Mastercard Canada 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.

Mastercard Credit Card Interchange Rates.

Card-Type Interchange Rate
Card-Present (EMV)  
Chip Consumer (Core) 0.920 %  
Chip Premium (World) 1.220 %  
Chip Corporate 2.000 %  
Chip Premium High-Spend (World Elite) 1.560 %  
Chip Super Premium (Muse) 1.650 %  
Contactless (NFC/Tap&Pay)  
Consumer (Core) 0.920 %  
Premium (World) 1.220 %  
Corporate 2.000 %  
Premium High-Spend (World Elite) 1.560 %  
Super Premium (Muse) 1.650 %  
Ecommerce Consumer (Core) 1.670 %  
Ecommerce Premium (World) 1.900 %  
Ecommerce Corporate 2.000 %  
Ecommerce Premium High-Spend (World Elite) 2.130 %  
Ecommerce Super Premium (Muse) 2.250 %  
Keyed (Virtual Terminal)  
Keyed Consumer (Core) 1.960 %  
Keyed Premium (World) 2.190 %  
Keyed Corporate 2.000 %  
Keyed Premium High-Spend (World Elite) 2.420 %  
Keyed Super Premium (Muse) 2.540 %  
MC International 1.100 %  
MC International Keyed 1.600 %  
MC International Premium 1.850 %  
MC International Super Premium 1.980 %  
MC International Corporate 2.000 %  

Mastercard Debit Card Interchange Rates.

(Debit) Card-Type Interchange Rate
Debit Retail 0.250 % + 5 ¢  
Debit Grocery 0.150 % + 5 ¢  
Debit Gas Station 0.150 % + 5 ¢  
Debit Keyed 1.150 %  
Debit Utilities 0.000 % + 10 ¢  
Recurring Payments  
Debit Recurring 0.600 %  
Assessments and Association Fees  
Mastercard Card-Brand 0.0983 %  
Mastercard Digital Enablement Fee
  1. 0.0226 %
  2. Min fee $0.0226
  3. Max fee $0.226
Acquirer Licence Fee 0.0054%  
Fixed Acquirer Access Fee $ 0.0103  
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 fee 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


Transparency, low rates, smart tools and amazing service! Many merchants have been dragged through the mud by their prior processor, with hidden fees, contracts, and terrible service. We've built our reputation on being the opposite. We care about building long-term relationships with our merchants - which means offering you the payment service you've been looking for.

Have more questions? Email or give us a call. Our in-house Merchant Experience Team is here to share their knowledge, answer your questions and point you in the right direction. No commissions, no pressure.

If your business is looking for a better way to accept credit and debit cards online or in-person, then Helcim is the payments company for you. Helcim offers a wide range of payment tools and software solutions to make it faster and easier for you to get paid.

No! We want to help small businesses grow and thrive, so there are no monthly fees. Your Helcim account allows you to process both in-person and online payments with great low processing rates. You also get full access to all of our merchant tools and benefit from our amazing customer service team.

For Visa, Mastercard, Amex and other card-brands, we offer Interchange Plus pricing to give you complete transparency and greater savings. By passing the base cost directly to you and only charging for a single markup, Interchange Plus pricing gives you significant savings. By knowing our cost as well as our markup, we promote a fully transparent partnership which means no surprises on your monthly statement!

To calculate your rates for in-person and online transactions, you can visit our pricing page.

Yes! And there is no need to call and renegotiate rates. Our Interchange Plus margin automatically decreases the more you process, helping you save even more.

You can view our complete volume discounts on our pricing page.

No! You can close your account anytime without any penalty and there are no hidden fees. You never again have to worry about setup fees, termination fees, quarterly fees, PCI & non-compliance fees, customer service fees, or bank deposit fees.

Deposits will appear in your bank account within 2 business days, depending on the time of day that your transactions are settled. Transactions processed over the weekend or bank holidays are initialized for deposit on the following business day. Your daily transactions are batched together, and deposited to your bank account net of processing fees.

The Helcim Shop is built right into your account dashboard, and is accessible immediately after signing up. You can order card readers, stands, printers and more directly from there.

Shipping is free and takes 2-3 business days via FedEx or UPS ground. Any equipment purchases are charged to your bank account on file. We do not currently offer rentals nor payment plans.

No! You can use your existing bank account, provided by your financial institution or credit union. Sole proprietors can use a personal bank account. Incorporated business and partnerships are required to use a business bank account

Law firms and other businesses that require separate trust and operating bank accounts are able to customize the flow of deposits and fees to meet their needs.

You can sign up directly on our website using your computer or mobile phone. There is no need for complicated paperwork nor signatures. The signup form takes as little as 5-minutes, asking you to enter basic information about your business, address and contact information.

Once you create your Helcim account, you can begin using it right away! Get started here.

You Deserve Better Payments.

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  • Interchange Plus Pricing
  • No Contracts or Commitments
  • Deposits in 1-2 Business Days
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New to accepting card payments? We take the time to help you understand how it all works so you can make the best decisions for your business.

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