Mastercard Convenience Base

Mastercard recognizes a few specific industries that cater to low-dollar value transactions, and offer reduced rates for these “Convenience” transactions.

Mastercard has a special “Convenience” rate program designed for a few specific types of merchants. You must be categorized as a quick-service food establishment, movie theater, taxicab/limousine, or convenience store to gain access to these rates. The intention of this program is to give lower rates to merchants who regularly process many small-ticket sales. These interchange rates have no “per-transaction” fees, which often add up quickly for low-average-ticket merchants!

MC Annual Account Spend interchange


  • Be classified as Fast-Food (MCC 5814), Movie Theater (MCC 7832), Convenience Store (MCC 5499), Taxicab (MCC 4212) or Variety Store (MCC 5331)
  • Magnetic stripe, contactless, or chip data read, or customer initiates a Cardholder Activated Terminal (CAT), obtain customer’s signature.
  • If transaction is under $25 no signature is required
  • Authorize and settle within 1 day
  • Obtain and pass 1 valid electronic authorization.
  • Authorization and settlement MCC must match.
  • $25.00 transaction limit for Taxicabs & Limousines (MCC 4121)
  • Misc. Food Stores (MCC 5499) and Movie Theaters (MCC 7832) can settle within 10% of the authorized amount for transactions over $10.00. Fast Food Restaurants (MCC 5814) and Taxicabs  & Limousines (MCC 4121) are exempt from transaction tolerance.

What are the rates?

Convenience Base – 1.90% + $0.00

Downgrade (for keyed)Merit I, 1.89% + $0.10/txn
Downgrade (any other reason)Standard, 2.95% + $0.10/txn

Enhanced Convenience – 1.90% + $0.00

Downgrade (for keyed): Enhanced Merit I, 2.04% + $0.10/txn
Downgrade (any other reason)Standard, 2.95% + $0.10/txn

World Convenience – 2.00% + $0.00

Downgrade (for keyed): World Merit I, 2.05% + $0.10/txn
Downgrade (any other reason)Standard, 2.95% + $0.10/txn

World Elite Convenience – 2.00% + $0.00

Downgrade (for keyed): World Elite Merit I, 2.50% + $0.10/txn
Downgrade (any other reason)Standard, 3.25% + $0.10/txn

Who’s eligible?

The only businesses who can receive these rates are fast food restaurants, movie theaters, taxis, and convenience stores.

See how interchange works.

Mastercard Consumer
Interchange Rates