mastercard interchange rates pdf

Where not fully regulated by the government, Mastercard sets interchange rates based on the value delivered by the issuing bank and the benefits of accepting electronic payments. 0000014816 00000 n MasterCard U.S. and Interregional Interchange Rate Programs ©2011 MasterCard Rates and Criteria Effective as of April 2011 2 of 144 This document includes MasterCard U.S. and Interregional interchange rate tables and key qualifying criteria; additional business and processing criteria may apply. 0000068340 00000 n MasterCard Interchange Fees Europe 0000072246 00000 n 0000070290 00000 n startxref "Y��-��4^YHvf�y��'��/&�)��{x�N�W� ��7I��R-�^�l>��+�I�3}O�2 �S�Q�%��PA�h�~��g��P̳Y=��`�Bc@1B�{�X4�c��4��M��*�'^0J36ļ)K\ɺ@�* R+��H_��l�~�o��1�F0�� Setting interchange at the right level is important because if interchange rates are set too high, merchants may choose not to accept cards; and, if interchange is set too low, issuing banks have no incentive to cover the risks of issuing payment cards. VISA INTERCHANGE 2019 CPS Retail Credit 1.51% 0.65%$0.10 CPS Debt Repayment Program $0.15 CPS Retail Debit 0.80% 0.00%$0.15 CPS Debt Repayment CAP $2.00 CPS Retail U.S. Interchange Qualiﬁcation Table Mastercard Interchange Program Mastercard interchange rates are accurate as of August 1, 2020 and subject to change. 0000067905 00000 n 0000006224 00000 n Interchange rates change twice a year – in April and October. Interchange rates let electronic payments deliver maximum value at the lowest cost for retailers and consumers, and promotes credit availability for small businesses – driving financial inclusion. endobj These rates are set by Mastercard each year and apply to every processor in the payments industry. Visa, Mastercard & Discover 2020 Interchange Rate and Fee Structure Updates. Visa and Mastercard are the biggest card network companies in the world, so theirs are the interchange fees merchants will face most often. x��M��0��R�M��! Interchange Rates Amendment History Version Status Date Issued Comment Originator Reviewed By ITABLE 05/2016 New May 2016 New document. endstream Interchange Rates The following is a summary of interchange rates of Visa ® Canada, Mastercard ® Canada, Discover Financial Service and Interac ® Direct Payment. 0000069229 00000 n MasterCard® Interchange Programs and Rate Schedule (Effective October, 2012) Fee Per Sales $ Per Item Merit III 1.58% $0.10 Merit III Enhanced 1.73% $0.10 World Merit III 1.77% $0.10 High Value Merit III 2.20% $0.10 World Elite Merit III 2.20% $0.10 Merit III Debit 1.05% $0.15 Regulated Incentive Consumer POS Debit - US 0.05% $0.21 1 0 obj 256 0 obj<>stream 0000070444 00000 n }��#�G+��W��|$��To�M�f+��o5 �ln��X�_}�\tױ��úE�k|g~. 0000069183 00000 n <> 0000067693 00000 n Region Mastercard Consumer Credit Rates. Payment processing companies make money by putting a markup on top… The tables below provide a breakdown of the current Mastercard interchange rates. 0000070690 00000 n 0000068624 00000 n 176 0 obj <> endobj 0000067821 00000 n %%EOF MasterCard interchange rates-MasterCard 2019 – 2020 interchange rates PDF download. Interchange Rates: Mastercard and Visa November 2019 . MasterCard U.S. and Interregional Interchange Rate Programs ©2006 MasterCard Rates and Criteria Effective as of October 2006 2 of 72 This document includes MasterCard U.S. and Interregional intercha nge rate tables and key qualifying criteria; additional busine ss and processing criteria may apply. ��1�3.8p�!��OlXt��`0��#Ʀ¼��An��z��,gbk�r�p��|�[s,��% �x�n`��d��r�\q�"��@�µ�k��ĭkAS�jznX�vmDV��q-�7��5sr\ٗ2=:��\��NƂ/��\�3��ł��R�O�醥G��*^r. Any changes will be published promptly on this website. 176 81 0000049076 00000 n 0000069708 00000 n 0000003295 00000 n 0000071340 00000 n Program Name %PDF-1.5 Interchange Rates Amendment History Version Status Date Issued Comment Originator Reviewed By ITABLE 05/2016 New May-2016 New document. 0000068486 00000 n Mastercard Consumer Interchange Fees 1-Aug-18. 0000068940 00000 n Mastercard 2017–2018 U.S. 0000071766 00000 n 0000042151 00000 n Mastercard interchange rates are established by Mastercard, and are generally paid by acquirers to card issuers on purchase transactions conducted on Mastercard cards. 