Visa Interchange Rates Canada & Credit Card Processing.
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. Helcim makes it easier and more affordable for your business to accept Visa cards so you can offer your customers a fast, reliable and secure method of payment. We display Visa's Interchange rates on our website as part of our transparent Interchange Plus pricing.
Learn more about our merchant feesUnderstanding Visa Interchange Rates in Canada
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 Interchange Plus pricing. The tables below provide a breakdown of the current Visa interchange rates.
Current Visa Canada Interchange Rates.
1 Annual fee applied to merchant categories: Direct Marketing/Inbound, Dating Services, Gambling, Pharmacies/Drug Stores, Quasi-Cash/Crypto, Computer/ Network Services, Digital Games, Securities Dealer, Direct Marketing/Outbound, Direct Marketing/Subscriptions and Tobacco Sales.
2 HST is charged to the acquirer/processor on network card-brand, association and cross-border fees. Visa listed card-brand fee is 0.090%. 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 interchange table.
Visa Canada Official Interchange RatesYou Deserve Better Payments.
Lower Rates. Better Tools. Amazing Service.
- Easily Sign Up in Minutes
- No Hidden Fees or PCI fees
- Interchange Plus Pricing
- No Contracts or Commitments
- Deposits in 1-2 Business Days
- Friendly Service via Telephone or Email