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Preferred rates on credit and debit card acceptance, point-of-sale terminals, and other payment solutions.

Exclusive members-only pricing

Chase Paymentech, as CFIB’s trusted partner for payment processing and one of Canada’s leading merchant service providers, is offering CFIB members exclusive members-only pricing on a range of payment services.

Take advantage of preferred rates on credit and debit card acceptance, point-of-sale terminals, and other payment solutions. Chase Paymentech offers solutions for your business, whether you accept payments online, in-store, or on the go. On average, save $ 2,750 per year!

Find out what you can save!
  • Great rates including CFIB’s exclusive Mastercard interchange fees
  • No sign up fees and no cancellation fees
  • Free cost comparison to see how much you can save
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Become a CFIB member now
No sign-up fees and no cancellation fees

Chase Paymentech does not charge a sign-up fee when you join. You can also cancel anytime, with no cancellation fees.

Terminal set-up fees do apply for terminals and other payment solutions.

See significant savings on Mastercard interchange fees

Enjoy preferred rates on your VISA, Mastercard, and Interac processing with Chase Paymentech.

In a global first for a business association, Mastercard has agreed to recognize the collective buying power of CFIB’s 109,000 members. 

Starting April 3, 2017, CFIB members can access Mastercard’s Tier 1 pricing otherwise reserved for a handful of Canada’s largest merchants that each process over $3 billion in annual Mastercard sales.

If you qualify for CFIB’s special Mastercard rate, you can see significant savings on your interchange fees. For example, on “basic” consumer electronic transactions, Mastercard will reduce its fees charged to the payment processor by 12.5%. Meanwhile, the fees on some premium cards will fall by as much as 22%.This can amount to huge savings each year!

If you are a Chase Paymentech customer on the CFIB plan, you don’t need to do anything to realize these savings. Chase Paymentech is committed to passing 100% of the interchange savings through to CFIB members who qualify for CFIB’s special Mastercard rate. Chase Paymentech will flag your transactions with Mastercard and pass along the full value of the interchange savings.

Comparing Your Current Fees?

Let Chase Paymentech show you what you could be saving with a cost comparison of CFIB members rates to your current payment processing.

Your total payment acceptance cost is more than just an advertised rate.

Find the Solution For You

Whether you want to process payments from your mobile device or your countertop, Chase Paymentech has you covered. Speak with a Chase Paymentech representative today to discuss the right solution for your business. Call 1-888-317-9535.

POS Terminal and Mobile Fees

Whether you need a compact and robust POS device for your countertop, short-range wireless for Pay-at-the-Table convenience, or you require long-range processing on the go, Chase Paymentech has a terminal to fit your business - all with preferred pricing for CFIB members.

Phone & Tablet Solutions
Chase Mobile Checkout*

Card Reader Fee

$0 one free card reader

$70 per additional card reader

One-time Fee

$0

Chase Checkout Mobile Plus

Card Reader Fee

$19.95 Monthly Rental Fee

One-time Fee

$0

* For all transactions processed on the Chase Mobile Checkout phone and tablet solution, the Non-Qualified Fee will not apply. Please see Rates section for rates details.
† Price per device/service, per month, plus applicable taxes. Product availability and pricing are subject to change at any time without notice.
Countertop*
Ingenico ICT220 with IPP320 PIN pad

Monthly Rental Fee

$33.95

One-time Set-up Fee/Terminal

$25

VeriFone VX820 Duet

Monthly Rental Fee

$30.95

One-time Set-up Fee/Terminal

$25

VeriFone VX520 with VX820 PIN pad

Monthly Rental Fee

$33.95

One-time Set-up Fee/Terminal

$25

* Terminals may not be exactly as shown.
† Price per device/service, per month, plus applicable taxes. Product availability and pricing are subject to change at any time without notice.
Short and Long-Range Wireless (Includes Airtime)*
Ingenico IWL220 Bluetooth Communication Base (Short Range)

Monthly Rental Fee

$42.95

One-time Set-up Fee/Terminal

$25

Ingenico IWL220 Bluetooth Communication Base (Long Range)

Monthly Rental Fee

$38.95

One-time Set-up Fee/Terminal

$25

Ingenico IWL250 3G (Long Range)

Monthly Rental Fee

$62.95

One-time Set-up Fee/Terminal

$75

* Terminals may not be exactly as shown.
† Price per device/service, per month, plus applicable taxes. Product availability and pricing are subject to change at any time without notice.
Other Fees
Other Fees Monthly Rental Fee One-time Set-up Fee/Terminal

Touch Tone Capture

$5.95

N/A

Imprinter

$5.95

N/A

† Price per device/service, per month, plus applicable taxes. Product availability and pricing are subject to change at any time without notice.