0 Interchange Rates: Mastercard and Visa October 2018 . trailer MASTERCARD CREDIT DISCOUNT RATE ADJUSTMENT FEE APPLICABLE MASTERCARD INTERCHANGE RATE 1.59% $0.00 (can be a combination of % and $) MASTERCARD CREDIT CARD TRANSACTION TYPE DOMESTIC TRANSACTIONS (Continued) AS IDENTIFIED ON THE TD MERCHANT SERVICES MONTHLY STATEMENT Interchange Rate Interchange Differential % $ % $ 0000071175 00000 n Mastercard reserves the right to change the rates below at any time. Mastercard sets interchange rates based on the value delivered by the issuing bank as well as the benefits of accepting electronic payments. 0000068841 00000 n 0000071614 00000 n Visa announces interim rate changes, effective July 2020. 0000068578 00000 n stream 3 0 obj 0000068094 00000 n 0000070644 00000 n Published on May 1, 2020 Future Interchange Rates The document here provides the Interchange and/or Wholesale Rates set by the Visa, Mastercard, American Express, Discover and UnionPay International payment networks in Canada for processing credit and debit card payments. 0000068188 00000 n 0000068704 00000 n 0000069819 00000 n In simpler terms, interchange is the wholesale cost that the processor has to pay on every credit card transaction. Regulated 0.05% $0.22 CPS Debt Repayment Regulated Debit 0.05% $0.22 CPS Retail Prepaid 1.15% 0.65%$0.15 CPS Debt Repayment Prepaid $0.15 Mastercard offers end-to-end processing products and solutions. 0000068235 00000 n And e-commerce merchants can benefit from a single interface that provides the ability to process secure payments and offer value-added solutions. Mastercard interchange balance the benefits and costs of electronic payments. Please refer to Mastercard International website for additional information regarding Interchange. 0000004565 00000 n 0000068986 00000 n xref Learn more about the benefits of interchange fees & rates, it delivers to all parties. mastercard credit card transaction type as identified on the td merchant solutions monthly statement. 0000069553 00000 n 0000002824 00000 n 0000070152 00000 n 0000069507 00000 n x�b```b`�0c`a``�� Ȁ ��@��q�A��h d�c`lp/�P��"d�\�x�a��/�^��'[s|�ց�t"�p0�a�ɸ�@߂� �"'� Visa & Mastercard Average Interchange Fees. Download Current Fees 5 0 obj Mastercard Consumer Interchange Fees 1-Aug-17 Payment Product Fee Tier IRD General Airlines Enhanced E-commerce Merchant Program Mastercard Consumer Masterpass PW 0.35% 0.50% 0.25% Mastercard Electronic Contactless P2 0.40% 0.50% - Mastercard World Chip 50, 53 0.44% 0.50% - Mastercard World Elite Enhanced Electronic 84, 88 0.60% 0.50% - 2 A chargeback is the contesting of a payment by your customer, in which the customer claims the paid amount back by MasterCard or Visa. Mastercard does not earn revenue from interchange. 0000000016 00000 n 0000003728 00000 n 0000003777 00000 n 0000070244 00000 n 0000070806 00000 n Interchange rates are only one of many cost components included in a MSF, and are a necessary and efficient method by which Mastercard maintains a strong and vibrant payments network. <]>> Spain Intra-location Mastercard and Maestro POS interchange rates are detailed in the PDF document below. 0000069463 00000 n Mastercard Consumer Masterpass 0.35% 0.50% 0.25% Mastercard Electronic Contactless 0.40% 0.50% - Mastercard World Chip 0.42% 0.50% - 4 0 obj Visa provides its partners with insight into the Visa Rules. 0000070551 00000 n Note: For further detail on interchange programs, please see the Glossary or contact your acquirer, or other card acceptance service provider. 0000071129 00000 n 0000001916 00000 n 0000071505 00000 n <>>> Mastercard 2018–2019 U.S. News. 0000071009 00000 n x��}��!dMH4� I��d!��BDr`��(� �uX^E�z�'/V�b�"��[�-ZZ[Z�J�UZϣ��h]���lo7��e�L2a3+��g7��ޞ�� 0000003010 00000 n 0000072493 00000 n These card companies include Visa, Mastercard, AMEX, Discover. 0000005083 00000 n Mastercard 2019–2020 U.S. 0000072400 00000 n MasterCard Interchange Rate Links to MasterCard interchange education center. stream /�y,e�}Ow�s��h��4q{��߹�mfO~�nu|��v�@�I��Aim��@@tpTnpP��:��]�jYp�s��b�B�b��v�T�?