Consumer credit and commercial payment cards

Interchange Fee Program	Interchange Rate
	Visa Classic Visa Gold	Visa  Platinum	Visa  Infinite	All  Commercial Products
Industry Program - Charities (MCC 8398)	0.39%
Industry Program - Government and Utilities	NZ$0.70
Industry Program - Insurance	NZ$1.00
Industry Program - Recurring Payment	0.70%
Industry Program - Strategic Merchant (Card Not Present)	0.98%
Industry Program - Strategic Merchant Electronic	0.80%
Standard	1.25%	1.85%	2.02%	2.00%
Electronic	0.85%	1.85%	2.02%	2.00%

 

Consumer debit payment cards*

Interchange Fee Program	Interchange Rate
Strategic Merchant Standard	0.98%
Strategic Merchant - Card Present	0.39%
Government and Utilities Standard	NZ$0.70
Industry Program - Insurance	NZ$1.00
Industry Program - Charity	0.39%
Recurring Payment Standard	0.70%
Electronic - Card Present	0.60%
Standard (Card Not Present and Paper)	1.25%

  
* Excludes EFTPOS transactions (defined as face-to-face card present transactions utilizing account selection and PIN, switched domestically to issuer)
 

Consumer prepaid payment cards

Interchange Fee Program	Interchange Rate
Strategic Merchant Standard	0.98%
Strategic Merchant Electronic	0.39%
Industry Program - Government and Utilities	NZ$0.70
Industry Program - Insurance	NZ$1.00
Industry Program - Charity	0.39%
Recurring Payment	0.70%
Electronic - Card Present	0.60%
Standard (Card Not Present and Paper)	1.25%

 

Note: All fees are assessed as a percentage of the transaction amount, unless otherwise stated. 
 
Click here to visit the Westpac New Zealand website.