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06/02/2020
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06/02/2020
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8/19/2020 1:54:22 PM
Creation date
7/10/2020 12:47:54 PM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
06/02/2020
Meeting Body
Board of County Commissioners
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CardCo2305 <br />CONFIRMATION PAGE <br />PROCESSOR INFORMATION: <br />Name: <br />( CardConnect LLC <br />Address: <br />1000 Continental Drive, Suite 300, King of Prussia, PA 19406 <br />URL: <br />www.cardconnect.com <br />Customer Service #: <br />1-877-828-0720 <br />Please read the Program Guide in its entirety. It describes the terms under which we will provide merchant processing Services to you. <br />From time to time you may have questions regarding the contents of your Agreement with Bank and/or Processor or the contents of your Agreement with <br />TeleCheck.The following information summarizes portions of your Agreement in order to assist you in answering some of the questions we are most commonly <br />asked. <br />1. Your Discount Rates are assessed on transactions that qualify for certain <br />reduced interchange rates imposed by Mastercard, Visa, Discover and PayPal. <br />Any transactions that fail to qualify for these reduced rates will be charged an <br />additional fee (see Section 25 of the Program Guide). <br />2. We may debit your bank account (also referred to as your Settlement Account) <br />from time to time for amounts owed to us under the Agreement. <br />3. There are many reasons why a Chargeback may occur. When they occur we <br />will debit your settlement funds or Settlement Account. For a more detailed <br />discussion regarding Chargebacks see Section 14 of the Your Payments <br />Acceptance Guide or see the applicable provisions of the TeleCheck Solutions <br />Agreement. <br />4. If you dispute any charge or funding, you must notify us within 60 days of the <br />date of the statement where the charge orfunding appears for Card Processing <br />or within 30 days of the date of a TeleCheck transaction. <br />5. The Agreement limits our liability to you. For a detailed description of the <br />limitation of liability see Section 27, 37.3, and 39.10 of the Card General Terms; <br />or Section 17 of the TeleCheck Solutions Agreement. <br />6. We have assumed certain risks by agreeing to provide you with Card <br />processing or check services. Accordingly, we may take certain actions to <br />mitigate our risk, including termination of the Agreement, and/or hold monies <br />otherwise payable to you (see Card Processing General Terms in Section 30, <br />Term; Events of Default and Section 31, Reserve Account; Security Interest), <br />(see TeleCheck Solutions Agreement in Section 7), under certain circumstances. <br />7. By executing this Agreement with us you are authorizing us and our Affiliates <br />to obtain financial and credit information regarding your business and the signers <br />and guarantors of the Agreement until all your obligations to us and our Affiliates <br />are satisfied. <br />8. The Agreement contains a provision that in the event you terminate the <br />Agreement prior to the expiration of your initial three (3) year term, you will be <br />responsible for the payment of an early termination fee as set forth in Part IV, A. <br />3 under "Additional Fee Information" and Section 16.2 of the TeleCheck <br />Solutions Agreement. <br />9. Card Organization Disclosure <br />Visa and Mastercard Member Bank Information: Wells Fargo Bank, N.A. <br />The Bank's mailing address is P.O. Box 6079, Concord, CA 94524, and its phone number is 1-844-284-6843. <br />Important Member Bank Responsibilities: <br />a. The Bank is the only entity approved to extend acceptance of Visa and <br />Mastercard products directly to a merchant. <br />b. The Bank must be a principal (signer) to the Agreement. <br />c. The Bank is responsible for educating merchants on pertinent Visa and <br />Mastercard rules with which merchants must comply; but this information may <br />be provided to you by Processor. <br />d. The Bank is responsible for and must provide settlement funds to the merchant. <br />e. The Bank is responsible for all funds held in reserve that are derived from <br />settlement. <br />f. The Bank is the ultimate authority should a merchant have any problems with <br />Visa or Mastercard products (however, Processor also will assist you with any <br />such problems). <br />Print Client's Business Legal Name: <br />Important Merchant Responsibilities: <br />a. <br />b. <br />c. <br />d. <br />e. <br />h. <br />Ensure compliance with Cardholder data security and storage requirements. <br />Maintain fraud and Chargebacks below Card Organization thresholds. <br />Review and understand the terms of the Merchant Agreement. <br />Comply with Card Organization Rules and applicable law and regulations. <br />Retain a signed copy of this Disclosure Page. <br />You may download "Visa Regulations" from Visa's website at: https://usa.visa. <br />com/damNCOM/download/about-visa/visa-rules-oublic.odf <br />You may download "Mastercard Regulations" from Mastercard's website at: <br />www.mastercard. us/content/dam/mccom/global/documents/mastercard-rules <br />Rdf• <br />You may download "American Express Merchant Operating Guide" from <br />American Express' website at: www.americanexoress.com/us/merchant <br />Indian River County <br />By its signature below, Client acknowledges that it has received the Merchant Processing Application, Program Terms and Conditions [version CardCo2305] <br />consisting of 46 pages [including this Confirmation Page and the applicable Third Party Agreement(s)]. <br />Client further acknowledges reading and agreeing to all terms in the Program Terms and Conditions. Upon receipt of a signed facsimile or original of this <br />Confirmation Page by us, Client's Application will be processed. <br />NO ALTERATIONS OR STRIKE -OUTS TO THE PROGRAM TERMS AND CONDITIONS WILL BE ACCEPTED. <br />Client's Business Principal: <br />Signature (Please sign below): <br />t <br />Title <br />Please Print Name of Signer <br />Date <br />101 <br />
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