Mastercard Interchange Rates.

Mastercard is one of the most commonly held and accepted credit cards in the US, Canada and the world. By accepting Mastercard, your customers can pay in-person, by phone and online. Helcim makes it easier and more affordable for your business to accept Mastercard cards so you can offer your customers a fast, reliable and secure method of payment. We display Mastercard's Interchange rates on our website as part of our transparent Interchange Plus pricing.

What is the Mastercard Interchange?

Interchange is the fee collected by the customer's credit card bank (the Mastercard card-issuer) on every transaction. These rates are set by Mastercard 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 Interchange Plus pricing. The tables below provide a breakdown of the current Mastercard interchange rates.

Current Mastercard Canada Interchange Rates.

Card-Type Interchange Rate
Card-Present  
Swipe/Chip Consumer 1.300 %  
Swipe/Chip High-Spend 1.420 %  
Swipe/Chip Corporate 2.000 %  
Swipe/Chip Premium High-Spend (World Elite) 1.860 %  
Keyed  
Keyed Consumer 1.650 %  
Keyed Premium 2.290 %  
Keyed Corporate 2.000 %  
Keyed Premium High-Spend (World Elite) 2.790 %  
Recurring Payments  
Recurring Consumer 1.300 %  
Recurring High-Spend 1.420 %  
Recurring Corporate 2.000 %  
Recurring Premium High-Spend (World Elite) 1.860 %  
Emerging Markets / Charities  
Swipe/Chip/Keyed Consumer 1.000 %  
Swipe/Chip/Keyed High-Spend 1.250 %  
Swipe/Chip/Keyed Corporate 2.000 %  
Swipe/Chip/Keyed Premium High-Spend (World Elite) 1.500 %  
Gas and Service Stations  
Swipe/Chip Consumer 1.170 %  
Swipe/Chip High-Spend 1.300 %  
Swipe/Chip Corporate 2.000 %  
Swipe/Chip Premium High-Spend (World Elite) 1.600 %  
Groceries and Supermarkets  
Swipe/Chip Consumer 1.220 %  
Swipe/Chip High-Spend 1.340 %  
Swipe/Chip Corporate 2.000 %  
Swipe/Chip Premium High-Spend (World Elite) 1.600 %  
Independent Business *  
Swipe/Chip Consumer 1.300 %  
Swipe/Chip High-Spend 1.420 %  
Swipe/Chip Corporate 2.000 %  
Swipe/Chip Premium High-Spend (World Elite) 1.860 %  
Level 2 Data  
Corporate & Purchasing 1.400 %  
Fleet Cards 1.400 %  
Level 3 Data  
Corporate & Purchasing 1.400 %  
Fleet Cards 1.400 %  
Large Ticket     $10,000+ 1.200 %  
Assessments and Association Fees  
Mastercard Card-Brand 0.0904 %  
Mastercard Acquirer Digital Communication (Ecommerce) Fee 0.0226 %  
Acquirer Licence Fee 0.0122%  
Fixed Acquirer Access Fee 0.008 %  
Account Status Inquiry ($0 transaction) $ 0.0283  
Address Verification Service (AVS) $ 0.0113  
Security Code Verification (CVC) $ 0.0028  
Mastercard International Cross-Border (CAD) 0.6780 %  
Mastercard International Cross-Border (USD) 1.1300 %  

*HST is charged to the acquirer/processor on network card-brand, association and cross-border fees. Mastercard's listed card-brand fees is 0.0800% respectively. Because this is an absorbed cost by the acquirer who are not allowed to claim ITCs in Canada, the HST on the card-brand fee cannot be used as an ITC by the merchant. Does not apply to interchange, per transaction or cost+ fees. Below are list to the official Visa and MasterCard interchange tables.

Mastercard Interchange Rates
* Mastercard Canada Independent Businesses SIC
LIMOUSINES AND TAXICABS 4121  
BOOKS PERIODICALS AND NEWSPAPERS 5192  
HOME SUPPLY WAREHOUSE STORES 5200  
HARDWARE STORES 5251  
LAWN AND GARDEN SUPPLY STORES 5261  
VARIETY STORES 5331  
FREEZER LOCKER MEAT PROVISIONERS 5422  
DAIRY PRODUCTS STORES 5451  
BAKERIES 5462  
MISC FOOD STORE-CONVENIENCE MRKT SPLTY VENDNG MACS 5499  
ALTERATIONS MENDING SEAMSTRESSES TAILORS 5697  
EATING PLACES RESTAURANTS 5812  
FAST FOOD RESTAURANTS 5814  
DRUG STORES PHARMACIES 5912  
BOOK STORES 5942  
NEWS DEALERS AND NEWSSTANDS 5994  
PET SHOPS - PET FOODS AND SUPPLIES 5995  
CLEANING GARMENT AND LAUNDRY SERVICES 7210  
LAUNDRY SERVICES - FAMILY AND COMMERICAL 7211  
DRY CLEANERS 7216  
BARBER AND BEAUTY SHOPS 7230  
HAT CLEANING SHOPS SHOE REPAIR SHOPS SHOE SHINE 7251  
AUTOMOBILE PARKING LOTS AND GARAGES 7523  
CAR WASHES 7542  
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Better Pricing,
Lower Rates.

$

First 6 Months Are On Us!

20

/monthly

First 6 Months Are On Us!

We want to help small businesses get back on their feet, so we're waiving our $20 monthly fee for your first 6 months - no questions asked. You get full access to all of our tools, as well as our great low processing rates.

  • No Contracts
  • Volume Discounts
  • Deposits in 1-2 Business Days
  • No PCI Fees
  • Visa
  • Mastercard
  • American Express
  • Discover
Average Credit Card Rate

1.93% + 8¢

  • Interac
Interac Chip & PIN

9¢

  • Visa
  • Mastercard
  • American Express
  • Discover
Average Credit Card Rate

2.42% + 25¢

Discover Our In-Depth Payment Solutions.

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  • Apps for Mobile & Desktop
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  • No Contracts or Commitments
  • Deposits in 1-2 Business Days
  • Friendly Service via Telephone or Email