Visa

For transactions conducted in New Zealand on Kiwibank issued Visa cards.

Visa Prepaid Cards

Fee category Interchange rate
Industry Program – Charities 0.39%
Strategic Merchants – Card Present – Rate 1 NZ$0.04
Strategic Merchants – Card Present – Rate 2 NZ$0.05
Strategic Merchants – Card Not Present – Rate 0.50%
Strategic Merchants – Card Not Present – Rate 2 0.55%
Strategic Merchants – Card Not Present – Rate 3 0.60%
Strategic Merchants – Card Not Present – Rate 4 0.70%
Strategic Merchants – Card Not Present – Rate 5 0.80%
Strategic Merchants – Card Not Present – Rate 6 0.98%
Industry Program – Government, Utilities & Telecom NZ$0.70
Industry Program – Insurance NZ$1.00
Industry Program – Recurring Payments 0.70%
Electronic – Card Present 0.30%
Standard – Card Not Present 1.25%

Visa Debit Cards

Fee category Interchange rate
Industry Program – Charities 0.39%
Strategic Merchants – Card Present 0.39%
Strategic Merchants – Card Not Present – Rate 1 0.50%
Strategic Merchants – Card Not Present – Rate 2 0.55%
Strategic Merchants – Card Not Present – Rate 3 0.60%
Strategic Merchants – Card Not Present – Rate 4 0.70%
Strategic Merchants – Card Not Present – Rate 5 0.80%
Strategic Merchants – Card Not Present – Rate 6 0.98%
Industry Program – Government, Utilities & Telecom NZ$0.70
Industry Program – Insurance NZ$1.00
Industry Program – Recurring Payments 0.70%
Electronic – Card Present 0.60%
Standard – Card Not Present 1.25%

Mastercard®

For transactions conducted in New Zealand on Kiwibank issued Mastercard® cards.

Mastercard® Credit Cards

Fee category Interchange rate
Charities 0.00%
Strategic Merchants 1 0.50%
Strategic Merchants 2 0.60%
Strategic Merchants 3 0.70%
Paypass/Contactless (excluding Commercial Cards) 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 Premium 2.15%
Commercial Premium 2.20%
Commercial 2.00%
Consumer Electronic 1.00%
Consumer Standard 1.40%