Visa Adjusts Merchant Card Fees in Canada
Start here
AI-assisted source synthesis · not an independent investigation.
Reported on October 21, 2026, Visa will adjust merchant-related card fees in Canada. Starting October 24, Visa will lower credit card interchange fees for businesses with annual Visa sales of no more than C$750,000 (approximately US$534,000). At the same time, Visa plans to add a 1.8-basis-point processing network fee to all domestic transactions in Canada starting in April 2027; the report notes that this fee is typically passed on to merchants. The report currently does not specify the exact reduction in interchange fees or how the new fee will be allocated among different merchants.
AI-written from reports · updated 3 hours ago
Timeline
Follow the reporting to see the different sides of the story.
- Payments DiveVisa to expand lower interchange fee scope and raise some processing fees in Canada
Visa will lower credit card interchange fees from October 24 for businesses in Canada with annual Visa sales of no more than CA$750,000 ($534,000). Visa will also add a 1.8 cent processing fee to all domestic transactions in Canada starting in April 2027; the fee is typically passed on to merchants.
Heat over time
Not enough consecutive observations yet to draw a trend.