On 17 October 2025, Mastercard will introduce the Consumer World Select, and modify the Consumer Elite interchange rates shown below.
Table 1 – New Mastercard World select Interchange Rates
Program Type |
Category |
Rate |
Electronic, Standard, Merchant UCAF, Full UCAF, MPQR |
Charities |
0.000% |
Emerging Markets |
0.776% |
|
Fuel |
0.832% |
|
Public Sector Life Insurance |
0.555% |
|
Purchase of Foreign Currency |
1.109% or 110.92 INR (whichever is lower) |
|
Small Merchant |
0.776% |
|
All Others |
2.341% |
|
Transportation |
0.555% (For transaction size equal to or less than 2,000 INR) or 0.776% (For transaction size greater than 2,000 INR) |
|
Emerging Markets 2 |
1.220% |
|
Education |
0.776% |
|
Insurance |
0.998% |
Table 2 – Modified Mastercard Consumer Elite Interchange Rates
Transaction Type |
Category |
Current Rate |
New Rate |
Electronic, Standard, Merchant UCAF, Full UCAF, MPQR |
All others |
2.241% |
2.441% |
Published 15 September 2025 | P2025.1053