AgdaPkt 2013-02-11 - Laserfiche WebLink

Browse Search

Exhibit A 6.1.D. - Page 12 Exhibit A-Wells Fargo Merchant Services, L.L.C.-(WFMS Pricing Terms) CITY OF REDWOOD CITY/172211021990 Proposal Date: 09/14/12 Relationship Manager: Karen Anderson Assumptions Credit Card Volume $11,824,230 Average Transaction Size $71 Number of Locations 9 Anticipated Interchange Levels Internet: 020 089/077 Public Sector: 032 020/038 Retail: 001 009/023 MCC Code 7523/9399 MCC Description AUTOMOBILE PARKING LOTS/GOVERNMENT SERVICES,NOT ELSEWHERE Communications Method Dial Gateway Internet Services Not Elected Pricing Option Interchange+Assessments+Rate 12)Client will be charged the Monthly Processing Fee if Client meets the monthly processing fee criteria set forth by American Express. Should Client no longer meet the monthly processing fee criteria,ClienYs pricing will be automatically adjusted from the Monthly Processing Fee to the applicable industry discount rate and transaction fee(if applicable)as provided to the Client by American Express. Please note that Client will only be charged(1)the monthly processing fee;(2)the applicable industry discount rate;or(3)the applicable industry discount rate and transaction fee. 13)The monthly PCI Compliance Service Program Fee and Non-validation PCI Compliance Fee are part of the mandatory PCI Compliance Service Program. These fees apply to Level 4 Clients who utilize a gateway or value added reseller(VAR). The program includes access to TrustKeeper,a Trustwave PCI Compliance solution to help Client comply with the Payment Card Industry Data Security Standards(PCI DSS) requirements. Clients are required to register and complete a PCI DSS certification process by visiting https://pci.trustwave.com/wellsfargo. If Client does not comply or fails the PCI DSS certification process,Client will be charged a monthly Non-validation PCI Compliance Fee until the account becomes compliant. 14)If the total discount fee for Visa, MasterCard and Discover Network Card transactions in a given month is less than the Monthly Minimum Processing Fee,then in addition to the total discount fee Client will be charged an amount equal to the Monthly Minimum Processing Fee minus the total discount fee. 15)Dues,assessments and pass-through fees are disclosed in the schedules referenced under the"Applicable Fee Schedules"section and the related footnote. 16)For Clients processing under the American Express OnePoint Program or the American Express ESA Program,American Express will charge a Prepaid/Gift Card rate of$0.20 per transaction to Supermarket Clients and 1.95°/o on gross sales volume to non-Supermarket Clients. 17)For Clients processing under the American Express OnePoint Program or the American Express ESA Program,an Inbound Fee of 0.40°/o will be applied to any transaction using an American Express Card issued by an issuer located outside of the United States. This fee will not apply to international Prepaid/Gift Card transactions and Clients in the Education industry within the following categories:Sporting&Recreation Camps(MCC 7032), Elementary&Secondary Schools(MCC 8211),Colleges, Universities, Professional Schools(MCC 8220),and Child Care Services(MCC 8351). 18)The Interchange Clearing Fee(ICF)will be charged on transactions that may be considered higher risk and/or are processed at a higher expense level.These types of transactions can be identified on ClienYs Payment Networks Qualification Matrix by looking at the"ICF applies"column. If the interchange program level has been identified by a"YES"in this column,then the ICF will apply to that type of transaction. If Client has selected to accept TeleCheck Services,see Part II-Section 1 of the Program Guide for the terms and conditions. If applicable,the Additional Services page will contain the fees and rates billed to Client by TeleCheck. If Client does not follow proper authorization procedures,a$50 chargeback handling fee will be assessed on MasterCard transactions. American Express may charge Client an excessive disputes fee in the amount of$5 for each Disputed Charge if Client is in American Express'Immediate Chargeback Program or$15 for each Disputed Charge if Client is not in the Immediate Chargeback Program. Client is responsible for any charges assessed by outside third parties that are not disclosed on the proposal. To the extent that this pricing proposal includes pricing for third party products and services,WFMS disclaims legal liability and responsibility for said products and services. ClienYs agreement with the third party provider shall govern ClienYs relationship with the third party provider. In the event that WFMS is billed for the third party's services,Client will reimburse WFMS for such services. Client acknowledges and understands that WFMS shall have no responsibility or liability for any third party hardware or software procured and used by Client. To the extent Client has any issues,concerns or liability related to such hardware or software,Client must deal directly with the third party provider from whom Client procured the hardware or software. In no event will WFMS be responsible for any indirect, incidental or consequential damages that Client may incur as a result of using any third party hardware or software. WFMS'proposal and associated pricing is based on the information provided. Any difference to our stated understanding may affect the proposed pricing. Without a signed agreement,this proposal expires 60 days from the proposal date stated above. See Section 39.3 of the Program Guide for early termination fees. Rounding. In the event the amount being billed to Client for any line item on this pricing proposal includes a total ending in less than a full cent, WFMS will either round such amount up or down to the nearest cent. Fees for supplies,shipping,handling,and applicable sales tax may apply and are subject to change without notice. Additional information is available upon request. Merchant Initials WFB 1405 11/1/2012;9:49 AM Page 3 of 4 Exhibit A merchant services 2012