Fees

Member Fees

As a not-for-profit organization, Interac Association does not directly charge fees to customers and merchants. The Association operates on a cost-recovery basis, which means the Association charges members a "per transaction" fee sufficient to cover operating costs. The member fee is collected annually and varies annually based on operating expenditures for the year.

Effective June 2011, the Interac Association member fee charged to participating Members for the Interac Debit service is $0.007322 per transaction.