1. Merchant Service Fee (MSF)
The Merchant Service Fee that will apply to each domestic Visa and Mastercard Transaction processed is made up of two components being (1) Margin and (2) Domestic Interchange (as specified below).
The Merchant Service Fee that will apply to each international Visa and Mastercard Transaction (including Transactions processed using Customer Preferred Currency) and UnionPay International Transaction processed is made up of two components being (1) Margin and (2) International Rate/UnionPay Rate (depending on the card type) (as specified below).
The Margin that will apply to each Transaction processed, in addition to any Domestic Interchange/International Rates/UnionPay Rates (as relevant) and costs, will be as specified in your merchant agreement with ANZ.
For Domestic Visa and Mastercard transactions, the interchange rates which will apply to Transactions are usually the rates which ANZ itself is charged under the domestic Visa and Mastercard card schemes. The Reserve Bank of Australia requires Visa and Mastercard to publish these rates, and they are currently published at:
These interchange rates are subject to regular change by Visa and Mastercard.
For International transactions, including Visa, Mastercard, Customer Preferred Currency and UnionPay International (where applicable), ANZ will apply an interchange rate (depending on the transaction type) which is set by ANZ. These rates are subject to change.
For the current International Rates and UnionPay Rates please refer to the below:
2. Debit Card Fee (DCF)
ANZ will calculate your debit fee using a single agreed rate for all Transactions processed via the domestic eftpos network provided by eftpos Payments Australia Limited.
The information provided above is general only. Final fees, charges and rates are based on a number of factors and depend on your individual situation and will be specified in your merchant agreement with ANZ.