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MasterCard Canada Fee Updates

July 19, 2017

Revised MasterCard Consumer Credit Interchange Rates in the Canada Region

Effective November 1, 2017, MasterCard will change the existing interchange fee program rates that apply to Canada domestic consumer credit card transactions.

Interchange Program Current Effective November 1, 2017
Volume Tier 3 World 1.53% + $0.00 1.51% + $0.00
Independent Business World 1.53% + $0.00 1.51% + $0.00
MasterPass Core 1.55% + $0.00 1.44% + $0.00
MasterPass World 1.89% + $0.00 1.71% + $0.00
MasterPass World Elite 2.49% + $0.00 2.06% + $0.00
SecureCode-Enabled Core 1.55% + $0.00 1.44% + $0.00
SecureCode-Enabled World 1.89% + $0.00 1.71% + $0.00
SecureCode-Enabled World Elite 2.49% + $0.00 2.06% + $0.00
Electronic World 1.77% + $0.00 1.71% + $0.00
Standard Core 1.55% + $0.00 1.58% + $0.00
Standard World 1.89% + $0.00 2.29% + $0.00
Standard World Elite 2.49% + $0.00 2.79% + $0.00

 

New MasterCard Activity Fee in the Canada Region

Effective October 16, 2017, MasterCard will introduce a new activity fee for utility transactions (MCC 4900) acquired in Canada.  Transactions qualifying for Consumer Credit Utilities and Consumer and Commercial Debit Utilities interchange programs will be assessed an activity fee of $0.02 USD.

Revised MasterCard Assessment Fee in the Canada Region

Effective November 1, 2017, MasterCard will increase the Assessment fee in the Canada region from 0.079% to 0.08%.

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