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/current-fees.html
VISA CANADA – INTERCHANGE REIMBURSEMENT FEES Domestic Consumer Credit & Debit Products Fee Program Standard Electronic Performance Program – Tier 1 Performance Program – Tier 2 Industry Program – Gas Industry Program - Grocery Recurring Payments Emerging Segments
Domestic Business Credit Products Fee Program Standard Electronic Performance Program – Tier 1 Performance Program – Tier 2 Industry Program – Gas Industry Program - Grocery Recurring Payments Emerging Segments
Business 2.00% 1.90% 1.80% 1.85% 1.80% 1.85% 1.85% 1.80%
Visa Infinite Privilege Business 2.65% 2.25% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00%
VISA CANADA – INTERCHANGE REIMBURSEMENT FEES Domestic Corporate & Purchasing Credit Products Fee Program Standard Electronic Enhanced Data – Fuel Enhanced Data – Level 2 Enhanced Data – Level 3 Large Ticket (STP) Transaction Amount: $7,000 $15,000 Large Ticket (STP) Transaction Amount: $15,000 -$50,000 Large Ticket (STP) Transaction Amount: $50,000+ Performance Program – Tier 1 Performance Program – Tier 2 Industry Program – Gas Industry Program - Grocery Recurring Payments Emerging Segments
Corporate
Purchasing
2.00% 1.90% 1.80% 1.60% 1.40%
2.00% 1.90% 1.80% 1.60% 1.40%
1.30% + $35
1.30% + $30
1.20% + $35
1.20% + $35
1.10% + $35
1.10% + $35
1.80% 1.85%
1.80% 1.85% 1.80%
1.80% 1.85% 1.85% 1.80%
1.85% 1.85% 1.80%
Domestic Prepaid Products Fee Program Standard Electronic Performance Program – Tier 1 Performance Program – Tier 2 Industry Program – Gas Industry Program – Grocery Recurring Payments Emerging Segments
Canada Domestic Commercial Interchange Rates Interchange Description Commercial Standard Rate Data Rate 1 Data Rate 2 Large Ticket
2.00% 1.80% 1.40% 1.20%
International Consumer Interchange Rates Interchange Description International Standard Rate International Cardholder in Store Standard Rate SecureCode Merchant SecureCode Merchant and Cardholder
Core 1.60% 1.10% 1.44% 1.54%
Premium 1.85% 1.85% 1.85% 1.85%
International Commercial Interchange Rates Interchange Description International Commercial Standard Rate Electronic Product Large Market Product Data Rate 1 Large Market Large Ticket
Premium High Spend 2.00% 1.85% 2.00% 0.90% + $30 (USD)
International Card Sales Occurring in Canada All Card Products Acquirer Interchange Program Rate International Electronic International Base Submission Level
Trans Fee
1.20% 1.72%
$0.00 $0.00
Cash Reimbursement (International Cash Advances Occurring in Canada) Rate Cash Reimbursement
Trans Fee
0.16%
$3.00
INTERAC DIRECT PAYMENT – INTERCHANGE RATE PROGRAMS Interac Direct Payment Interchange Interchange for Interac Direct Payment (“IDP”) transactions is currently zero. Interac Flash Interchange Tiers Low-ticket merchants High volume merchants All other merchants