Credit Card Processing in Canada — See What You’ll Actually Pay
Among Canada’s lowest published rates. Service that answers.
MyEZ Solutions publishes its full interchange-plus pricing — every tier, every fee — and lets you run the numbers yourself before you ever talk to us. No quote-only pricing, no padded flat rate, no fees hiding in the fine print.
MyEZ’s published in-person rate for the $0–$50,000/month tier, checked November 2026. The rate is a markup over interchange, which is passed through at cost.
Different from the first screen — on purpose
Published rates, not quote games
Most processors make you sit through a sales call to learn your own rate. MyEZ publishes every tier on the Pricing page.
A calculator, not a teaser
Enter your real volume and ticket size and see your markup, your per-transaction fees, and an honest estimate with interchange included — labelled as an estimate, with the math shown.
Service that answers
24/7, and a dedicated person who knows your account picks up. Call 1-877-757-1170 — including at 2 a.m. on a Saturday when your terminal goes down mid-rush.
What would you pay with MyEZ?
This is the Canada calculator with a typical small-business month pre-loaded: $30,000 volume, $75 average ticket, 400 transactions, 70% credit / 30% Interac, 70% in-person. Drag the sliders to match your business.
Built for low-risk businesses
Our best pricing goes furthest where tickets are large and volume is steady: wholesale distributors and manufacturers running Level 2/3 B2B payments, large online merchants, trades and contractors, and every low-risk storefront in between.
Price-Match Promise
Send us a recent statement from any Canadian processor. If our published interchange-plus pricing doesn’t beat what you’re paying, we’ll show you the line-by-line comparison anyway — free, and yours to keep either way.
Price-Match Promise applies to new clients only.
How interchange-plus works — in three lines
Every card payment you accept is priced in three parts. Only one of them is your processor’s price — and it is the only part worth comparing.
1 · Interchange
Set by Visa, Mastercard and Interac and paid to the bank that issued your customer’s card. It depends on the card — a basic card costs roughly 1.4% in person in Canada, a premium rewards card just over 2% — and no processor can discount it.
2 · Network fees
Small assessment and processing fees charged by the card networks themselves. Like interchange, they are passed through at cost by MyEZ — they are not our revenue.
3 · The markup
The only part your processor controls. MyEZ’s markup is published by tier, starting at +0.40% + 8¢ in person.
A flat-rate processor folds all three lines into one number — 2.9% + 30¢ — and charges it on every card, including the basic cards and Interac taps that cost a fraction of that. Interchange-plus charges each card its own cost, so the ordinary cards that make up most of your sales are priced as ordinary cards. Read the full comparison in Interchange-Plus vs Flat Rate in Canada, or see the dated tables on the Interchange Rates page.
Interac in plain words: 9¢ chip, 12.5¢ tap
Interac is Canada’s debit network — the tap or chip payment most of your customers reach for first. With MyEZ it costs a flat 9¢ per chip transaction and 12.5¢ per tap. No percentage, ever.
On a $75 sale, that 9¢ is 0.12% of the sale. The same $75 sale on a 2.9% + 30¢ flat rate costs about $2.48. The gap is small on one sale and enormous across a month: 120 Interac transactions cost $10.80 with MyEZ at the chip rate (or $15.00 all tap), while the same 120 taps priced as credit cards would cost hundreds. That is why debit-heavy businesses — cafés, convenience stores, gas stations, quick-service counters — see the biggest savings when they leave flat rate.
Chip and tap are priced differently because the networks price them differently, and the calculator shows both: it uses the 9¢ chip rate by default and notes the 12.5¢ tap rate beside it. Interac Online, Apple Pay and Google Pay debit payments run on the same debit rails. Read the full explainer in Interac Debit in Canada: Why It Costs 9¢ and Your Credit Card Costs 2%.
What the calculator shows — and what it refuses to hide
Most fee calculators give you one number and ask you to trust it. Ours shows its working, because the working is the point.
By default the calculator shows exactly what MyEZ keeps: your markup plus your per-transaction fees, written as “$X + interchange”. Interchange is not a dollar line in the default view, because interchange depends on the cards your customers actually use — any single total would be a guess dressed up as a price. If you want a total, press Calculate with interchange: it adds an estimated total using an illustrative average interchange of 1.60% (interchange + network fees), and labels it “Estimate only” in full.
On the standard test month — $30,000 volume, $75 average ticket, 400 transactions, 70% credit / 30% Interac, 70% in-person — MyEZ costs $130.43 + interchange, or an estimated $466.43/month (1.55% effective) with the interchange estimate on. The same month is $878 on Stripe’s flat rate and $645.00 on Square’s. Drag the sliders to your own volume and the comparison follows. There is a separate USA calculator in USD for American businesses, where PIN debit is priced separately and there is no Interac.
Switching processors without downtime — the short version
The fear of a dead terminal or a broken checkout is why most businesses overpay for years. Our switch process is built to remove that fear: everything runs in parallel until the new setup is proven.
- Statement review first. Send a recent statement and we price your actual card mix against your current bill. The comparison is yours to keep either way.
- Parallel setup. Your MyEZ account, gateway and terminals are configured while your current processor keeps running — nothing is switched off until the replacement works.
- Test transactions. Real test sales, refunds and settlement on the new setup, at a quiet hour, before a single live sale moves.
- Cutover at your quietest hour. We switch you over, stay on the line, and confirm the first live batch and next-day funding.
- Close the old account properly. We help you exit cleanly — including checking for cancellation fees and equipment leases buried in your old agreement.
A clean single-terminal switch typically takes 1–2 weeks; a POS or gateway move takes 4–8 weeks. The full step-by-step guide is How to Switch Credit Card Processors in Canada Without Downtime, and the hub is Switching.
Who gets the best rates — and why
Interchange-plus pays best where tickets are large and volume is steady, because the markup percentage — not the per-transaction fee — decides the bill.
Wholesale distributors and manufacturers with large tickets and steady volume get the best interchange-plus pricing. On commercial and purchasing cards, the interchange category itself is the other half of the bill — Visa retired Level 2 data pricing in April 2026, so lower B2B rates now run on verified Level 3 / Product 3 data, which we help you capture from your invoicing. See B2B Interchange and Level 3 / Product 3 Data.
Large e-commerce and marketplaces outgrow flat rates fastest of all: interchange-plus scales with volume, against enterprise gateways that will not publish a rate at all. Trades and contractors — roofers, HVAC, plumbing, electricians — take deposits in the office, balances on site, and cards over the phone, with mobile terminals and next-day funding that keeps crews and materials moving.
And the same published tiers serve every low-risk storefront in between: retail, restaurants and cafés, gyms and fitness studios, barber shops, salons and spas, healthcare practices, home and professional services, auto shops, gas stations and convenience stores, furniture stores, movie theatres and entertainment venues, subscription businesses and pop-up shops. MyEZ serves low-risk industries only — if your business falls into a restricted category, we will tell you plainly rather than sign you up for a program that will be shut down at underwriting. The full list is on the Industries hub.
Payments, wherever your customers are
Get a quote from a person, within one business day
Tell us your volume, your industry, and who you process with now. A dedicated person — not an automated reply — will come back with your exact tier and what you’d save.