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 1.800 %
Swipe/Chip Infinite Privilege 1.950 %
Groceries and Supermarkets  
Swipe/Chip Consumer 1.330 %
Swipe/Chip Infinite 1.520 %
Swipe/Chip Corporate 1.850 %
Swipe/Chip Infinite Privilege 1.950 %
Level 2 Data  
Corporate & Purchasing 1.600 %
Fuel Purchasing 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  
Visa Card-Brand 0.0904 %
Visa International Cross-Border (CAD) 0.4520 %
Visa International Cross-Border (USD) 0.9020 %

* HST is charged to the acquirer/processor on network card-brand, association and cross-border fees. Visa listed card-brand fees is 0.080% 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.