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 High-Spend | 1.520 % |
| Swipe/Chip Corporate | 1.900 % |
| Swipe/Chip Premium High-Spend (World Elite) | 1.950 % |
| Independent Business | |
| 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 % |
| Fleet 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 % |