Preferred CFIB Rates

As a CFIB member, you benefit from preferred rates on your VISA, Mastercard and Interac processing with Chase Paymentech1.  And, starting April 3, 2017, Chase Paymentech is committed to ensuring that 100% of the interchange savings are passed through to CFIB members who qualify for the CFIB’s special Mastercard rate.

Visa & Mastercard
  Merchant Discount Rates
Visa Mastercard
Industry Specific Rates (CDN $Accounts)*

Consumer Electronic

1.44%2

1.28%2

Everyday Needs(Visa)

1.38%

1.28%2

Everyday Spend(Mastercard)

1.38%

1.28%2

Grocery

1.25%

1.24%

Gas

1.20%

1.19%

 

U.S. $ Accounts

1.79%3

1.79%3

Chase Mobile Checkout7

2.64%

2.43%

Additional Fees (CDN and US $ Accounts)5

Assessment Fee

0.08%

0.08%

Acquirer License Fee6

N/A

0.007%

Non-Qualified Transactions Processing Fee

0.25%4

0.25%4

Interchange Differential

Passed through at cost, as set by Visa and Mastercard

Passed through at cost, as set by Visa and Mastercard

* For qualifying merchants as determined by Visa and Mastercard
Interact
  • 5 ¢ per transaction.
  • Interac Switch fee included.
  • Interac Flash* $0.02-$0.035 (Passed through at cost as set by Interac)
  • No added "Network Fee"
*Added fee for contactless payment
Other Fees
Other Fees CDN Dollar Accounts U.S. Dollar Accounts

Monthly administration fee

$3.95 (regular $12.95)

$3.95 (regular $12.95)

Account setup fees

Waived

$50.00 (waived if merchant has $ CDN account)

Annual renewal fees

Waived

$25.00 (waived if merchant has $ CDN account)

Visa/Mastercard application fee

Waived

$25.00 (waived if merchant has $ CDN account)

Funds transfer fee or Push fee

None

None

Visa/Mastercard transaction fee (each)

None

$0.20

Fee for a non Visa, Mastercard or Interac transaction (each)

$0.08

$0.25

Monthly minimum discount (for each of Visa and Mastercard)

$8.00 (waived as of April 3rd 2017)

$20.00

Visa/Mastercard Fees for Transactions with cards not issued in Canada or in a foreign currency (passed through at cost by Chase Paymentech)

Contact Chase Paymentech

Contact Chase Paymentech

Disclaimers
1. Members who wish to obtain payment processing services from Chase Paymentech must submit an application. All applications are subject to Chase Paymentech’s standard approval policies and procedures, including without limitation credit approval and entering into a Merchant Agreement with Chase Paymentech. Certain conditions apply. Proof of membership status with the Canadian Federation of Independent Business (CFIB) will be required.
2. This Merchant Discount Rate (“MDR”) applies to Canadian transactions that qualify at the Consumer Electronic Interchange Level (“Qualified Transactions”) as set by Visa and MasterCard. Your eligibility for a particular MDR rate is dependent on the nature of your business as determined by Visa and MasterCard. Contact Chase Paymentech Merchant Support at: 1 800 265-5158 for additional details.
3. This Merchant Discount Rate (“MDR”) applies to US transactions that qualify at the Foreign Consumer Standard Interchange Level (“Qualified Transactions”) only. US Dollar transactions payable in USD.
4. For all Canadian and US transactions that are not Qualified Transactions (“Non Qualified Transactions”), you will be charged the applicable MDR, the difference in interchange (if interchange is higher) for processing the Non-Qualified Transaction and the Non-Qualified Transaction Processing Fee set out above.
5. All fees and rates are subject to change as set out in the Merchant Agreement.
6. As of April 1st, 2016 this Acquirer License Fee applies to all MasterCard transactions. This fee will appear in the “Other Charges” section of your statement.
7. For all transactions processed on the Chase Mobile Checkout phone and tablet solution, the Non-Qualified Transaction Processing Fee will not apply.

Are you a CFIB member yet?

YES! Show me how much I can save!

Call 1-888-317-9535 to discover how you can take advantage of CFIB exclusive offers!

No. How do I get these savings?

When you join CFIB, you can save up to $5,000 per year on essential business services. Our partners, including Chasepaymentech, offer discounts in areas such as payment processing, banking, email marketing, payroll processing, insurance, and much more.