How this guide was built. Every figure below comes from our vendor research dated 2026-09-30. Each number was checked against at least two independent sources (the processor's own site plus an independent source) before being printed here. Processors that publish no rates get a "quote-based — no published rate" badge instead of a guessed number. Figures are re-verified quarterly — if a number here is older than that, treat it as a starting point and ask the processor for current pricing.
Flat-rate pricing
One fixed percentage plus a fixed per-transaction amount on every sale. Simple — and the easiest to compare. Unfamiliar with the vocabulary? See the glossary.
| Processor | Published rates | Notes & source |
|---|---|---|
| Moneris |
In-store credit: 2.65% + $0.10
In-person Interac debit: $0.12/txn
Online (Total Commerce): 2.85% + $0.30
|
Also offers an interchange-plus "Simplified Pricing" plan — interchange + network fees + a Moneris transaction fee, with the markup quoted per merchant (no published markup). Source: official Moneris retail / Total Commerce pages; corroborated by Helcim's comparison table and Canadian Grocer's Square-vs-Moneris guide. Checked 2026-09-30. |
| Square |
Card-present: 2.65%
Interac (tap / chip-and-PIN): $0.10/txn
Keyed-in / card-not-present: 3.4% + 15¢
Square Online / invoiced: 2.9% + 30¢
|
No monthly fee on the free POS plan. Published rates are not negotiable. Source: official Square community staff posts (Canada); corroborated by Canadian Grocer and Best Buy Canada blog. Checked 2026-09-30. |
| Stripe |
Card-not-present: 2.9% + CA$0.30
Card-present (Terminal): 2.7% + CA$0.05
Interac debit, card-present: CA$0.15/txn
|
No monthly or setup fees. Custom interchange-plus pricing available for high-volume businesses. Source: official Stripe Canada regulatory disclosure (stripe.com/in/legal/ca-required-regulatory-disclosures); corroborated by jovvie.com (2026) and synder.com. Checked 2026-09-30. |
| TD Merchant Solutions |
Single-source: vendor-published only
Visa credit: 2.15%
Mastercard: 2.25%
Monthly service fee: $26.50
|
Figures come from TD's official fee-change notice effective Nov 1, 2025. We found no independent source corroborating them, so they are shown with this single-source note rather than printed as confirmed. Source: official td.com fee-change document. No independent corroboration found. Checked 2026-09-30. |
Interchange-plus pricing
Interchange and network fees passed through at cost, plus a fixed processor markup. The markup is the only part the processor controls — which makes it the easiest model to audit.
| Processor | Published rates | Notes & source |
|---|---|---|
| Helcim |
In-person: interchange + 0.30% + 8¢
Online / keyed-in: interchange + 0.50% + 25¢
|
No monthly fees. Calgary-based Canadian company; publishes a merchant buyout of up to $500 toward early-termination fees when switching. Source: official helcim.com pricing page; corroborated by KORONA POS and other independent reviews. Checked 2026-09-30. |
Quote-based pricing
These processors publish no Canadian rates — pricing is negotiated per merchant. The honest comparison here isn't a published number; it's your own statement (see how to read it).
| Processor | Published rates | Notes & source |
|---|---|---|
| Chase Payment Solutions | No published Canadian rates. Chase.ca confirms pricing is customized per business — there is no one-size-fits-all Canadian rate sheet. US-market flat figures exist in third-party reviews but describe the US product, not chase.ca. | Source: official chase.ca pricing statements. Checked 2026-09-30. |
| Clover (via Canadian resellers) | Quote-based — no published rate Canadian pricing is set by resellers and banks, not published. Note: Clover hardware is locked to the processing provider, and the reseller channel routinely uses 36-month contracts. |
Reseller-set pricing confirmed across independent reviews; no official Canadian rate sheet. Checked 2026-09-30. |
| Elavon | Quote-based — no published rate Elavon Canada publishes no rates. US-market figures (2.65% + $0.19 swiped, 3.5% + $0.19 keyed) exist in third-party reviews but are US figures, not Canadian ones. |
Canada-specific figures unverifiable; elavon.ca has no pricing page. Checked 2026-09-30. |
| Global Payments | Quote-based — no published rate No pricing page on the official site; third-party reviewers confirm quote-only pricing. |
Confirmed by absence on globalpayments.com/en-ca plus corroborating third-party reviews. Checked 2026-09-30. |
| Nuvei | Quote-based — no published rate Review sites list pricing as "not provided by vendor." |
Capterra and independent comparison sites corroborate the quote-only model. Checked 2026-09-30. |
| Paysafe | Quote-based — no published rate No official pricing page found; independent reviews confirm quote-only. |
2025 EIN News review and independent comparison sites agree. Checked 2026-09-30. |
The comparison that matters most. Published rates are only half the story — your effective rate (total fees ÷ total volume) is what you actually pay. See a worked comparison in the example savings walkthrough, or learn to compute yours in the statement guide.
Rates are public. Your statement is private.
Published numbers tell you what's possible. Your statements tell you what you're actually paying. Send us 3–6 months and we'll find the gap — free.
Get my free audit