Current domestic interchange
fees for ASB issued cards

Current domestic interchange fees for ASB issued cards

Visa

Fee ProgramVisa Classic
Visa Gold
Visa
Platinum
Visa
Business
Industry Program –
Government & Utilities
NZD$0.70
Industry Program – InsuranceNZD$1.00
Industry Program –
Recurring Payment
0.70%
Industry Program – Strategic Merchant Electronic0.80%
Industry Program – Strategic Merchant  (Card Not Present)0.98%
Electronic0.85%1.85%2.00%
Standard1.25%1.85%2.00%

Visa Debit
Strategic Merchant payWave RateNZ$0.05
Strategic Merchant Standard Rate 0.98%
Government & Utilities Standard RateNZ$0.70
Insurance Standard RateNZ$1.00
Recurring Payment Standard Rate0.70%
Standard Rate (payWave) 0.60%
Standard Rate (Card Not Present & Paper)1.25%

MasterCard

CategoryMasterCard
MasterCard Gold
Low Interest MasterCard
Charities0.00%
Strategic Merchants 1 (previously Strategic Merchants)0.65%
Strategic Merchants 20.75%
Strategic Merchants 30.85%
Government and Utilities0.70%
Petroleum0.70%
Education and Learning0.80%
Recurring Payments0.70%
Consumer Electronic1.00%
Consumer Standard1.40%


For information relating to interchange fees please view:

http://www.visa-asia.com/ap/nz/mediacenter/factsheets/interchange.shtml

http://www.mastercard.com/nz/merchant/en/interchangefees/index.html