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AgdaPkt 2013-02-11
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AgdaPkt 2013-02-11
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Last modified
2/12/2013 9:00:23 AM
Creation date
2/7/2013 3:10:14 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency
Date
2/11/2013
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Exhibit A <br /> 6.1.D. - Page 10 Exhibit A-Wells Fargo Merchant Services, L.L.C.-(WFMS Pricing Terms) <br /> CITY OF REDWOOD CITY/172211021990 <br /> Proposal Date: 09/14/12 <br /> Relationship Manager: Karen Anderson <br /> Assumptions <br /> Credit Card Volume $11,824,230 <br /> Average Transaction Size $71 <br /> Number of Locations 9 <br /> Anticipated Interchange Levels Internet: 020 089/077 <br /> Public Sector: 032 020/038 <br /> Retail: 001 009/023 <br /> MCC Code 7523/9399 <br /> MCC Description AUTOMOBILE PARKING LOTS/GOVERNMENT SERVICES,NOT ELSEWHERE <br /> Communications Method Dial <br /> Gateway Internet Services Not Elected <br /> Pricing Option Interchange+Assessments+Rate <br /> Credit Card Processing Fees ' <br /> Interchange Plus the Following Fees: <br /> 0.135% On Gross VisaO,MasterCardO and Discover0 Network Card Sales <br /> PIN Debit&Electronic Benefits Transfer(EBT)Processing Fees <br /> $0.08 per PIN Debit Transaction(applies to completed and declined transactions) <br /> EBT NOT ENTITLED <br /> Applicable PIN Debit Network,Switch,Service and Administrative fees are passed through on all PIN Debit transactions(completed ar <br /> declined). Applicable PIN Debit Network Interchange fees are passed through on completed PIN Debit transactions only. <br /> American Express0-See table below for American Express Pass-Through Fees and footnote 1 for any applicable Credit Card Processing Fees <br /> Applicable Fee Schedules: 's <br /> Payment Networks Qualification Matrix https://www.wellsfargo.com/biz/creditinterchangeplus <br /> Payment Networks Pass-Through Fees https://www.wellsfargo.com/biz/merchantpassthroughfees <br /> VisaO Fixed Acquirer Network Fee Schedule https://www.wellsfargo.com/visanetworkfee <br /> PIN Debit Networks Fee Schedule(if applicable) https://www.wellsfargo.com/biz/merchantdebitFees <br /> If you do not have internet access,please contact your Merchant Card Representative and request that a copy of the <br /> applicable fee schedule be mailed or faxed to you. <br /> Other Processing Fees <br /> Set-Up Fee $ - one time fee <br /> Monthl Minimum Processin Fee14 $ _ per month <br /> ----------y-----------------------------�-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- <br /> Chargeback_Fee? $ per_char�eback <br /> -- -- <br /> Monthly Internet Service Fee(per location)---------------------------------------------------------------------------------------$----------------31_00 per month--------------------------- <br /> Statement Billing Fee�Paper Statement)8------------------------------------------------------------------------------------------$---------- - per month <br /> ------- - ----------------------------- <br /> ACHReject Fee----------------------------------------------------------------------------------------------------------------------------$----------------10 00 per re�ect---------------------------- <br /> Voice Authorization Fee------------------------------------------------------------------------------------------------------------------$----------------- --- ---per attempt------------------------- <br /> --------------------------------- - - - - <br /> Annual Fee $ - per location <br /> -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- <br /> Authorization/EDC Fee-Visa Credit and Non-PIN Debit 3 $ = per attem t <br /> -------------------------------------------�-----------------------------------�- p-------------------------- <br /> Authorization/EDC Fee-MasterCardO Credit and Non-PIN Debit 3 $ er attem t <br /> - ------------------------------------------------------�------------------------------------�---------------------------------------------------------------------------------p------------p-------------------------- <br /> Authorization/EDC Fee-Discover0 Network Card(Credit and Non-PIN Debit�s $ - per attempt <br /> - ----------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------------- --------------------------- <br /> Authorization/EDC Fee=American Express OnePoint O(Credit)3_10 N/A per attempt <br /> Interchange Clearing Feejg <br /> Applies_to Visa,MasterCard,_Discover Network_Card_�Credit and Non-PIN_Debit)________________________________________________________N/A on_gross sales_volume__________ <br /> Electronic Address Verification Service Fee---------------------------------------------------------------------------------------$------------------ er attem-t------------------------- <br /> - ---------------------------------------------------- - -----p-- -p <br /> Voice Manual Address Verification Fee------------------------------------------------------------------------------------------$------------------2 00 per attempt------------------------- <br /> - --------�----------�---------------------------------- - <br /> Annual Compliance Support Fees $ - per location <br /> -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- <br /> PCICompliance Service Program Fee13--------------------------------------------------------------------------------------------$------------------ er month, er location <br /> -----p-- - ---�- - ----------- <br /> Non_validation PCI Compliance Fee13 $ 25 00 per month,per location <br /> ------------------------------------------------------------------------------------------------ o ----------- <br /> Forei n Handlin Fee(on Visa/MasterCard foreign card transactions) 0.10/o on foreign card sales <br /> Merchant Initials <br /> WFB 1405 <br /> 11/1/2012;9:49 AM Page 1 of 4 Exhibit A merchant services 2012 <br />
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