1. Discount Rate: 1.9%
This is a flat rate for offline payment processing. There are no other hidden processing fees. The processing fee is deducted directly from the daily settlement fund.
2. Two types of POS terminals
S80 is a This terminal needs an active internet line or fax line in order to process any transactions. We highly recommend internet line as it provides faster and more stable signal during transactions. Most retail stores prefer the S80 instead of the S90 as the cash registers are usually stationary.
S90 is a wireless POS terminal. This terminal allows the payments to be made anywhere in the store. Since it utilizes the Rogers network, its coverage is recognized. The terminal can be purchased or rental.
3. Term of Contract: : 3 years and then renewable year by years
4. Onsite Training, Installation, Service Support: FREE
Deposit Option A) Receive funds in 2 Days with a Business Account at Bank of China (Any Canadian Branch)
Deposit Option B) Receive funds in 4 Days if depositing to another bank (ex. RBC, CIBC, TD, BMO, etc)
Please feel free to contact our Merchant Advisor Claire Chen at 778.788.6218 if you have any questions or concerns in regards to adding UnionPay payment options. We are proud to provide the best customer service in a long term relationship with our valued partners.