|Industry Specific Rates for CDN$ Accounts|
|VISA Everyday Needs*||1.39%||1.38%|
|Mastercard Everyday Needs||1.39%||1.38%|
|Additional Fees for CDN$ and US$ Accounts|
|Assessment Network Fee||0.10%||0.103%|
|Non-Qualified Transaction Processing Fee||0.27%|
|Interchange Differential||Passed through at cost, as set by VISA and Mastercard|
|Per Transaction Fee (switch fee included)||$0.055|
1. Members who wish to obtain payment processing services from Chase Merchant Services must submit an application. All applications are subject to Chase’s standard approval policies and procedures, including without limitation credit approval and entering into a Merchant Agreement with Chase Merchant Services. Certain conditions apply. Proof of membership status with Restaurants Canada will be required. 2. Your eligibility for a particular Industry Specific Program and Target Qualification Level is dependent on the nature of your business as determined by Visa and MasterCard. The Merchant Discount Rate (“MDR”) applies to transactions that qualify at or below your assigned Target Qualification Level (“Qualified Transactions”). For all other transactions (“Non-Qualified Transactions”), you will be charged the MDR, the Interchange Differential for processing the Non-Qualified Transaction and a Non-Qualified Transaction Processing Fee. ®Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. ®Interac and the Interac logo are registered trade-marks of Interac Inc. Used under license. *Visa is a registered trademark owned by Visa International Service Association and used under license. All fees and rates are subject to change as set out in the Merchant Agreement.Chase and the Octagon logo are registered trademarks of JPMorgan Chase Bank, N.A. © 2018 JPMorgan Chase & Co.
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