CFIB Special Rate with Mastercard


As an independent business owner, you play a critical role in fueling the Canadian economy and your local community. Recognizing your important contribution, and the collective buying power of CFIB’s 109,000 members who generate over $3 billion in Mastercard sales each year — Mastercard Canada has agreed to match its top tier rates for CFIB members — rates otherwise reserved for a handful of Canada’s largest merchants. This is an exclusive offer reserved for current and new members of CFIB.

12.5% savings represents the difference between Core Electronic and Core Volume Tier 1 rates applicable to face-to-face transactions.  Specific merchant savings may be lower or higher depending on transactional activity and card type.

Starting April 3, 2017, CFIB members can get the same rate as individual merchants with over $3 billion in Mastercard sales. This represents a 12.5% savings from Mastercard’s base “electronic” rate, and as much as a 22% savings on some premium cards. And to be clear, these savings are in addition to the exceptional payment processing rates already provided to CFIB members by Chase Paymentech.


"This new agreement with Mastercard is a big deal for small business,” said Dan Kelly, President of CFIB. "It gives members access to transaction rates that reflect their combined sales of more than $3 billion, and lowers their cost of acceptance. This is a significant step forward in Canada’s payment industry and serves as an important sign of progress in the relationship between payment companies, like Mastercard, and smaller merchants,” Kelly concluded.

Read the press release

Read about our new deal in:
•  The Globe and Mail

CFIB has long been a powerful force in negotiating with government and the credit card industry, working to ensure independent business in Canada get a fair and transparent deal when it comes to payment processing.  We pushed for the introduction of the Credit and Debit Card Code of Conduct, a reduction and 5 year freeze in average interchange rates to 1.5% and negotiated preferred rates and special terms with Chase Paymentech for CFIB members as part of our Privilege Programs.  And now, CFIB members can enjoy the benefit of Mastercard’s highest volume rates.


      Mastercard has provided access to the CFIB special Mastercard rate to all credit card processors in Canada.

Only through Chase Paymentech, CFIB’s trusted partner for payment processing and a cornerstone of our Privilege Programs, can CFIB guarantee that savings will be passed on to you.  Chase Paymentech offers CFIB members exceptional rates on most payment processing services.  And, Chase Paymentech is the only payment processor with an exclusive agreement with CFIB.  Chase Paymentech is committed to ensuring that 100% of interchange savings are passed through to CFIB members who qualify for the CFIB special Mastercard rate.  Furthermore, as long as your CFIB membership remains active, you can leave Chase Paymentech without exit penalties.

  • Already signed up to the CFIB program with Chase Paymentech?
    If so, you will automatically receive these saving starting April 3rd, 2017.  We always ensure any new savings are passed on to existing members.
  • Curious how much you will save?
    To see how much you will save when combining the new CFIB special Mastercard rate with CFIB preferred pricing from Chase Paymentech, simply give them a call at 1 888 317-9535 for a free analysis.

Already a CFIB member, but using another payments processor?
Other processors are able to offer CFIB’s special Mastercard rates to members.  So far, CFIB has received confirmation that the following payment processors will offer CFIB’s special Mastercard rate as of the dates indicated:

  • Elavon (April 17)        
  • First Data (April 3)
  • Global Payments (April 3)
  • Moneris (April 3)
  • TD Merchant Solutions (April 3)

Please note that CFIB does not have direct partnership agreements with these processors.  As a result, to get the lower rate, you will need to contact your processor and provide your CFIB membership ID number.  At this time, we are unaware if Desjardins (Monetico) and some other processors intend to offer the CFIB special Mastercard rate. Please contact your processor to learn more about their plans.

Not yet a CFIB member?
Find out more today!

For more information, contact Business Resources at

Associations and Franchise groups
To get CFIB’s Mastercard and Chase Paymentech special rates for your association members or franchise group, contact Mike Kirwin at or 1 888 234 2232.

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