Orange County NC Website
<br /> <br /> 1 <br />Template: CNT-VS-QM-SA Payment Services Rates and Fees 04APR2022-CE-V01 ©RecTrac, LLC All rights reserved. <br /> Last Revision: 5/9/2022 <br />SCHEDULE A: <br />PAYTRAC PAYMENT SERVICE RATES & FEES * <br /> <br />TRANSACTION PARTIES FUNDING** <br />Customer / Sub-Merchant: Orange County (NC) <br />Funds received by 7:00pm ET will be <br />deposited in Customer’s designated <br />account within three (3) business days <br />Payment Facilitator: RecTrac, LLC d/b/a Vermont Systems <br />Payment Processor: WorldPay, LLC <br />Sponsor Bank: Fifth Third Bank <br />* Customer acknowledges and accepts that VS will collect its fees and charges for Payment Service directly from the <br />EFT/ACH draft associated with the business location. <br />** VS is not responsible for funding delays due to weekends, federal holidays or Force Majeure events or incidents. <br />*** Daily settlement cut-off times are 7:30pm ET for E-commerce and 9:00pm ET for Card Present MIDS. <br />FLAT RATE MODEL <br />CREDIT CARD PROCESSING FEES <br />Mastercard <br />Visa <br />Discover <br />Per electronic authorization $ 0.25 <br />Per electronic authorization reversal (void) $ 0.25 <br />Per sale transaction $ 0.25 <br />Per refund transaction $ 0.25 <br />Per credit card decline $ 0.25 <br />Credit card account updater fee <br />If & when available and option selected/elected <br />$ 1.00 <br />Per chargeback request or return processed $ 25.00 <br />Mastercard-Visa-Discover acquired gross purchase sale % 2.75 % <br />American <br />Express <br />Per AMEX sale transaction (AMEX Direct) $ 0.25 <br />Per AMEX refund transaction (AMEX Direct) $ 0.25 <br />Credit card account updater fee <br />If & when available and option selected/elected <br />$ 1.00 <br />Per chargeback request or return processed $ 25.00 <br />Per AMEX acquired settled transaction (Opt Blue)* $ 0.25 <br />AMEX acquired gross purchase sale % (Opt Blue) 2.75 % <br />DocuSign Envelope ID: 028D978E-DF71-4D79-863D-8360D7144DD8