Last updates
April 2025: The following Visa Business Interchange rates go into effect April 12, 2025
Rate Program
Business
Visa Infinite Business
Standard
2.00% (no change)
2.35%
Electronic
Retired
Retired
Emerging Segments
Retired
Retired
Industry Program – Gas
Retired
Retired
Industry Program – Grocery
Retired
Retired
Performance Program – Card-Present
Retired
Retired
Recurring Payments
Retired
Retired
Interchange Program
Current Interchange Rate
Updates effective April 12, 2025
Standard
1.52%
No change
Electronic
1.42%
No change
Card Not Present
1.52%
Retired
Recurring Payments
1.37%
Retired
Emerging Segments
0.98%
Retired
Everyday Needs Program - Restaurant and Other
1.36%
Retired
Industry Program - Grocery and
Food Retail
1.23%
Retired
Industry Program - Gas
1.18%
Retired
Performance Program – Card Present Electronic Program
1.32%
Retired
Effective October 19th 2024, Visa and Mastercard Small Merchant Interchange Rate Programs for domestic consumer credit transactions will go into effect. Merchants will be qualified directly by Visa and Mastercard on eligibility for the new rates based on the following criteria:
Merchants processing up to $175,000 in annual Mastercard credit-only volume.
Merchants processing up to $300,000 in annual Visa credit, debit, and prepaid volume.
A merchant that processes both Visa and Mastercard may qualify for reduced rates on one or both card brands. The Initial qualification period for Visa and Mastercard will be Apr 1, 2023, to Mar 31, 2024, and the subsequent qualification periods will be October 1 to September 30 each year.
For the rates, see the tabs below
For more details and exceptions visit Visa.ca and Mastercard.ca
Visa Small Business Interchange Program Rates
Rate Program
Classic, Gold, Platinum
Infinite
VISA Infinite Privilege
Card Present
0.81%
0.99%
1.80%
Card Not Present (Tokenized)
1.25%
1.50%
2.25%
Card Not Present
1.30%
1.55%
2.30%
Mastercard Small Business Interchange Program Rates
Interchange Program Type
Core
World
World Elite
Muse
Card Present EMV
0.72%
0.95%
1.22%
1.29%
Unsecure Card Present
0.95%
1.19%
1.45%
1.52%
Digital Commerce
1.57%
1.80%
2.03%
2.15%
Contactless
0.72%
0.95%
1.22%
1.29%
3DS
1.40%
1.60%
1.80%
1.93%
Card Present Refund
0.43%
0.57%
0.73%
0.77%
Card Not Present Refund
0.96%
1.10%
1.24%
1.33%
Rate Program
Visa Debit
Electronic
CAD 0.03
Performance Program – Card Present Electronic Program
CAD 0.03
Industry Program - Gas
CAD 0.03
Industry Program - Grocery
CAD 0.03