How to read a TD merchant statement in 2026: Decoding CA fees

Determine your processing expenses on a TD Merchant Solutions statement by inspecting the Effective Rate Summary. This box consolidates total sales, total fees, and the effective discount rate for each card type. It aggregates all billing elements into a single overview before listing individual card brand activities.

Total transaction fees include the credit and debit rate, network assessment fees, per-item transaction fees, and card-specific fees. TD Merchant Solutions acts as the acquirer and processor for all American Express transactions. They consolidate Amex fees into your monthly statement alongside major credit and Interac debit charges. Checking the Effective Rate Summary first gives you a clear baseline rate across all card types. This stops confusion dead before you parse the detailed monthly line items.

On TD Interchange Plus statements, the Discount Rate Adjustment Fee covers card-specific cost variations. TD calculates this by adding the Interchange Differential and Rate Adjustment Fee, then multiplying the sum by your sales amount. The Interchange Differential Rate shows the exact network fee tied to each credit card tier your customers use.

Network interchange tables set wholesale transaction rates based on card categories and processing channels. Visa's published table sets the Visa CA Consumer Electronic Small Merchant rate at 0.77%. A premium card like Visa CA Infinite Privilege CNP Small Merchant carries a 2.3% rate. Premium rewards cards and card-not-present transactions carry higher wholesale interchange costs. TD passes these cost differences through via the Interchange Differential and Rate Adjustment Fee.

At a monthly card volume of CA$10,000 with a CA$50 average sale split across 60% credit and 40% debit (200 transactions/month), an interchange-plus model like Moneris Simplified Pricing costs CA$194 per month compared to CA$285 per month on flat-rate Square Standard for card-present transactions. In this CA$10,000 monthly volume scenario, card-present Helcim Interchange Plus costs CA$210 per month (2.1% effective rate) and online Helcim Interchange Plus costs CA$254 per month (2.54% effective rate). Online Moneris Flat Rate Pricing costs CA$287 per month (2.87% effective rate), while online Square Standard costs CA$350 per month (3.5% effective rate). The annual spread between the lowest and highest cost processing options at this volume is CA$1,872 per year.

Scale up to a monthly card volume of CA$25,000 with a CA$50 average sale (500 transactions/month, 60% credit and 40% debit). Card-present Moneris Simplified Pricing totals CA$485 per month (1.94% effective rate) or CA$5,820 per year. Card-present Helcim Interchange Plus costs CA$525 per month (CA$6,300 per year). Online Helcim Interchange Plus costs CA$635 per month (CA$7,620 per year). Card-present Square Standard jumps to CA$712.50 per month (CA$8,550 per year). Online Moneris Flat Rate Pricing hits CA$717.50 per month (CA$8,610 per year), and online Square Standard maxes out at CA$875 per month (CA$10,500 per year). The spread between the cheapest and most expensive option reaches CA$4,680 per year.

Canadian Interac debit pricing alters merchant costs because Interac charges flat per-transaction fees instead of variable percentages. Debit pricing structures use either percentage-based fees applied to transactions or flat per-transaction fees, like Moneris Flat Rate Pricing's CA$0.12 in-person debit fee or CA$1 online debit fee. Achieving true cost parity between processors means doing this exact math. When you compare Moneris vs Square, Moneris Simplified Pricing card-present beats Square Standard card-present at every volume with this sales mix. It runs a 1.94% marginal all-in rate against Square Standard's 2.85% rate, before adding fixed monthly subscription costs.

Comparing Canadian payment processors shows how interchange-plus pricing and flat-rate structures handle credit rates and Interac debit differently. Interchange-plus plans pass along wholesale network costs and add a processor margin. Flat-rate plans bill a fixed percentage and cents fee across standard credit transactions.

Interac debit fees vary depending on whether the provider bills at cost plus a margin or sets fixed dollar amounts per item. Moneris Flat Rate Pricing bills card-present Interac debit at CA$0.12 and card-not-present Interac debit at CA$1 per transaction. Square Standard ignores this entirely, charging its standard 2.65% + CA$0.10 card-present or 2.9% + CA$0.30 online rate across all card types.

When you compare TD Merchant Solutions vs Moneris, reading the administrative codes on your TD merchant statement requires distinguishing settlement dates from batch closure dates. On TD statements, CLS DATE is when a terminal batch closed. DEP DATE is when funds deposited into your business account. Processing transactions into a TD business account means deposits hit at no additional cost. They credit on the same business day for transactions completed within normal hours. Weekend or holiday batches deposit on the next business day.

Statements itemize non-compliance fees like compliance integrity and declined transaction penalties. TD calculates GST/HST specifically on equipment rental fees. If TD Merchant Solutions terminates an agreement before the end of a specified contract term, they apply the deactivation fee defined in your fee schedule.

TD guidelines grant merchants a critical protection. You have the right to cancel your service agreement without penalty within 70 days of the effective date for any new or increasing Payment Card Network Operator (PCNO) or TDMS core fees. This assumes you do not have a fixed-term contract. Statements explicitly inform you of upcoming fee changes, detailing the effective date, origin of the change, previous rate, and new rate.

Access up to 24 months of historical PDF statements online through the TD Merchant Insights Online Reporting Tool. The portal lets you view, download, and print monthly merchant statements on demand.

The main dashboard provides an 8-day payment processing overview. It tracks total sales, transaction volume, average transaction value, and refund data. The platform features search functionality for transactions and disputes, filterable by date, amount, and terminal location.

Call TD Merchant Solutions support specialists at 1-800-363-1163 for operational assistance. They are available from 8:00 AM to 8:00 PM ET, Monday through Friday. Technical support operates 24/7. A 4-hour on-site hardware replacement service operates seven days a week between 8:00 AM and 8:00 PM local time in most major centers, excluding Christmas Day.