MasterCard Canada Interchange Rates
MasterCard Merchant Discount Rate (MDR): The MasterCard MDR consists of the following:
(i)
Processing Fee. A Processing Fee equal to $ 0.XX per transaction based and XX bps on the gross transactions settled and volume respectively.
(ii) MasterCard Interchange Fees. All applicable MasterCard Interchange Fees (including, without limitation, those described below) on a pass-through basis, which charges
shall be calculated based upon the value of Customer’s MasterCard sales transactions less refund transactions (net sales volume):
MasterCard Interchange Rates
MasterCard International Interchange Rates:
MasterCard Domestic Interchange Rates:
MasterCard International Electronic: 1.10%
MasterCard Electronic – Consumer Programs: 1.59%
MasterCard International Standard: 1.60%
MasterCard Electronic – Consumer High Spend Programs: 2.00%
(iii)
MasterCard Electronic – Consumer Premium High Spend Programs: 2.25%
(including, without limitation, those described below) on a pass-through basis,
MasterCard Electronic – Commercial Programs: 2.00%
which charges shall be calculated based upon the gross value of Client’s
MasterCard Assessments. All applicable MasterCard Assessments
MasterCard sales volume:
MasterCard Standard – Consumer Programs: 1.72%
MasterCard Standard – Consumer High Spend Programs: 2.13%
MasterCard Standard – Consumer Premium High Spend Programs: 2.65%
•
0.077% per transaction
•
0.40% Cross Border Assessment – CDN currency transactions
MasterCard Standard – Commercial Programs: 2.00%
0.80% Cross Border Assessment – USD currency transactions
MasterCard Supermarket minimum $400 million net sales – Consumer Programs - 1.36%
$0.125 USD International Transaction Processing Fee
MasterCard Supermarket minimum $400 million net sales – High Spend - 1.56%
MasterCard Supermarket minimum $400 million net sales – Premium High Spend - 2.00%
MasterCard Interchange Rates and MasterCard Assessments are subject to
increase or decrease, and are subject to other modifications (including
methodology of calculation) by MasterCard, and the above MDR will be adjusted
to reflect any such increases, decreases or modifications all as described in the
Merchant Agreement.
© Copyright 2012 | First Data Corporation
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Visa Canada Interchange Rates
Visa Merchant Discount Rate (MDR) The Visa MDR consists of the following:
(i) Processing Fee. A Processing Fee equal to $ 0.XX per transaction based and XX bps on the gross transactions settled and volume respectively.
(ii) VISA Interchange Fees. All applicable VISA Interchange Fees (including, without limitation, those described below) on a pass-through basis,
which charges shall be calculated based upon the value of Customer’s VISA sales transactions less refund transactions (net sales volume).
Visa Interchange Rates
Visa International Interchange Rates:
VISA Domestic Interchange Rates:
Visa Electronic - Consumer International: 1.10%
Visa Electronic - Domestic Cards: 1.54%
Visa Standard - Consumer International: 1.60%
Visa Electronic - Infinite: 1.74%
Visa Electronic/Standard – Infinite/Signature: 1.80%
Visa Electronic - Purchase/Corporate Cards: 1.90%
Visa Electronic/Standard – Commercial: 1.80%
Visa Standard - Domestic Cards: 1.65%
Visa International Acquirer Service Fee – All Cards: 0.40%
Visa Standard - Infinite: 1.85%
(iii) Visa Assessments. All applicable Visa Assessments (including,
Visa Standard - Purchase/Corporate Cards: 2.00%
without limitation, those described below) on a pass-through basis,
which charges shall be calculated based upon the gross value of
Visa Industry Program – Grocery
Client’s Visa sales volume:
Visa Electronic/Standard - Domestic Cards: 1.36%
•
Visa Electronic/Standard - Infinite: 1.56%
0.0904% per transaction
VISA Interchange Rates are subject to increase or decrease, and
Visa Electronic/Standard - Purchase/Corporate Cards: 1.85%
are subject to other modifications (including methodology of
calculation) by VISA, and the above Merchant Discount Rate will be
adjusted to reflect any such increases, decreases or modifications
all as described in the Merchant Agreement.
© Copyright 2012 | First Data Corporation
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