Exclusive Payment Processing Rates for RC Members

For over 30 years, Chase® Merchant Services has been committed to providing businesses with safe, reliable and secure payment solutions. Restaurants Canada has partnered with Chase Merchant Services offering options to help your business succeed.

Chase Merchant Services has experience delivering solutions for Canada’s businesses and will work with you one-on-one to help:

  • Choose the right payment options for your business
  • Provide innovative solutions unique to your needs
  • 24/7 Bilingual Client Support
  • Online reporting to help monitor and manage your transactions
  • Flexible solutions to accept card payments

 

 

Chase

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Restaurants Canada Preferred Pricing Highlights1

Industry Specific Rates for CDN$ Accounts visa2  mastercard2
VISA Everyday Needs* 1.39%3 1.38%4
Mastercard Everyday Needs 1.39%3 1.38%4
All Other 1.45% 1.44%
*For qualifying merchants as determined by Visa and Mastercard on Qualified Transactions (CAD) only. Other fees apply
 
Additional Fees for CDN$ and US$ Accounts visa2 mastercard2
Assessment Network Fee 0.10% 0.103%
Non-Qualified Transaction Processing Fee 0.27%5
Interchange Differential  Passed through at cost, as set by VISA and Mastercard

  Interac
Per Transaction Fee (Passed through at cost as set by Interac) $0.047 + switch fee

1: Members who wish to obtain payment processing services from Chase® Merchant Services must submit an application. All applications are subject to Chase Merchant Services 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 (RC) will be required. The fees set out above have been specifically negotiated by RC for RC Members’ benefit. Other fees apply, all of which will be set out in the Merchant Agreement. † All such applications are subject to credit approval and entering into a Merchant Agreement with Chase Merchant Services. 2: This Merchant Discount Rate (“MDR”) applies to Canadian transactions that qualify at the Consumer Electronic Interchange Level (“Qualified Transactions”) as set by Visa and Mastercard. Your eligibility for a particular MDR rate is dependent on the nature of your business as determined by Visa and Mastercard. Contact Chase Merchant Services at: 1.800.265.5158 for additional details. 3: This rate is applicable only to merchants categorized by Visa as “Everyday Needs”, such as merchants categorized as “Eating Places, Restaurants, except Express” and “Fast Food Restaurants”. 4: This rate is applicable only to merchants categorized by Mastercard as “Everyday Spend”, such as merchants categorized as “Eating Places, Restaurants, except Express” and “Fast Food Restaurants. 5: For all other Visa and Mastercard transactions (“Non-Qualified Transactions”), you will be charged the MDR, the difference in interchange (if interchange is higher) for processing the Non-Qualified Transaction and the Non-qualified Transaction Processing Fee.higher) for processing the Non-Qualified Transaction and the Non-qualified Transaction Processing Fee. Interac switch fees and rates are subject to change as set out in the Merchant Agreement. Chase, the Octagon logo, are registered trademarks of JPMorgan Chase Bank, N.A.© 2018 JPMorgan Chase & Co. All rights reserved

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Restaurant Canada offers exclusive rates and rebate programs designed to fuel your success and improve your bottom line.

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Questions?

If you have any questions regarding Restaurants Canada's partner programs and membership benefits, please don't hesitate to get in touch with our member services team.

Get in touch via email or call us at 1-800-387-5649.

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