TD Merchant Solutions Interchange Plus Review 2026: Actual CA Rates

Across 15 TD Merchant Solutions statements we analyzed, Canadian merchants paid a blended effective rate of 1.87%. This baseline reflects real-world processing costs on TD's interchange-plus pricing structure rather than promotional marketing rates. Interchange-plus pricing separates wholesale network fees from the processor markup. You get full visibility into your statement charges. Our data shows exactly how this model performs across varying transaction types and card mixes, helping you achieve parity between advertised fees and your actual costs.

TD passes wholesale interchange costs directly through to merchants. Your actual processing fees fluctuate based on the exact card type presented at checkout. On low-cost transactions like the Visa Consumer Electronic card for small merchants, the wholesale interchange rate is 0.77%. Premium reward cards like the Visa Infinite Privilege card for card-not-present small merchants carry a wholesale interchange rate of 2.3%. The card brand wholesale rate flows directly to your merchant statement alongside TD's markup. You benefit from lower wholesale tiers when processing standard consumer cards. You should learn how to read your TD Merchant Solutions statement to spot higher interchange fees from card-not-present transactions and premium rewards.

High Interac debit volume significantly reduces your total cost. Canada's debit network operates on a flat per-transaction fee structure rather than high percentage fees. In our analysis of 15 merchant statements, businesses with substantial debit volume consistently pulled their overall cost down. Flat-fee debit transactions offset the higher percentage costs of premium credit cards. This balance explains why the overall blended effective rate across our dataset settled at 1.87%. Before committing, you should compare TD Merchant Services vs Moneris pricing to see how small merchants handle these contract structures.

TD's interchange-plus model suits Canadian businesses processing significant debit or standard credit transactions. The 1.87% blended effective rate proves that merchants with predictable in-person card volume achieve cost efficiency through direct wholesale pass-through. You must evaluate your specific transaction mix against wholesale interchange schedules. If you run a dining establishment, compare TD Merchant Solutions vs Square Canada for restaurants to weigh these observed 1.87% rates against specific hardware trade-offs. Businesses that accept basic consumer cards and Interac debit gain a massive advantage from transparent pass-through structures compared to bundled flat-rate pricing.