Pass Through Fees

Discount Rate Pricing Details

In addition to your Discount Rate, Per Transaction Fee, Card Brand Fee, any Interchange Adjustments and Non-Qual Surcharge you agreed to in Section D of the Card Acceptance Form, you also agree to pay the following Pass Through Fees regulated by the Payment Card Networks including Visa®, Mastercard®, Discover®, and Interac® whose cards you accept and these fees may change from time to time at the Payment Card Networks discretion.

  • Mastercard Cross Border Assessment Fees
  • Visa Cross Border Assessment Fees (also referred to as the International Service Fee)
  • Interac Flash Interchange Fee
  • Interac Debit and/or Flash Switch Fee
  • Non-Compliance Fine - Mastercard Processing Integrity Fee – Pre Authorization
  • Non-Compliance Fine - Mastercard Processing Integrity Fee – Final Authorization
  • Non-Compliance Fine – Mastercard Excessive Authorization Attempts Transaction Processing Excellence Program
  • Non-Compliance Fine – Mastercard Nominal Amount Authorization Transaction Processing Excellence Program
  • For detailed descriptions of these pass through fees, refer to the Pass Through Rates and Description Table below.

 

iPlus Pricing Details

In addition to our mark-up fee agreed to in Section D of the Card Acceptance Form, you also agree to pay the following pass through fees regulated by the Payment Card Networks such as Visa®, Mastercard®, Discover® and Interac® whose cards you accept and may change from time to time at the Payment Card Networks discretion where applicable:

  • Mastercard Acquirer Assessment Fee
  • Visa Acquirer Assessment Fee
  • Discover Acquirer Assessment Fee
  • Amex OptBlue Acquirer Assessment Fee (Network Fee)
  • UnionPay (UPI) Acquirer Assessment Fee
  • Mastercard Cross Border Assessment Fees
  • Visa Cross Border Assessment Fees (also referred to as the International Service Fee)
  • MC Digital Commerce Fee
  • MC Utility Fee – only for merchant with MCC 4900
  • Interac Flash Interchange Fee
  • Interac Debit and/or Flash Switch Fee
  • Non-Compliance Fine - Mastercard Processing Integrity Fee – Pre Authorization
  • Non-Compliance Fine - Mastercard Processing Integrity Fee – Final Authorization
  • Non-Compliance Fine – Mastercard Excessive Authorization Attempts Transaction Processing Excellence Program
  • Non-Compliance Fine – Mastercard Nominal Amount Authorization Transaction Processing Excellence Program

For detailed descriptions of these pass through fees, refer to the  Pass Through Rates and Description Table below.


 

Flat Rate Pricing Details

In addition to your Flat Rate you agreed to in Section D of the Card Acceptance Form, you also agree to pay the following Pass Through Fees regulated by the Payment Card Networks including Visa®, Mastercard®, Discover® and Interac® whose cards you accept and these fees may change from time to time at the Payment Card Networks discretion.

  • Mastercard Cross Border Assessment Fees
  • Visa Cross Border Assessment Fees (also referred to as the International Service Fee)
  • Interac Flash Interchange Fee
  • Interac Debit and/or Flash Switch Fee
  • Non-Compliance Fine - Mastercard Processing Integrity Fee – Pre Authorization
  • Non-Compliance Fine - Mastercard Processing Integrity Fee – Final Authorization
  • Non-Compliance Fine – Mastercard Excessive Authorization Attempts Transaction Processing Excellence Program
  • Non-Compliance Fine – Mastercard Nominal Amount Authorization Transaction Processing Excellence Program

For detailed descriptions of these pass through fees, refer to the Pass Through Rates and Description Table below.


 

Interchange Rates

Interchange is the amount that Acquirers such as First Data Canada are required to pay Card Issuers by way of the Payment Card Networks such as Visa, Mastercard, and Discover for each credit or debit card transaction you process. Interchange rates are set and regulated by the Payment Card Networks and can vary by card type and method of acceptance. Interchange rates are also subject to periodic changes as determined by the individual Payment Card Networks. Click here for current and future Interchange rates a published by the Payment Card Networks.