��b�h9��nj Region Mastercard Consumer Credit Rates Co Group 0000070598 00000 n 0000071813 00000 n 0000071922 00000 n %PDF-1.6 %�� 1.44%. Interchange Manager Marketing Team ITABLE … 0000071660 00000 n 0000067952 00000 n mastercard credit discount rate adjustment fee rates effective december 1 2016. applicable mastercard interchange rate. Learn about merchant credit card processing fees, interchange rates, and rules for partners. A�n��y�m�q��n�� b��`uc�*k��ٮ;��"m ��dJ�H�}�%��@�a�0�I�@�) 0��$�0��U�b�h�$EDh�I|�@�Bc�C�� n��D�7��mqriQ�� Interchange rates are set and regulated by Visa Canada, Mastercard Canada, Discover Canada and UnionPay International, whereas Wholesale Discount Rates are set by American Express in Canada. Current US Interchange Rates The term “Interchange rate” refers to the fees charged by the card companies for use of their cards. Region Interchange Programs and Rates Effective April 12, 2019 U.S. 0000070034 00000 n 0.00% + $.02 (CAD) Contactless Tier 3 0.00% + $.03 (CAD) Public Sector 0.30% Utilities 0.00% + $.10 (CAD) Standard 1.15%. As of Spring 2014, MasterCard no longer includes the qualification criteria required to achieve the different rates. Interchange Rates: Mastercard and Visa October 2020 . Rates for business transaction services October 2020 10 1 A refund transaction takes place when you refund an amount to a client who returns an ordered article. 0000070198 00000 n %�� 0000069321 00000 n <> 0000072293 00000 n 0000013966 00000 n 0000071459 00000 n For both companies, the interchange will depend largely on the type of card used. 0000005965 00000 n 0000072129 00000 n Interchange rates are part of Payline’s interchange plus pricing plans. 0000070397 00000 n 0000071968 00000 n �3�?�j��_�[�n�{��/5Ϩ>�TW^�dT�S�n�{ SfW�}�4@��>kY�}��N>�@V�e��ɳ��W* ��{ot8Pb�VL��r�幭z:��r!��n�}+З�@^h��n�i��>��@��r. endobj endobj 0000070962 00000 n 0000072082 00000 n 0000069663 00000 n $0.000 . Where not fully regulated by the government, Mastercard sets interchange rates based on the value delivered by the issuing bank and the benefits of accepting electronic payments. 0000070853 00000 n 0000003879 00000 n Effective April 13, 2018 U.S. The latest: Visa has changed the implementation date for its rate changes for a third time. Mastercard intra-EEA fallback POS interchange fees �9r�ȑ#G�9r�ȑ#G�9r�ȑ#G�9r�ȑ#G�9r�ȑ#G��L��С_l [�&+��s>��9�m�eu�l( L�K �{��Dmz�9�� !�İʹ��kI��A ^rf��V�'+�l�n��=9d�9C��گ7��8� 0000069864 00000 n For example, we offer debit and prepaid issuers a processing platform designed to help create differentiated products and services. Interchange Rates Amendment History Version Status Date Issued Comment Originator Reviewed By ITABLE 05/2016 New May-2016 New document. Interchange rates are part of The Processing Depot’s interchange plus pricing plans. We simply pass on the wholesale cost from the card issuer and then add on a transparent, small fee. ��[�>�J�%��ۥ}�էq:��H�? 0000072446 00000 n 0000005350 00000 n <> Payment Product Fee Tier General Airlines Enhanced E-commerce Merchant Program . 0000069080 00000 n 0000071293 00000 n <>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 792 612] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> Our role Mastercard does not earn revenue from interchange. Region Interchange Programs and Rates Effective Dates: Single Message System—1 April 2017 Dual Message System (Clearing)—21 April 2017 (with Release 17.Q2) U.S. endobj Mastercard New Enterprise Solution Wholesale Travel Program Product Codes and Interchange Program Mastercard is expanding the Wholesale Travel Program by introducing 5 new commercial business-to-business (B2B) credit product codes and new commercial interchange programs in Interchange Rate Designators (IRD) BB. ;ѻ[�v�[q4WL�ŗx�B�Q��0�TL�3��fa2ȹ�Svl\�|�$q��F��L��gzwKi�jH�Yz�WDn Region Interchange Programs and Rates . $0.000 (can be a combination of % and $) 1.38%. 2 0 obj 0000069366 00000 n 0000067622 00000 n Mastercard sets interchange rates within limits determined by the Reserve Bank of Australia and based on the value delivered by the issuing bank as well as the benefits of accepting electronic payments. 06/26/2020. 0000069988 00000 n 0000004138 00000 n