New MasterCard Acquirer Fee in Canada

February 18, 2016

MasterCard continues to invest in their systems and platforms to support effective and efficient processing. In doing so, they periodically review their pricing structures – including network fees and interchange rates.   

Effective June 6, 2016, a new MasterCard Acquirer Assessment Fee will be implemented in Canada. The fee of 0.0125 percent will be assessed on all MasterCard transactions.    

If you have any questions or concerns about your processing account, please contact your Vantiv eCommerce merchant or partner relationship manager.

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