Blog February 2nd 2026

How Much Interchange was Paid on Sales Tax in the U.S.?

CMSPI estimates that U.S. merchants paid nearly $11 billion in interchange on sales tax in 2024 alone. Read more to see how the impact differed by state.

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Magall Abajobir

Insights Analyst

Interchange Paid on Sales Tax (2022-2024)

Methodology

Please note: Estimates have been updated for 2024 to reflect the total card fee estimates provided in CMSPI’s State of the Industry Report.

Interchange Estimates

Total interchange fees charged on credit and debit cards have been analyzed using CMSPI estimates and analysis of published credit card interchange fee schedules, publicly available network volume reporting and Federal Reserve data on debit card interchange fees.

Interchange Paid on Sales Tax

Using sales tax data1 and public financial reports from Visa and Mastercard, we have ascertained the total volume through debit and credit cards, which have been split by state by GDP.2

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