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. PuroPayment 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.
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.
| Card-Type | Interchange Rate |
|---|---|
| Card-Present | |
| Swipe/Chip Consumer | 1.300 % |
| Swipe/Chip High-Spend | 1.420 % |
| Swipe/Chip Corporate | 2.000 % |
| Swipe/Chip Premium High-Spend (World Elite) | 1.860 % |
| Keyed | |
| Keyed Consumer | 1.650 % |
| Keyed Premium | 2.290 % |
| Keyed Corporate | 2.000 % |
| Keyed Premium High-Spend (World Elite) | 2.790 % |
| Recurring Payments | |
| Recurring Consumer | 1.300 % |
| Recurring High-Spend | 1.420 % |
| Recurring Corporate | 2.000 % |
| Recurring Premium High-Spend (World Elite) | 1.860 % |
| Emerging Markets / Charities | |
| Swipe/Chip/Keyed Consumer | 1.000 % |
| Swipe/Chip/Keyed High-Spend | 1.250 % |
| Swipe/Chip/Keyed Corporate | 2.000 % |
| Swipe/Chip/Keyed Premium High-Spend (World Elite) | 1.500 % |
| Gas and Service Stations | |
| Swipe/Chip Consumer | 1.170 % |
| Swipe/Chip High-Spend | 1.300 % |
| Swipe/Chip Corporate | 2.000 % |
| Swipe/Chip Premium High-Spend (World Elite) | 1.600 % |
| Groceries and Supermarkets | |
| Swipe/Chip Consumer | 1.220 % |
| Swipe/Chip High-Spend | 1.340 % |
| Swipe/Chip Corporate | 2.000 % |
| Swipe/Chip Premium High-Spend (World Elite) | 1.600 % |
| Independent Business * | |
| Swipe/Chip Consumer | 1.300 % |
| Swipe/Chip High-Spend | 1.420 % |
| Swipe/Chip Corporate | 2.000 % |
| Swipe/Chip Premium High-Spend (World Elite) | 1.860 % |
| Level 2 Data | |
| Corporate & Purchasing | 1.400 % |
| Fuel Purchasing Cards | 1.400 % |
| Level 3 Data | |
| Corporate & Purchasing | 1.400 % |
| Fleet Cards | 1.400 % |
| Large Ticket $10,000+ | 1.200 % |
| Assessments and Association Fees | |
|---|---|
| Mastercard Card-Brand | 0.0904 % |
| Mastercard Acquirer Digital Communication (Ecommerce) Fee | 0.0226 % |
| Acquirer Licence Fee | 0.0122 % |
| Fixed Acquirer Access Fee | 0.008 % |
| 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 fees 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 Canada Independent Businesses | SIC |
|---|---|
| LIMOUSINES AND TAXICABS | |
| 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 |