Acquirer Interchange Program
Rate
International Electronic
International Base Submission Level

1.20%
1.72%

Trans Fee
$0.00
$0.00

Cash Reimbursement (International Cash Advances Occurring in Canada)

Rate
Cash Reimbursement

0.16%

Trans Fee
$3.00

INTERAC DIRECT PAYMENT INTERCHANGE RATE PROGRAMS

Interac Direct Payment Interchange
Interchange for Interac Direct Payment (IDP) transaction is currently zero.