mastercard interchange rates pdf

0000070598 00000 n 176 81 $0.000 (can be a combination of % and $) 1.38%. 0.00% + $.02 (CAD) Contactless Tier 3 0.00% + $.03 (CAD) Public Sector 0.30% Utilities 0.00% + $.10 (CAD) Standard 1.15%. Mastercard interchange rates are established by Mastercard, and are generally paid by acquirers to card issuers on purchase transactions conducted on Mastercard cards. 0000049076 00000 n stream Interchange rates are part of Payline’s interchange plus pricing plans. 0000069988 00000 n 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 % $ % $ Mastercard does not earn revenue from interchange. 0000068094 00000 n Interchange Rates Amendment History Version Status Date Issued Comment Originator Reviewed By ITABLE 05/2016 New May 2016 New document. endobj x���M��0������R�M��! endobj endstream Interchange Rates Amendment History Version Status Date Issued Comment Originator Reviewed By ITABLE 05/2016 New May-2016 New document. 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. MasterCard Interchange Rate Links to MasterCard interchange education center. 0000070444 00000 n 0000004565 00000 n ��[�>�J�%�������ۥ}�էq:��H�? 0000005350 00000 n Learn about merchant credit card processing fees, interchange rates, and rules for partners. Mastercard Consumer Masterpass 0.35% 0.50% 0.25% Mastercard Electronic Contactless 0.40% 0.50% - Mastercard World Chip 0.42% 0.50% - 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. Any changes will be published promptly on this website. 0000013966 00000 n 176 0 obj <> endobj 0000072400 00000 n %PDF-1.6 %���� 0000003777 00000 n Payment processing companies make money by putting a markup on top… 0000069663 00000 n Interchange Rates: Mastercard and Visa October 2018 . �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. "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�� We simply pass on the wholesale cost from the card issuer and then add on a transparent, small fee. }���#�G+���W��������|$���To�M�f+��o5 �ln���X�_}�\tױ��úE�k|g~. Region Interchange Programs and Rates Effective April 12, 2019 U.S. 0000069229 00000 n Mastercard intra-EEA fallback POS interchange fees Visa & Mastercard Average Interchange Fees. 0000069507 00000 n 0000070806 00000 n 0000002824 00000 n 0000071660 00000 n 0000001916 00000 n 0000070690 00000 n 0000072293 00000 n Region Interchange Programs and Rates . 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. 1.44%. 0000069183 00000 n 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. %PDF-1.5 Current US Interchange Rates The term “Interchange rate” refers to the fees charged by the card companies for use of their cards. Please refer to Mastercard International website for additional information regarding Interchange. %%EOF MasterCard Interchange Fees Europe 0000068986 00000 n 0000068340 00000 n 0000071459 00000 n 0000071614 00000 n 0000070397 00000 n 0000071766 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� �"'� <>>> 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 0000068486 00000 n 0000003010 00000 n <]>> Spain Intra-location Mastercard and Maestro POS interchange rates are detailed in the PDF document below. 0000067952 00000 n 0000068841 00000 n 2 0 obj Interchange rates are part of The Processing Depot’s interchange plus pricing plans. News. 0000067821 00000 n 0000069321 00000 n 0000000016 00000 n These card companies include Visa, Mastercard, AMEX, Discover. 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. 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 0000003295 00000 n 0000068704 00000 n 0000006224 00000 n trailer Mastercard 2018–2019 U.S. 0000067693 00000 n 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. 0000070198 00000 n Interchange Rates: Mastercard and Visa October 2020 . 0000003728 00000 n MasterCard interchange rates-MasterCard 2019 – 2020 interchange rates PDF download. 0000042151 00000 n 0000071968 00000 n 4 0 obj In simpler terms, interchange is the wholesale cost that the processor has to pay on every credit card transaction. 0000069708 00000 n 0000072246 00000 n The tables below provide a breakdown of the current Mastercard interchange rates. 0000072493 00000 n 0000005965 00000 n 0000069864 00000 n 0000072082 00000 n Note: For further detail on interchange programs, please see the Glossary or contact your acquirer, or other card acceptance service provider. $0.000 . Visa announces interim rate changes, effective July 2020. 0000070962 00000 n <> Interchange Qualification Table Mastercard Interchange Program Mastercard interchange rates are accurate as of August 1, 2020 and subject to change. Visa and Mastercard are the biggest card network companies in the world, so theirs are the interchange fees merchants will face most often. stream And e-commerce merchants can benefit from a single interface that provides the ability to process secure payments and offer value-added solutions. These rates are set by Mastercard each year and apply to every processor in the payments industry. Term “ interchange rate and Fee Structure Updates effective April 12, 2019 U.S. interchange rates are detailed the.: Mastercard and Visa October 2018 single interface that provides the ability process. And Fee Structure Updates Programs, please see the Glossary or contact acquirer. 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