Interac e-Transfer® Fee Calculator 2026
Calculate flat transaction costs for Interac e-Transfer for Business, Request Money, and Interac Debit in Canadian Dollars (CAD $). See real-time savings versus Stripe and PayPal credit card fees.
Stripe card processing charges $29.30 vs Interac $1.00.
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Pass Fee to Client (Legal Surcharge Engine) Calculate zero-shortfall compliant markup & legal surcharge limits
• United States: Visa & Mastercard cap credit card surcharges at 3.00% (effective April 2023). Surcharging debit or prepaid cards is strictly illegal under federal operating rules.
• UK & European Union: Surcharging consumer debit and credit cards is prohibited under PSD2. B2B / corporate card surcharges remain permitted.
• Australia: Governed by RBA; surcharging is legally restricted strictly to the merchant's actual cost of card acceptance.
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Interac e-Transfer vs Stripe Canada Fee Benchmark
Direct comparison on standard CAD transactions (Interac flat $1.00 vs Stripe 2.9% + $0.30 CAD).
| Invoice Amount | Interac e-Transfer Fee | Stripe Card Fee (2.9%+$0.30) | Your Net Savings | Fee Reduction |
|---|---|---|---|---|
| $100 CAD | $1.00 CAD | $3.20 CAD | +$2.20 CAD | 68.8% |
| $250 CAD | $1.00 CAD | $7.55 CAD | +$6.55 CAD | 86.8% |
| $500 CAD | $1.00 CAD | $14.80 CAD | +$13.80 CAD | 93.2% |
| $1,000 CAD | $1.00 CAD | $29.30 CAD | +$28.30 CAD | 96.6% |
| $2,500 CAD | $1.00 CAD | $72.80 CAD | +$71.80 CAD | 98.6% |
| $5,000 CAD | $1.00 CAD | $145.30 CAD | +$144.30 CAD | 99.3% |
| $10,000 CAD | $1.00 CAD | $290.30 CAD | +$289.30 CAD | 99.7% |
Frequently Asked Questions: Interac e-Transfer Fees Canada (2026)
Detailed financial documentation, CRA compliance, and fee optimization for Canadian businesses.
What are Interac e-Transfer® business and merchant fees in Canada for 2026? ↓
Interac e-Transfer for business operates primarily on flat per-transaction fees rather than percentage-based merchant discount rates. Depending on your Canadian financial institution (RBC, TD, Scotiabank, BMO, CIBC, Desjardins), business e-Transfer fees typically range from $0.50 to $1.50 CAD flat per received or sent transaction. Standard consumer Request Money transfers cost approximately $0.50 CAD flat, while Interac Debit in-app / POS interchange operates at around 0.10% + $0.05 CAD.
Why is Interac e-Transfer much cheaper than Stripe or PayPal in Canada? ↓
While Stripe Canada (2.90% + $0.30 CAD) and PayPal Canada (2.90% + fixed) charge high percentage cuts on every invoice, Interac e-Transfer is a direct interbank debit network operated by Interac Corp. On a $5,000 CAD invoice, Stripe deducts $145.30 CAD in processing fees, whereas Interac e-Transfer charges only a flat $1.00 CAD fee, saving Canadian freelancers and businesses $144.30 CAD (a 99.3% cost reduction).
How does Interac e-Transfer Autodeposit work for Canadian businesses? ↓
Autodeposit links your business email address or mobile number directly to your Canadian commercial bank account. When a customer sends funds or fulfills an Interac Request Money notice, the funds bypass security question requirements and deposit immediately into your bank account within seconds, eliminating deposit delays and fraud risks.
What are the daily and monthly transaction limits for Interac e-Transfer in Canada? ↓
Limits vary by Canadian bank and account type. Standard consumer accounts typically have a $3,000 to $5,000 CAD limit per 24-hour window and $10,000 to $20,000 CAD per month. However, Interac e-Transfer for Business accounts with enhanced corporate verification support higher single transaction limits up to $25,000 CAD.
How does GST/HST apply to Interac transactions in Canada? ↓
Financial intermediary fees in Canada are classified as exempt financial services under the Excise Tax Act, meaning Interac processing fees are not subject to GST/HST. However, businesses billing clients in Canada must calculate and remit provincial sales tax (GST 5%, HST 13-15%, or QST 9.975%) on the underlying taxable goods and services billed.
Can international clients send money via Interac e-Transfer? ↓
No. Interac e-Transfer operates exclusively within the Canadian banking system and requires both sender and receiver to hold accounts at participating Canadian financial institutions. For international clients, Canadian merchants typically route transactions through Stripe, Wise, or PayPal.
How does Interac Request Money work for contractor and freelance invoicing? ↓
Interac Request Money allows businesses to send an electronic payment request with invoice reference details directly to a client's email or phone number. The client clicks the notification, logs into their Canadian online banking app, and approves the transfer. Funds settle instantly with zero chargeback risk.
Are Interac e-Transfer payments reversible or subject to chargebacks? ↓
Unlike credit card payments which can be disputed via chargebacks months after delivery, completed Interac e-Transfer transactions are final and non-reversible once deposited. This eliminates fraud chargeback fees and payment clawback risks for Canadian merchants.