|
DocuSign Envelope 10: 77490F52-CF5B-4826-A82C-2089947EC063
<br />Schedule A to Merchant Agreement Merchant Name: Invoice Cloud, Inc.
<br />For Transactions for: City of Santa Ana
<br />PayLnent Brand Fees
<br />A substantial amount of the fees that we charge for processing Transactions consists of charges that we must pay to the Payment
<br />Brands and card issuing banks (or that are otherwise charged to us by the Payment Brands and card issuing banks) under the
<br />Payment Brand Rules. Those charges (collectively referred to in this Schedule A as "Payment Brand Fees") Include, but are not
<br />limited to, interchange, assessments, file transmission fees, processing fees, network access foes, and cross border fees. Whether a
<br />particular Payment Brand Fee applies is based on several factors, like the type of payment Instrument presented, specific
<br />Information contained within the Transaction, how and when the Transaction is processed, and the merchant's domicile and industry.
<br />Please note that Paymentech may, from time to time, elect not to charge you for certain existing, new or Increased Payment Brand
<br />Fees. If we elect not to charga you, we still reserve the right to begin charging you for existing, new or Increased Payment Brand
<br />Fees at any time in the future, upon notice to you. No such Payment Brand Fees will be imposed retroactively.
<br />Additional information about significant Payment Brand Fees (Interchange and Assessments), can be found at:
<br />www chasepaymontech cam/inte,rehaiige, and assessment understand'ma html
<br />*MasterCard assesses the MasterCard Acquiring License Fee annually to each Acquirer based on the total annual volume of
<br />MasterCard -branded sales (excluding Maestro PIN debit volume) of its U.S. domiciled merchants. To fairly distribute the fee across
<br />all Psymentach MasterCard -accepting merchants, a rate of .004% will be applied to all of your MasterCard gross sales transactions.
<br />Amount due upon Termination
<br />In addition to the other amounts due under this Agreement (Including without limitation, the fees and charges described in this
<br />Schedule A), you may owe an amount in the event you terminate this Agreement. Whether you wlli owe that amount, and how
<br />much you will owe, wil! be determined in accordance with the terms of the Agreement, including, without limitation, the "Termination"
<br />section,
<br />Tier 1 First 1,000,000
<br />1 — 1,000,000
<br />$,03
<br />.05% $.03
<br />$.10
<br />Tier 2
<br />Next 9,000,000
<br />1,000,001 — 10,000,000
<br />$.02
<br />.03%
<br />$.02 _
<br />$,06
<br />"Fier3
<br />Over 200, 000
<br />10,000,001 -k
<br />$.0'I �
<br />.02%
<br />$.01
<br />$.035
<br />The above grid applies to Bank Card, Discover, and Diners transactions beginning as of the date of the first submission of Bank Card
<br />Transactions to Paymentsch and continues for the term of the Agreement. We agree to rebate fees only In the case where we fail to
<br />reduce the transaction fee when Merchant's volume reaches the next grid level.
<br />Inrel'/ral raymelllyull l/Sa l.Jfj L ROVQ7115
<br />Paymentech Contract No.: 063576 Page 4 of 4 Date: 8/3/2015
<br />
|