
The Canadian Chamber of Commerce, TD Merchant Services and First Data have enjoyed a longstanding relationship in offering preferred Visa*, MasterCardâ and Interacâ1 Direct Payment processing rates to members of local chambers of commerce across Canada. Together, we are able to provide members a comprehensive offer1, regardless of their annual card sales volumes, to support their requirements for payment card processing.We have always strived to deliver a program which provides chamber members with a competitive member benefit. We have kept this in mind as we take the program to its next level and are pleased to announce an improved program with added benefits for our members and your members.Effective December 1, 2007, TD Merchant Services and First Data will launch a new offer to all chamber members. The following details the offer available to new and existing members: ü 1.69% Visa Merchant Discount Rate2 (reduced from 1.75%).ü 1.79% MasterCard Merchant Discount Rate3 (reduced from 1.89%).ü $0.09 Interac Direct Payment Transaction Fee (reduced from $0.10).ü 1.99% Visa Corporate, Commercial and Business Card Transaction Fee4.ü Free upgrade to our newest Freedom IV terminal5 which has the ability to process transactions faster through a secure high-speed internet connection (where applicable), resulting in communication cost savings and an improved checkout experience.ü Free on-site terminal installation and training.ü Deposits to your TD Canada Trust account are not treated as chargeable transactions on your account and you receive your funds as early as the next business day. Deposits to your account at another financial institution are charged a monthly fee and are deposited generally within 2 -3 business days. |