Domestic interchange fees
Current fees for ASB issued cards.
Visa
Fee programs for Card Present (CP) and Card Not Present (CNP) transactions.
|
Fee program
|
Visa Classic, Visa Gold, Visa Platinum and Visa Business
|
|---|---|
|
Industry Program – Government, Utilities & Telecom
|
NZD 0.70
|
|
Industry Program – Insurance
|
NZD 1.00
|
|
Industry Program – Recurring payment
|
0.70%
|
|
Industry Program – Charities
|
0.39%
|
|
Strategic Merchants - CP and CNP - Rate 1
|
0.50%
|
|
Strategic Merchants - CP and CNP - Rate 2
|
0.55%
|
|
Strategic Merchants - CP and CNP - Rate 3
|
0.60%
|
|
Strategic Merchants - CP and CNP - Rate 4
|
0.70%
|
|
Strategic Merchants - CP and CNP - Rate 5
|
0.80%
|
|
Strategic Merchants - CP and CNP - Rate 6
|
0.98%
|
|
Category
|
Visa Classic / Visa Gold
|
Visa Platinum
|
Visa Business
|
|---|---|---|---|
|
Contactless
|
0.85%
|
1.45%
|
N/A
|
|
Electronic
|
0.85%
|
1.85%
|
2.00%
|
|
Standard
|
1.25%
|
1.85%
|
2.00%
|
Visa Debit
|
Fee program
|
Fee
|
|---|---|
|
Industry Program – Government, Utilities & Telecom
|
NZD 0.70
|
|
Industry Program – Insurance
|
NZD 1.00
|
|
Industry Program – Recurring payment
|
0.70%
|
|
Industry Program – Charities
|
0.39%
|
|
Strategic Merchants - CP - Rate 1
|
NZD 0.04
|
|
Strategic Merchants - CP - Rate 2
|
NZD 0.05
|
|
Strategic Merchants - CNP - Rate 1
|
0.50%
|
|
Strategic Merchants - CNP - Rate 2
|
0.55%
|
|
Strategic Merchants - CNP - Rate 3
|
0.60%
|
|
Strategic Merchants - CNP - Rate 4
|
0.70%
|
|
Strategic Merchants - CNP - Rate 5
|
0.80%
|
|
Strategic Merchants - CNP - Rate 6
|
0.98%
|
|
Electronic - Card Present
|
0.30%
|
|
Electronic - Card Not Present
|
1.25%
|
For more information see Visa New Zealand Interchange details.
Mastercard
Fees for MasterCard, MasterCard Gold and Low Interest MasterCard.
|
Category
|
Fee
|
|---|---|
|
Charities
|
0.00%
|
|
Strategic Merchants 1
|
0.50%
|
|
Strategic Merchants 2
|
0.60%
|
|
Strategic Merchants 3
|
0.70%
|
|
Contactless
|
0.50%
|
|
Government and Utilities
|
0.70%
|
|
Petroleum
|
0.60%
|
|
Education and Learning
|
0.80%
|
|
Recurring payments
|
0.70%
|
|
SecureCode Merchant UCAF
|
1.00%
|
|
SecureCode Full UCAF
|
1.20%
|
|
Consumer Electronic
|
1.00%
|
|
Consumer Standard
|
1.40%
|
For more information see MasterCard NZ Understanding Interchange.
