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MasterCard Domestic Purchase Transactions
Interchange Fees for Australia
In accordance with paragraph 20 of the Reserve Bank of Australia's Standard No.1 - The Setting of Wholesale ("Interchange") Fees (the "Standard") made under the Payments Systems (Regulation) Act 1998, MasterCard Worldwide hereby advises that, with effect on 16 October 2009, the following interchange fees will apply to MasterCard purchase transactions in Australia where the card issuer and merchant acquirer are both Australian members:
MasterCard Credit Card Transactions
| Interchange Category Name |
Priority |
Interchange Fee
inc GST |
| Charities |
1 |
0.000% |
| High Volume Merchants |
2 |
0.275% |
| Tiered Merchants |
3 |
0.374% |
| Government & Utilities |
4 |
0.330% |
| Petroleum |
4 |
0.374% |
| Education and Learning |
4 |
0.330% |
| Recurring Payments |
5 |
0.330% |
| PayPass |
5 |
0.385% |
| Quick Payment Service |
6 |
0.440% |
| SecureCode Merchant UCAF Super Premium |
6 |
1.540% |
| SecureCode Merchant UCAF Premium |
6 |
0.880% |
| SecureCode Merchant UCAF Commercial |
6 |
1.100% |
| SecureCode Merchant UCAF Standard |
6 |
0.330% |
| SecureCode Full UCAF Super Premium |
7 |
1.595% |
| SecureCode Full UCAF Premium |
7 |
0.935% |
| SecureCode Full UCAF Commercial |
7 |
1.155% |
| SecureCode Full UCAF Standard |
7 |
0.385% |
| EMV Premium |
7 |
1.210% |
| EMV Commercial |
7 |
1.430% |
| EMV Consumer Electronic |
7 |
0.605% |
| Super Premium |
8 |
TBA |
| Commercial |
8 |
1.210% |
| Consumer Premium |
9 |
0.990% |
| Consumer Electronic |
9 |
0.385% |
| Consumer Standard |
10 |
0.440% |
MasterCard Credit Card Interchange Fee Qualifying Criteria
| Interchange Category |
Description |
| Charities |
Available to merchants set up with MCC 8398 that are recognized by the Australian Taxation Office as charitable organisations. |
| High Volume Merchant |
Available to all Tiered Merchants that process no less than 30 million domestic off-us transactions per annum. For the purposes of this proposal, “off-us” shall mean the processing of a transaction where the financial institution that acquires the transaction (including acquirer of record) is separate and distinct from the financial institution that has issued the card. |
| Tiered Merchants |
Available to merchant groups that accept more than 20 million MasterCard branded transactions across their entire business. |
| Government and Utilities |
Available to the following MCCs: 9211, 9222, 9223, 9311, 9399, 9402, 9405, 4812, 4813, 4814, 4816, 4821, 4899, 4900 |
| Petroleum |
Available to the following MCCs: 5541, 5542 |
| Education and Learning |
Available to the following MCCs: 8211, 8220, 8241, 8244, 8249, 8299, 8351 |
| Recurring Payments |
Available for transactions containing the Recurring Payment indicator other than transactions qualifying for Charities, Tiered Merchants, High Volume Merchant, Government & Utilities, Petroleum and Education and Learning. |
| PayPass |
Available to all PayPass transactions equal to or less than A$55 other than transactions qualifying for Charities, Tiered Merchants, High Volume Merchant, Government & Utilities, Petroleum and Education and Learning. |
| QPS (registration required) |
Available for transactions containing the QPS indicator other than transactions qualifying for Charities, Tiered Merchants, High Volume Merchant, Government & Utilities, Petroleum, Education and Learning and PayPass. |
| EMV Premium (EMV card, non-EMV terminal) |
Available for all cards above Gold containing an EMV compliant chip, other than for Charities, Tiered Merchants, High Volume Merchant, Government & Utilities, Petroleum, Education and Learning, QPS and PayPass. |
| EMV Commercial (EMV card, non-EMV terminal) |
Available for all commercial payment cards containing an EMV compliant chip, other than for Charities, Tiered Merchants, High Volume Merchant, Government & Utilities, Petroleum, Education and Learning, QPS and PayPass. |
| EMV Consumer (EMV card, non-EMV terminal) |
Available for all consumer cards Gold or below containing an EMV compliant chip, other than for Charities, Tiered Merchants, High Volume Merchant, Government & Utilities, Petroleum, Education and Learning, QPS and PayPass. |
| SecureCode Merchant UCAF Super Premium |
Applicable to transactions with Merchant UCAF only that would otherwise qualify for the Super Premium rate (see slide 17) |
| SecureCode Merchant UCAF Premium |
Applicable to transactions with Merchant UCAF only that would otherwise qualify for the Premium rate (see slide 17) |
| SecureCode Merchant UCAF Commercial |
Applicable to transactions with Merchant UCAF only that would otherwise qualify for the Commercial rate (see slide 17) |
| SecureCode Merchant UCAF Standard |
Applicable to transactions with Merchant UCAF only that would otherwise qualify for the Consumer Standard rate (see slide 17) |
