Chase Merchant Services
RCC Members can save on payment processing for Interac, VISA and MasterCard credit transactions as well as discounted set-up and equipment fees and access to the latest technology.
For over 30 years, Chase® Merchant Services has been committed to providing businesses with safe, reliable and secure payment solutions.
Chase Merchant Services has experience delivering solutions for
Canada’s businesses and will work with you one-on-one to help:
- Choose competitive options for your business
- Understand the costs associated with payment processing
- Provide innovative solutions unique to your needs
Get a complimentary account review to see if Chase can improve your bottom line.
Select fees and rates for RCC members1
Merchant Discount Rates2
| Industry Specific Rates for CDN $ Accounts** |  Visa² |  Mastercard² |
|---|---|---|
| General Retail** | 1.2696% | 0.9396% |
| Visa* Everyday Needs | 1.2196% | |
| Grocery | 1.0196% | |
| Petroleum | 1.0896% |
 Interac | |
|---|---|
| Per Transaction Fee | $0.044502 + Switch Fee Switch Fee passed through at cost as set by Interac® |
 Chase Merchant Services | |
|---|---|
| Monthly Admin Fee | $4.95 |
| Additional Fees for CDN $ Accounts | Visa² | Mastercard² |
|---|---|---|
| Non-Qualified Transaction Processing Fee | 0.31% | |
| Interchange Differential | Passed through at cost as set by Visa, Mastercard | |
| Assessment Fee | 0.09% | 0.08% |
| Connectivity Fee | N/A | USD $0.0045 per authorized and settled transaction |
** Qualified Transactions (CAD) only as defined. Other fees apply. All fees and rates are subject to change as set out in the Merchant Agreement.
How Do You Accept Payments?
Whether you accept payments online, in store, or on-the-go, Chase Merchant Services has a solution that works for you.
Chase also offer options for businesses to integrate payments with a POS software, accept online payments through a website or shopping cart, and use data encryption technologies for fraud prevention.
To sign up or take advantage of our exclusive member rates, please contact RCC at info@retailcouncil.org or 1-888-373-8245.
1: Members who wish to obtain payment processing services from Chase Merchant Services must submit an application. All fees and rates are subject to change as set out in the Merchant Agreement. 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 the Retail Council of Canada (RCC) 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. Chase and the Octagon logo are registered trademarks of JPMorgan Chase Bank, N.A. Chase is a marketing name for the Wholesale Payments businesses of JPMorgan Chase Bank, N.A. and its affiliates worldwide. ©2021 JPMorgan Chase & Co. All rights reserved.
