Visa Canada Interchange Rates.

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.

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 Interchange Plus pricing. The tables below provide a breakdown of the current Visa interchange rates.

Visa Credit Card Interchange Rates.

Card-TypeInterchange Rate
*** Card-Present
Swipe/Chip Consumer
1.250 %
Swipe/Chip Infinite
1.570 %
Swipe/Chip Corporate
1.900 %
Swipe/Chip Infinite Privilege
2.080 %
*** Keyed
Keyed Consumer
1.450 %
Keyed Premium
1.700 %
Keyed Corporate
2.000 %
Keyed Infinite Privilege
2.450 %
*** Recurring Payments
Recurring Consumer
1.250 %
Recurring Infinite
1.530 %
Recurring Corporate
1.850 %
Recurring Infinite Privilege
1.950 %
*** Everyday Independent Business *
Swipe/Chip Consumer
1.200 %
Swipe/Chip High-Spend
1.300 %
Swipe/Chip Corporate
2.000 %
Swipe/Chip Infinite Privilege
1.950 %
*** Restaurant
Swipe/Chip Consumer
1.200 %
Swipe/Chip Infinite
1.300 %
Swipe/Chip Corporate
1.900 %
Swipe/Chip Infinite Privilege
2.080 %
*** Gas and Service Stations
Swipe/Chip Consumer
1.070 %
Swipe/Chip Infinite
1.340 %
Swipe/Chip Corporate
1.800 %
Swipe/Chip Infinite Privilege
1.950 %
*** Groceries and Supermarkets
Swipe/Chip Consumer
1.00 %
Swipe/Chip Infinite
1.200 %
Swipe/Chip Corporate
1.850 %
Swipe/Chip Infinite Privilege
1.950 %
*** Level 2 Data
Corporate & Purchasing
1.600 %
Fuel Purchasing Cards
1.800 %

Visa Debit Card Interchange Rates.

(Debit) Card-TypeInterchange Rate
*** Card-Present
Debit Retail
0.250 % + 5¢
Debit Grocery
0.150 % + 5¢
Debit Gas Station
0.150 % + 5¢
*** Keyed
Debit Keyed
1.150 %
Debit Utilities
0.000 % + 10¢
*** Recurring Payments
Debit Recurring
0.600 %

Visa Assessments and Association Fees.

Assessments and Association FeesRate
Visa Card-Brand
0.1017 %
Visa International Cross-Border - Card-Present (CAD)
0.6780 %
Visa International Cross-Border - Keyed (CAD)
1.1300 %
Visa International Cross-Border (USD)
1.1300 %

*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 Rates →

* Visa Canada "Everyday" Independent Businesses MCC / 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

Better Pricing.

Lower Rates, No Monthly Fees

visa
mastercard
amex
Discover Logo

Average Credit Card Rate

1.92% + 8¢

card-pindebit

Average PIN-Debit Rate

0.91% + 8¢

visa
mastercard
amex
Discover Logo

Average Credit Card Rate

1.77% + 8¢

Interac

Average PIN-Debit Rate

9¢

visa
mastercard
amex
Discover Logo

Average Credit Card Rate

2.38% + 25¢

visa
mastercard
amex
Discover Logo

Average Credit Card Rate

2.47% + 25¢

FAQ.

You can accept payments wherever your business takes you with our mobile card reader. You can connect the Helcim card reader to your mobile device via Bluetooth, or plug it in to your desktop. The card reader accepts payments by tap, chip and pin, or swipe.

You can accept all major card brands with the Helcim Card Reader, including Visa, Mastercard, Amex, and more!

It's easy to get started with the Helcim Card Reader, just follow our user-friendly prompts for the initial startup. If you ever get stuck along the way, don't sweat it. Helcim has instructional guides, support videos, and an entire team of helpful Merchant Experience specialists available to assist you.

Helcim encrypts all sensitive merchant data and cardholder data using Advanced Encryption Standard (AES) with 256-bit keys. To meet PCI compliance requirements, all sensitive cardholder fields which are processed via the credit & debit card reader, including name, card numbers, expiry dates, and cardholder addresses (for AVS) are encrypted and securely stored.

While leasing might seem like a cost-effective option upfront, the monthly fee other payment processors will charge you to rent equipment can add up over the life of your contract. Learn more about why we never recommend leasing your hardware.

When you order a Helcim card reader, we work hard to ensure it reaches you as quickly as possible. Please know that shipping can take up to 5 business days for businesses for US locations and up to 7 business days for Canada.

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We’re Always Happy to Help!

Our in-house team of Merchant Experience Specialists are here to share their knowledge, answer your questions and point you in the right direction. No commissions, no pressure.

New to accepting card payments? Many of our merchants are first time business owners who are unfamiliar with the industry. We take the time to help you understand how it all works as well as how to avoid common pitfalls.

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