Fees

Merchant Fees

As a not-for-profit organization, Interac Association does not directly charge fees to customers and merchants. The Interac Association members who offer Interac services to merchants may charge fees for the use of the service. Fees vary from merchant to merchant depending on individual contracts. According to a recent Bank of Canada study, on average, merchants pay 12 cents for every debit card transaction. Additional information regarding merchant acceptance and costs can be found directly in the study at http://www.bank-banque-canada.ca/en/res/dp/2008/dp08-12.html

Interac Association however, does charge your merchant service provider a fee to be a member of the Interac network. Effective February 1, 2009, there were changes to Interac Association's member fee for the Interac Debit service. For more information, please click here.

If you are interested in providing an Interac service and would like more information about how to get started and about any applicable fees and charges, please contact an Acquirer directly. For a list of Interac Debit Acquirers, please click here and for Interac Online Acquirers, please click here.