|Industry Specific Rates for CDN$ Accounts|
|VISA Everyday Needs*||1.23%3||0.92%4|
|Mastercard Everyday Needs||1.23%3||0.92%4|
|Additional Fees for CDN$ and US$ Accounts|
|Assessment Network Fee||0.1113%||0.1030%|
|Non-Qualified Transaction Processing Fee||0.27%5|
|Interchange Differential||Passed through at cost, as set by VISA and Mastercard|
|Per Transaction Fee (Passed through at cost as set by Interac)||$0.047 + switch fee|
1: Businesses 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. Proof of membership status with Restaurants Canada will be required. 2: Your eligibility for a particular Payment Brand Interchange Program is dependent on the nature of your business as determined by Visa and Mastercard. If you are eligible for a specific Interchange Program, your Target Qualification Level will be set at the particular Interchange Program. 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 (equal to the difference between the Interchange fee associated with your Target Qualification Level and the Interchange fee for the Interchange level at which the NonQualified Transaction was actually processed) and the Non-Qualified Transaction Processing Fee set out above and on your Pricing Schedule. ®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 Inc. Used under license. *Visa is a registered trademark owned by Visa International Service Association and used under license. Chase and the Octagon logo are registered trademarks of JPMorgan Chase Bank, N.A. © 2020 JPMorgan Chase & Co.
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