Pass Through Rates and Description Table

Fee

Current Cost

Future Cost

Fee Description

Mastercard Acquirer Assessment Fee

0.0904%

 

Assessed to all Mastercard transactions.

Visa Acquirer Assessment Fee

0.1017%

 

Assessed to all Visa transactions.

Discover Acquirer Assessment Fee

0.0712%

 

Assessed to all Discover transactions.

Amex OptBlue Acquirer Assessment Fee (Network Fee)

0.12%

 

Assessed to all Amex/JCB transactions.

UnionPay (UPI) Acquirer Assessment Fee

0.10%

 

Assessed to all UPI Credit and Debit card transactions.

Mastercard Cross Border Assessment Fee- Canadian Currency

0.678%

 

Assessed to all Mastercard transactions when the country codes of the merchant and the cardholder differ and when the transaction currency is in Canadian Dollars.

Mastercard Cross Border Assessment Fee- Non-Canadian Currency

1.13%

 

Assessed to all Mastercard transactions when the country codes of the merchant and the cardholder differ and when the transaction currency is other than Canadian Dollars.

MC Digital Commerce Fee

0.0226%

 

Assessed to all Mastercard e-commerce and recurring payment transactions.

MC Utility Fee

$0.0226

 

Assessed to all Mastercard transactions for merchants with MCC 4900.

Mastercard Preauthorization Fee

0.05% with minimum fee of $0.01

 

Assessed to all Mastercard preauthorized transactions.

Mastercard Processing Integrity non-compliance fine – Pre Authorization

$0.07

 

Applies to pre authorizations that are not fully reversed or cleared within 30 calendar days of the authorization date

Mastercard Processing Integrity non-compliance fine – Final Authorization

 

0.25%

($0.07 minimum)

 

Applies to final authorizations that are not fully reversed or cleared within 7 calendar days of the authorization date or when the final authorization amount does not equal the clearing amount or when the final authorization currency code does not match the clearing currency code.

Mastercard Excessive Authorization Attempts Transaction Processing Excellence Program non-compliance fine

$0.15

 

Applies to all Mastercard authorization attempts made on the same card within 24 hours period after receiving 20 decline responses.

Mastercard Nominal Amount Authorization Transaction Processing Excellence Program non-compliance fine

$0.07

 

Applies to all Mastercard transactions identified by Mastercard as a Nominal Amount Authorization transaction which is a transaction for an authorization with one full unit of currency and subsequently reversed in an effort to validate the card status.

Visa Cross Border Assessment Fees (also referred to as the International Service Fee “IASF) – Canadian Currency – Card Present and Card Not Present Transactions

0.452%

 

Assessed to all Visa transactions when the country codes of the merchant and the cardholder differ and when the transaction currency is in Canadian Dollars.

Visa Cross Border Assessment Fees (also referred to as the International Service Fee “IASF”) – Non-Canadian Currency – Card Present Transactions

0.904%

 

Assessed to all Visa transactions when the country codes of the merchant and the cardholder differ and when the transaction currency is other than Canadian Dollars.

Visa Cross Border Assessment Fees (also referred to as the International Service Fee) – Non-Canadian Currency – Card Not Present Transaction

0.9605%

1.1865% effective April 1, 2020

Assessed to all Visa transactions when the country codes of the merchant and the cardholder differ and when the transaction currency is other than Canadian Dollars.

Interac Flash Interchange Fee – Tier 1

$0.02

 

Assessed to all Interac Flash transactions for qualifying merchants: Quick Service Restaurants (MCC 5814), Convenience Stores (MCC 5331), Movie Theatres (MCC 7832) and Vending Machines (MCC 5499).

Interac Flash Interchange Fee – Tier 2

$0.025

 

Assessed to all Interac Flash transactions for merchants that meet a minimum annual transaction volume threshold of 60 million Interac Debit transactions that are $100 or less.

Interac Flash Interchange Fee – Tier 3

$0.035

 

Standard interchange rate applied to all other merchants.

Interac Debit and/or Flash Switch Fee

$0.009

 

Assessed to all Interac transactions.

1The difference between the expected Interchange Rate versus the actual Interchange Rate incurred as explained by your sales representative.