| SecureCode Full UCAF Super Premium |
Applicable to transactions with Full UCAF that would otherwise qualify for the Super Premium rate (see slide 17) |
| SecureCode Full UCAF Premium |
Applicable to transactions with Full UCAF that would otherwise qualify for the Premium rate (see below) |
| SecureCode Full UCAF Commercial |
Applicable to transactions with Full UCAF that would otherwise qualify for the Commercial rate (see below) |
| SecureCode Full UCAF Standard |
Applicable to transactions with Full UCAF that would otherwise qualify for the Consumer Standard rate (see below) |
| Super Premium |
Applicable to transactions on premium cards higher than Platinum except for transactions that would qualify for Charities, Tiered Merchants, High Volume Merchant, Government & Utilities, Petroleum, Education and Learning, Recurring Payments, PayPass, QPS, SecureCode Merchant and Full UCAF Super Premium rates |
| Commercial |
Available for non-EMV commercial payment card transactions, other than for Charities, Tiered Merchants, High Volume Merchant, Government & Utilities, Petroleum, Education and Learning, Recurring Payments, PayPass, QPS and SecureCode Merchant and Full UCAF Commercial rates. |
| Consumer Premium |
Available for all cards above Gold, other than for Charities, Tiered Merchants, High Volume Merchant, Government & Utilities, Petroleum, Education and Learning, Recurring Payments, PayPass and QPS. |
| Consumer Electronic |
Available for consumer credit card transactions conducted at an electronic data capture terminal and authorised by the issuer other than other than for Charities, Tiered Merchants, High Volume Merchant, Government & Utilities, Petroleum, QPS, PayPass, EMV Premium, EMV Consumer, and Consumer Premium . |
| Consumer Standard |
Available to all domestic credit transactions not qualifying for any other interchange category. |
Debit MasterCard Transactions
| Interchange Category Name |
Priority |
Interchange Fee
inc GST |
| Charities |
1 |
0.000% |
| Tiered Merchants |
2 |
$0.04 |
| Government & Utilities |
3 |
$0.15 |
| Micropayments |
4 |
0.55% |
| Petroleum |
4 |
$0.10 |
| Recurring Payments |
5 |
$0.15 |
| Quick Payment Service |
5 |
0.44% |
| EMV Commercial |
6 |
$0.45 |
| EMV Consumer Electronic |
6 |
$0.15 |
| Commercial |
7 |
$0.40 |
| Consumer Electronic |
8 |
$0.10 |
| Consumer Standard |
9 |
$0.33 |
MasterCard Cash
| Interchange Category Name |
Priority |
Interchange Fee
inc GST |
| Transit |
1 |
A$0.04 |
Debit MasterCard Interchange Fee Qualifying Criteria
| Interchange Category |
Description |
Charities |
Available to merchants set up with MCC 8398 that are recognized by the Australian Taxation Office as charitable organizations.
|
| Tiered Merchants |
Available to merchant groups that accept more than 20 million MasterCard branded transactions across their entire business. |
| Government and Utilities |
Available to the following MCCs: 9211, 9222, 9223, 9311, 9399, 9402, 9405, 4812, 4813, 4814, 4816, 4821, 4899, 4900 |
| Micro-payments |
For transactions only to the value of A$20 or below. Does not apply to Charities, Tiered Merchants or Government & Utilities. |
| Petroleum |
Available to the following MCCs: 5541, 5542 |
| Recurring Payments |
Available for transactions containing the Recurring Payment indicator other than transactions qualifying for Charities, Tiered Merchants, Government & Utilities, and Petroleum. |
| QPS (registration required) |
Available for transactions containing the QPS indicator other than transactions qualifying for Charities, Tiered Merchants, Government & Utilities, and Petroleum. |
| EMV Commercial (EMV card, non-EMV terminal) |
Available for all commercial payment cards containing an EMV compliant chip, other than for Charities, Tiered Merchants, Government & Utilities, Petroleum, and QPS. |
| EMV Consumer (EMV card, non-EMV terminal) |
Available for all consumer cards containing an EMV compliant chip, other than for Charities, Tiered Merchants, Government & Utilities, Petroleum, and QPS. |
| Commercial |
Available for non-EMV commercial payment card transactions, other than for Charities, Tiered Merchants, Government & Utilities, Petroleum, Recurring Payments, and QPS. |
| Consumer Electronic |
Available for consumer debit card transactions conducted at an electronic data capture terminal and authorised by the issuer other than other than for Charities, Tiered Merchants, Government & Utilities, Petroleum, and QPS. |
| Consumer Standard |
Available to all domestic credit transactions not qualifying for any other interchange category. |
MasterCard reserves the right to change these fees as it deems appropriate from time to time. Any such changes to these fees will be published on this site as required by the Standard.
Enquiries regarding interchange fees should be directed to MasterCard Worldwide at (02) 9466 3700.
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