How to Read a Moneris Interchange Pass-Through Statement in 2026

To read a Moneris pass-through statement, you must examine three distinct components on your Monthly Statement report. Moneris calls its pass-through structure Simplified Pricing. Across the statements we analyzed, this model breaks down card processing charges into interchange rates, network assessment fees, and a processor markup.

The first line item consists of Interchange & Wholesale Discount Fees, which represent the base transaction costs paid directly to the cardholder's issuing bank. The second line item covers Assessment & Other Card Fees, detailing the brand-specific processing charges paid to networks like Visa and Mastercard. A sample $100 transaction includes a 1.62% interchange rate and a 0.10% assessment fee passed through at cost.

The third line item is the Moneris transaction fee, currently a 0.4% markup on card volume. Moneris states this fee covers clearing, settlement, reporting, and customer service. Isolating these three charges gives you a precise accounting of your monthly processing costs.

You will find your Effective Merchant Discount Rate (eMDR) prominently displayed on your Monthly Statement report. This single metric summarizes your total payment processing costs into one percentage. Locating your eMDR lets you assess the real financial impact of processing cards without getting lost in itemized pass-through rows.

The eMDR calculates the monthly average cost of card acceptance across all transactions. While Moneris advertises a 0.4% transaction fee markup, that figure only represents processor margin. The eMDR reveals your true bottom line by factoring in network assessments and variable interchange rates.

Track your eMDR month over month to monitor how shifting payment methods impact your expenses. If your customers switch to premium rewards cards, your eMDR climbs even as the 0.4% markup holds steady. This metric establishes the baseline you need to ensure rate parity between your advertised processing costs and actual expenses.

Moneris Simplified Pricing applies a percentage-based markup to debit transactions. This makes it significantly more expensive for standard in-person Canadian merchants than the flat per-transaction debit pricing on Moneris Flat Rate plans. Simplified Pricing treats debit like credit, applying a 0.4% markup on top of network interchange. In contrast, Moneris Flat Rate Pricing charges a published flat per-transaction debit fee of CA$0.12 for card-present transactions and CA$1 for online card-not-present sales.

Consider a card-present merchant processing CA$10,000/month across 200 transactions with a CA$50 average sale (60% credit and 40% debit). Moneris Flat Rate Pricing costs CA$180.60/month or CA$2,167.20/year, representing a 1.81% all-in effective rate. On Simplified Pricing for card-present sales, the same merchant pays CA$194/month or CA$2,328/year, representing a 1.94% effective rate based on a 1.54% average credit interchange plus the 0.4% markup. Online, Flat Rate Pricing costs CA$287/month or CA$3,444/year (2.87% effective rate), creating a CA$1,276.80/year spread between the cheapest and most expensive configurations.

At CA$25,000/month across 500 transactions with the same CA$50 average and 60/40 mix, card-present Flat Rate Pricing costs CA$451.50/month or CA$5,418/year (1.81% effective rate). The card-present Simplified Pricing plan costs CA$485/month or CA$5,820/year (1.94% effective rate). Online Flat Rate Pricing jumps to CA$717.50/month or CA$8,610/year (2.87% effective rate), generating a CA$3,192/year spread. Because card-present Flat Rate Pricing carries a 1.81% marginal all-in rate versus 1.94% on Simplified Pricing with no extra fixed monthly costs, flat-rate pricing strictly beats Simplified Pricing for this transaction mix at every volume.

You can decode monthly cost fluctuations by analyzing the Interchange & Wholesale Discount Fees section of your statement, which itemizes charges by card type and fee program. Under pass-through pricing, the exact rate depends entirely on the card brand and tier presented by the customer. This section exposes exactly why processing fees vary even when total monthly volume stays flat.

Canada's interchange schedule features wide fee disparities based on card category. Visa's published tables include lower rates like Visa Consumer Electronic Small Merchant at 0.77%. But if a customer pays with a premium credit card, rates jump sharply. Visa Infinite Privilege CNP Small Merchant, for instance, hits 2.3%.

Because Moneris passes these wholesale discount fees directly to you, your total monthly cost shifts with your customers' wallets. High premium reward card usage pushes your expenses up, while basic consumer cards keep costs down. Review this section regularly to verify Moneris applied the correct qualifying interchange category to each transaction.

Moneris retains historical processing data on its platform for 7 years, organized by calendar month. This multi-year archive provides the necessary records for accounting, reporting, and regulatory audits. Long-term data accessibility allows you to conduct thorough financial reviews without relying on paper statements.

You can export the Monthly Statement report in full as a PDF or export individual reporting sections as CSV files. Downloading CSV spreadsheets enables you to audit specific ledger items. You can track chargebacks, disputed transaction debits, and account adjustments made to resolve billing discrepancies.

Use these export features to run year-over-year eMDR analyses across historical calendar months. Comparing performance over extended periods highlights seasonal fee trends and verifies billing adjustments. If you suspect you are overpaying, exporting this data is the first step toward comparing your rates against competing processors.