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AgdaPkt 2008-02-11 Clsd and Reg
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AgdaPkt 2008-02-11 Clsd and Reg
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Last modified
12/11/2008 4:45:43 PM
Creation date
2/7/2008 4:05:16 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Redevelopment Agency
Date
2/11/2008
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<br /> <br />6.18 <br />Page 3 <br /> <br />Wells Fargo Merchant Services -Pricing Terms (Schedule A) <br /> <br />State of California <br />Redwood City <br /> <br />VISA/MASTERCARD PROCESSING OFFER <br /> <br />,AVffTiCk~r <br />.S1,OO{'jJ;iOanifUp <br />$500:00 ';';$~.OO <br />. '.'$~OO;l:IQ;$4~~,QP <br /> <br />. .. MCMsaDi$c6unfRate <br />0:19% <br />0.20% <br />O;~1% <br /> <br /> <br />.$$~OO~$99~OO 0;27% <br />$3ll;OO~;$49~OOO,34% <br />$2i}jlO:';$~9;OOO.43% <br />" ,: $1(}!OO~$19.00 . 0:59% <br />p$S:OO~$9;(101.24% . . <br />WFMS Front End (Cardne!, Nashville, Wellservice, FDR) <br />See attached schedules (or pass through rates and assessments. <br /> <br />Assumotions <br />Credit Card Volume (Gross) $7,673,722.00 <br />Averaae Ticket Size $114.35 <br />Due to Ticket Size, Rate will be 0.23% <br />Number of Locations 8 <br />Qualification Proaram (Indicator) RETAIL Plan Codes 9/23 <br />Communication Method DIAL <br />Prlclno Method IC PLUS <br />Proposal Dale Februarv 1, 2008 <br /> <br />DebIt Card Transaction Fees <br />Per Transaction <br /> <br /> <br />Other Bankcard Proc8ssinf1 Fees <br />Set-Up Fees WAIVED <br />Monthlv Minimum orocessino Fee WAIVED <br />Charoebac~Re~aIFee WAIVED <br />Monthlv Statement Fee (oar location) WAIVED <br />Voice Authorization Fee WAIVED <br />Annual Fee WAIVED <br />AuthorizationlEDC Fee - Visa WAIVED <br />Authorization/EOC Fee - MasterCard WAIVED <br />Electronic Address Verification Service Fee WAIVED <br />Voice (Manual) Address Verification Fee WAIVED <br />Foreian Handline Fee (on VIsa/Me foreign card transactions) 0.10% on forelan card sales <br />MasterCard Cross Border Fee 0,10% oar Non-US issued MC Transaction settled in US$ <br />MasterCard Cross Border Fee 0.20% per Non-US Issued MC transaction settled in non-US$ <br /> <br /> <br />1/2212008. Page 1 of 3 <br /> <br />Merchant Initials <br />
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