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Card processing fees

Why are card-not-present rates higher for restaurants?

Updated · Checked against primary sources

The short answer

Card-not-present payments carry more fraud risk, so card networks charge more interchange. The underlying gap is small: Visa's 2026 restaurant credit interchange is 2.10% card-present versus 2.20% card-not-present. Typical Toast rates show a far wider gap, about 2.49% versus 3.50%, and Toast bills online orders, keyed cards and Toast Pay at the card-not-present rate.

Key takeaways

The gap, side by side

Visa rates are the published interchange floor; Toast rates are typical reported rates, not Toast's rate card.

Card-presentCard-not-presentGap
Visa restaurant credit interchange (traditional)2.10%2.20%0.10 pts
Visa restaurant credit interchange (Signature/Infinite)2.60%2.70%0.10 pts
Typical reported Toast rate2.49% + $0.153.50% + $0.151.01 pts

Frequently asked questions

Is pay-at-table card-present?
At Toast, no for billing purposes: Toast says all Toast Pay transactions are treated as card-not-present under the merchant agreement.

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Go deeper

Terms on this page

Card-not-present (CNP)
A payment where the card is not physically read by a terminal, such as online orders and keyed-in cards. CNP payments carry higher interchange and, on many processors, a higher contracted rate than card-present payments.
Interchange
The fee the card-issuing bank receives on each card payment, set by the card networks (Visa, Mastercard) and varying by card type and how the card was taken. It is the largest part of processing cost and the part no processor can discount.

Sources

  1. Visa USA interchange reimbursement fees (eff. Apr 18, 2026)
  2. Toast Support: Get started with Toast Pay
  3. Toast Support: Credit card processing rate
  4. Merchant Insiders: Toast fees (third-party)

Cite this page

Pavado, “Why are card-not-present rates higher for restaurants?”, https://www.pavadotech.com/restaurants/questions/card-present-vs-card-not-present-rates, updated 2026-09-23.