| Visa-Interchange | Visa Classic, Gold, Platinum | Visa-Infinite | Visa-Infinite Privilege | Visa-Corporate | visa-Corporate Infinite Privilege | Explanation |
|---|---|---|---|---|---|---|
| Electronic (chip transactions) | 1.25 % | 1.57 % | 2.08 % | 2.08 % | 2.08 % | Cards accepted through Inserting-Chip and Tapping/Dipping-These Wholesale Costs are for most business types to accept Visa cards |
| Standard (keyed transactions) | 1.40 % | 1.57 % | 2.08 % | 2.08 % | 2.25 % | Cards accepted through Keying in the Card-These Wholesale Costs are for business's that take payments as Card Not Present |
| Recurring (i.e., set-up via web terminal) | 1.25 % | 1.53 % | 1.95 % | 1.95 % | 1.95 % | Cards accepted on a web-dashboard such as a virtual terminal on a schedule of: daily,weekly, bi-weekly, monthly, semi-annually- quarterly etc. |
| Everyday Need Rate Program | 1.20 % | 1.30 % | 1.95 % | 1.95 % | 1.95 % | Specific business's get a discount for accepting cards through visa through the Everyday Need program category (Note 1 Below) |
| Petroleum / Gas | 1.07 % | 1.34 % | 1.95 % | 1.8 % | 2.0 % | Business's that sell gas products such as energy companies and gas-stations. |
| Supermarket | 1.20 % | 1.20 % | 1.95 % | 1.95 % | 1.95 % | Business's that receive a high volume of transactional swipes such as supermarkets and markets qualify |
| Charity / Emerging | 0.98 % | 1.17 % | 1.95 % | 1.95 % | 1.95 % | Charities and Non-Profits receive some of the lowest rates globally. |
| Master - Interchange | Master-Consumer | Master-High Spend | Master-Premium High Spend | |
|---|---|---|---|---|
| Electronic (chip transactions) | 0.92% | 1.22 % | 1.56 % | |
| Standard (keyed transactions) | 1.06 % | 1.20 % | 1.34 % | |
| Contactless Transaction Fee (under $25 only) | 0.5 % | 0.6 % | 0.7 % | |
| CFIB Special Interchange Rates | 1.26 % | 1.38 % | 1.9 % | |
| Commercial | 2.00 % | 2.00 % | 2.00 % | |
| Recurring (i.e., set-up via web terminal) | 0.92% | 1.22 % | 1.56 % | |
| Independent Business (see Note 1 ) | 0.92% | 1.22 % | 1.56 % | |
| Charity / Emerging Sectors / Public Sectors | 0.92% | 1.22 % | 1.56 % | |
| Petroleum / Gas | 0.92% | 1.22 % | 1.56 % | |
| Supermarket | 0.92% | 1.22 % | 1.56 % |
NOTE 1:
Specific businesses get better discounts from, visa and MasterCard and we pass on the savings to you. These fall into The Merchant Category Code of Independent Business category and Everyday Spend Category and are as follows:
LIMOUSINES.
AND TAXICABS
BOOKS PERIODICALS AND NEWSPAPERS
HOME SUPPLY WAREHOUSE STORES
HARDWARE STORES
LAWN AND GARDEN SUPPLY STORES
VARIETY STORES
FREEZER LOCKER MEAT PROVISIONERS
DAIRY PRODUCTS STORES
BAKERIES
MISC FOOD STORE-CONVENIENCE MRKT SPLTY VENDNGMACS
ALTERATIONS MENDING SEAMSTRESSES TAILORS
DRUG STORES PHARMACIES
EATING PLACES RESTAURANTS
FAST FOOD RESTAURANTS
BOOK STORES
NEWS DEALERS AND NEWSSTANDS
PET SHOPS – PET FOODS AND SUPPLIES
CLEANING GARMENT AND LAUNDARY SERVICES
LAUNDRY SERVICES – FAMILY AND COMMERICAL
DRY CLEANERS
BARBER AND BEAUTY SHOPS
HAT CLEANING SHOPS SHOE REPAIR SHOPS SHOE SHINE
AUTOMOBILE PARKING LOTS AND GARAGES
CAR WASHES
View the True Wholesale Visa Acceptance Costs/Rates on the Visa.ca website HERE
View the True Wholesale Mastercard Acceptance Costs/Rates on the Mastercard.ca website HERE
