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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 /> Exhibit A-Wells Fargo Merchant Services, L.L.C.-(WFMS Pricing Terms) 6.1.D. - Page 11 <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 $71 <br /> Number of Locations 9 <br /> Anticipated Interchange Levels Internet: 020 089/077 <br /> Public Sector: 032 020/038 <br /> Retail: 001 009/023 <br /> MCC Code 7523/9399 <br /> MCC Description AUTOMOBILE PARKING LOTS/GOVERNMENT SERVICES,NOT ELSEWHERE <br /> Communications Method Dial <br /> Gateway Internet Services Not Elected <br /> Pricing Option Interchange+Assessments+Rate <br /> Other Processing Fees Continued <br /> Non Bank Card Authorization' <br /> Applies only to American Express(ESA/EDC), Discover EDC(Discover EDC not <br /> applicable on Discover Network Card Sales)-------------------------------------------------------------------------------------$------------------0 08 per attempt------------------------- <br /> --------------------------- - - - <br /> Non Bank Card Capture Fee' <br /> Applies only to American Express(ESA/EDC),American Express-split dial, Discover EDC <br /> (Discover EDC not applicable on Discover Network Card Sales) $ = per attempt <br /> Terminal Reprogrammin�Fee(Terminal) Applies to Customer Owned Terminals Only $ 75 00 per unit <br /> --------- --------------- <br /> Terminal Reprogramming Fee-Integrated Terminal-Applies to Customer Owned Integrated Terminals <br /> Only $ 150.00__per_unit <br /> Securit Swa Fee for PIN Debit-Ap lies to Customer Owned PIN Pads Onl $ 75.00 per unit <br /> -----------Y-------p--------------------------------p-------------------------------------------------------Y----------------------------------------------------------------------------------------------------------- <br /> Card Imprinter Option------------------------------------------------------------------------------------------------------------------------------no imprinter------------------------------------------- <br /> Rush Shi in O tion N/A <br /> American Express Pass-Through Fees 9 <br /> IndustrY...T.YP.e------------------------------------------------------------------------------------------------------------------------------------------------------N/A <br /> ---------- ----------------------------------------------- <br /> on Gross American Express <br /> American Express Discount Rate116" N/A sales <br /> -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- <br /> American Express Transaction Fee(Fee to be applied_by American Expressjs___________________________________________________________N/A per_transaction____________________ <br /> American Express Monthly Processing Fee(per location)12 N/A per month <br /> - ----------------- - -- - -- --------- --------- --------- --------- --------- --------- - --------- --------------- <br /> American Ex ress CAPN Non-Com liance Transaction Fee if a licable N/A er transaction <br /> 1)The Credit Card Processing Fees will apply to American Express OnePoint Clients that are priced using the Interchange+Assessments+ <br /> Authorizations; Interchange+Assessments+Rate+Authorizations;Interchange+Assessments+Authorizations+Debit(PIN and Non-PIN); <br /> and Interchange+Assessments+Rate+Authorizations+Debit(PIN and Non-PIN)pricing methods. "Discover Network Cards"as used herein <br /> refers to the authorization,processing and settlement of Discover Network Cards. "Discover EDC"as used herein refers to the use of our services <br /> for authorization and/or capture of Discover Network Cards only. <br /> 2)Client acknowledges and understands that an authorization only indicates the availability of the Cardholder's credit at the time the authorization <br /> is requested. It does not warrant that the person presenting the card is the rightful Cardholder,nor is it an unconditional promise or guarantee <br /> that Client will not be subject to a chargeback or debit. <br /> 3)Authorization/EDC Fee applies to all Visa, MasterCard, Discover Network Card and American Express OnePoint approval(pre-authorizations, <br /> authorizations and authorization reversals),denials,batch inquiries,batch entry transactions and includes any transaction fees and capture fees. <br /> 5)The Annual Compliance Support Fee will be assessed and deducted from ClienYs Settlement Account at each anniversary date after the <br /> effective date. <br /> 6)Discover Authorization/EDC Fee applies to Clients that process transactions using Discover Network Cards. <br /> 7)Non Bank Card Authorization and/or Capture Fee applies to those merchants that process transactions using American Express(ESA/EDC), <br /> American Express-split dial and Discover EDC. <br /> 8)The monthly Statement Billing Fee can be waived if Client elects to access the monthly statement online instead of receiving a paper copy <br /> by mail. Please visit myclientline.net to enroll. After ClientLine has been activated,please contact Customer Service at 1-800-451-5817 to <br /> request that paper statements no longer be mailed. If ClientLine access is terminated by Client or as a result of inactivity,paper statements <br /> will be reinstated with the applicable monthly Statement Billing Fee. <br /> 9)American Express Processing Fees are listed separately in the American Express Pass-Through Fees table and will be <br /> billed as separate line items. These fees are defined according to American Express criteria as set by industry type(MCC). Changes to the <br /> American Express Discount Rate are at the discretion of American Express,including changes to industry type criteria based on MCC. <br /> "American Express OnePoinY'refers to the authorization,processing and settlement of American Express Cards. "American Express(ESA/EDC) <br /> and Split Dial"refer to the use of our services for authorization and/or capture of American Express Cards only. <br /> 10)American Express OnePoint Authorization/EDC Fee applies to Clients that process transactions using American Express OnePoint. <br /> 11)Retail and Restaurant Clients processing under the American Express OnePoint Program or the American Express ESA Program will be charged <br /> a 0.30°/o downgrade fee whenever a Card Not Present transaction occurs. <br /> Merchant Initials <br /> WFB 1405 <br /> 11/1/2012;9:49 AM Page 2 of 4 Exhibit A merchant services 2012 <br />
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