Domestic interchange fees

Interest rates and fees are current as at 5 December 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.