You have left Costco's site and are now subject to the privacy policy of the company that hosts this site. Review privacy policy.

Apply Now

Your Industry

  • Overview

    Offer your customers fast, secure and seamless payments with our specialized solutions for every industry.

  • Retail

    Drive growth and customer loyalty with consistently positive payment experiences in-store and online.

  • Restaurants

    Deliver smart and flexible payment experiences with our solutions for all businesses in the restaurant industry, from QSR to fine dining.

  • Professional and Specialty Services

    Securely accept customer payments for your clients or patients in-person, online or on-the-go to ensure predictable cashflow.

  • Travel and Hospitality

    Handle the complexity of travel bookings with our secure solutions for everything from check-ins and check-outs to operations management.

Payment industry

Payment Solutions

Solutions

Special Offers

FAQs

Canada Site
FR
Canada Site
FR
alt

Sales

Monday - Friday

9:00 AM - 8:00 PM EST

1-866-325-3281

alt

Customer Service

Available 24/7

1-866-508-5856

Let our team help you choose the payment solution that is best for you.

*Required fields

Form Ends
alt

Thank you for your submission!

Thank you for getting in touch. We will be in contact with you within 48 hours.

Close

alt

Sales

Monday - Friday

9:00 AM - 8:00 PM EST

1-866-325-3281

alt

Customer Service

Available 24/7

1-866-508-5856

Form Ends
alt

Sales

Monday - Friday

9:00 AM - 8:00 PM EST

1-866-325-3281

alt

Customer Service

Available 24/7

1-866-508-5856

Form Ends
phone icon
866-325-3281

Sales Monday-Friday

phone icon
866-508-5856

Customer Service 24/7

Start Taking Payments phone icon 866-325-3281

The Department of Finance Canada introduced new agreements with Visa and Mastercard to lower Interchange costs as part of a commitment to lower credit card transactions fees for small businesses.

Whether you are a small business that is new to Elavon or one of the many small businesses that are currently processing payments with us, we are passing these savings on to you!

What does this mean for me?

Regardless of the quantity or value of transactions your business processes each month, when you choose Elavon for your business’s payment processing needs, you will always receive our best in class rates. And as a Costco member, you receive even more exclusive, competitive rates.

Below are our rates for retail transactions and how they measure up against some of our competition.*

Small Businesses with annual Visa sales volume below $300,000 or annual Mastercard sales volume below $175,000.

 

Small Business Qualified

Costco members: 1.10%

Competitor: 2.50%*

Savings: 1.40%

Small Business Reward Card

Costco members: 1.85%

Competitor: 2.50*%

Savings: 0.65%

Small Business Commercial

Costco members: 2.07%

Competitor: 3.40%*

Savings: 1.33%

Small Business Super Premium

Costco members: 2.8%

Competitor: 3.40%*

Savings: 0.60%

 

Businesses with annual Visa sales volume greater than $300,000 and/or annual Mastercard sales volume greater than $175,000

 

Qualified

Costco members: 1.45%

Competitor: 2.50%*

Savings: 1.05%

Reward Card

Costco members: 1.99%

Competitor: 2.50%*

Savings: 0.51%

Commercial

Costco members: 2.07%

Competitor: 3.40%*

Savings: 1.33%

Super Premium

Costco members: 2.8%

Competitor: 3.40%*

Savings: 0.60%

Credit Card Chip Supported by Elavon's Chip Card Acceptance

What is Interchange?

When a customer uses a credit or debit card to make a purchase, your business is charged a transaction fee, collected for your customer's card issuer. A portion of this transaction fee - often a percentage of the transaction amount, plus a fixed fee - is the interchange fee. Interchange rates and fees for acceptance are set by the Card Brand Networks - Visa, Mastercard, Discover, and American Express – and they are updated annually in April and October.

 

We offer exceptionally low payment processing rates and your Costco membership opens you up to more exclusive rates. 

 

Contact us today to learn how you can take advantage of these great payment processing rates.

Terms and Conditions

*Rates listed are for qualified card transactions versus a leading competitor’s rates. Additional rate tiers and costs apply to non-qualified transactions. Actual savings will depend on business type, card type, and manner of card acceptance and volume of transactions. Rates and fees may change without notice. These rates are for Canadian Costco members only. Other conditions may apply. For more information, please call 1-844-619-0990

Copyright © Elavon Canada Company. All rights reserved. Elavon is a trademark in the United States and/or other countries. All rights reserved. All features and specifications are subject to change without notice. This document is prepared by Elavon as a service for its customers. The information discussed is general in nature and may not apply to your specific situation.

® Registered trademark of Price Costco International, Inc. used under license.