Domestic interchange fees

Interest rates and fees are current as at 30 September 2016 and are subject to change without notice. Some other service fees may apply from time to time.

 

MasterCard domestic interchange fees - Consumer credit and commercial products
Fee programmeRate
Charities
0.00%
Strategic Merchant 1
0.50%
Strategic Merchant 2
0.60%
Strategic Merchant 3
0.70%
PayPass (excluding Commercial Cards)
0.50%
Utilities
0.70%
Petroleum
0.60%
Education
0.80%
Recurring Payments
0.70%
Secure Code - Merchants
1.00%
Secure Code - Full UCAF
1.20%
Consumer Super Premium 1
2.35%
Consumer Super Premium 2
2.10%
Consumer Premium
2.15%
Commercial
2.00%
Consumer Electronic
1.00%
Consumer Standard
1.40%

 

MasterCard domestic interchange fees - Consumer debit products
Fee programmeRate
Charities
0.00%
PayPass Micropayment (< =NZD 15)
NZD $0.004
Contactless Strategic Merchant 1
NZD $0.060
Contactless Strategic Merchant 2
NZD $0.100
Strategic Merchant 1 - Debit
0.30%
Strategic Merchant 2 - Debit
0.35%
Strategic Merchant 3 - Debit
0.40%
PayPass
0.40%
Government & Utilities
0.50%
Petroleum
0.50%
Recurring Payments
0.70%
Secure Code - Merchants
1.00%
Secure Code - Full UCAF
1.20%
Consumer Electronic
0.50%
Consumer Standard
1.30%

 

MasterCard domestic interchange fees - Consumer prepaid products
Fee programmeRate
Charities
0.00%
PayPass Micropayment (< =NZD 15)
NZD $0.004
Strategic Merchant 1 - Prepaid
0.40%
Strategic Merchant 2 - Prepaid
0.40%
Strategic Merchant 3 - Prepaid
0.40%
PayPass
0.40%
Government & Utilities
0.50%
Petroleum
0.50%
Recurring Payments
0.70%
Secure Code - Merchants
1.00%
Secure Code - Full UCAF
1.20%
Consumer Electronic
0.50%
Consumer Standard
1.30%

 

Visa domestic interchange fees - Consumer credit products
Fee programmeRate
Industry Programme - Government & Utilities
NZ$0.70
Industry Programme - Insurance
NZ$1.00
Industry Programme - Charities
0.39%
Industry Programme - Recurring Payment
0.70%
Strategic Merchant 1
0.50%
Strategic Merchant 2
0.55%
Strategic Merchant 3
0.60%
Strategic Merchant 4
0.70%
Strategic Merchant 5
0.80%
Strategic Merchant 6
0.98%
Electronic
0.85%
Standard
1.25%

 

Visa domestic interchange fees - Consumer debit products
Fee programmeRate
Government & Utilities Standard Rate
NZ$0.70
Industry Programme - Charities
0.39%
Strategic Merchant Card Present Rate 1
NZ$0.04
Strategic Merchant Card Present Rate 2
NZ$0.05
Strategic Merchant CNP rate 1
0.50%
Strategic Merchant CNP rate 2
0.55%
Strategic Merchant CNP rate 3
0.60%
Strategic Merchant CNP rate 4
0.70%
Strategic Merchant CNP rate 5
0.80%
Strategic Merchant CNP rate 6
0.98%
Insurance Standard Rate
NZ$1.00
Recurring Payment Standard Rate
0.70%
Electronic
0.30%
Standard Rate (Card Not Present & Paper)
1.25%

 

 

Visa domestic interchange fees - Consumer prepaid products
Fee programmeRate
Strategic Merchant - Card Present rate
0.39%
Strategic Merchant - CNP rate 1
0.50%
Strategic Merchant - CNP rate 2
0.55%
Strategic Merchant - CNP rate 3
0.60%
Strategic Merchant - CNP rate 4
0.70%
Strategic Merchant - CNP rate 5
0.80%
Strategic Merchant - CNP rate 6
0.98%
Industry Programme - Charities
0.39%
Industry Programme - Government & Utilities
NZ$0.70
Industry Programme - Insurance
NZ$1.00
Recurring Payment
0.70%
Electronic
0.60%
Standard Rate (Card Not Present & Paper)
1.25%

Find out about domestic interchange fees here.