Common use of Merchant Fees Clause in Contracts

Merchant Fees. The Merchant service charges for MADA and International Card Schemes The schedule of charges shall become effective once the terminal/s is/are installed. Monthly Charges Charges Details Fees If the monthly total transactions of POS terminal does not reach 14,999 SR 100 SR Payment Cards Charges Service )per transaction( Transactionamount Fees Maximum amount Merchant Services Charge “MADA” Less than 100 SR 0.7% Per transaction Not available 100 SR and more 0.8% Per transaction 160 SR Gulf cooperation council transactions “GCC“ 1.5% Per ransaction 80 SR Credit Card transactions “CC” (Visa & MasterCard & UnionPay) 2.5% Per transaction Not available Maestro transactions 2% Per transaction Not available

Appears in 1 contract

Samples: www.alahli.com

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Merchant Fees. The Merchant service charges for MADA and International Card Schemes The schedule of charges shall become effective once the terminal/s is/are installed. Monthly Charges Charges Details Fees If the monthly total transactions of POS terminal does not reach 14,999 SR 100 SR Payment Cards Charges Service )per transaction( Transactionamount Transaction amount Fees Maximum amount Merchant Services Charge “MADA” Less than 100 SR 0.7% Per transaction Not available 100 SR and more 0.8% Per transaction 160 SR Gulf cooperation council transactions “GCC“ 1.5% Per ransaction 80 SR Credit Card transactions “CC” (Visa & MasterCard & UnionPay) 2.5% Per transaction Not available Maestro transactions 2% Per transaction Not available

Appears in 1 contract

Samples: www.alahli.com

Merchant Fees. The Merchant service charges for MADA and International Card Schemes The schedule of charges shall become effective once the terminal/s is/are installed. Monthly Charges Charges Details Fees If the monthly total transactions of POS terminal does not reach 14,999 SR 100 SR Payment Cards Charges Service )per transaction( Transactionamount Transaction amount Fees Maximum amount Merchant Services Charge “MADA” Less than 100 SR 0.7% Per transaction Not available 100 SR and more 0.8% Per transaction 160 SR Gulf cooperation council transactions “GCC“ 1.5% Per ransaction transaction 80 SR Credit Card transactions “CC” (Visa & MasterCard & UnionPay) 2.5% Per transaction Not available Maestro transactions 2% Per transaction Not available

Appears in 1 contract

Samples: www.alahli.com

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Merchant Fees. The Merchant service charges for MADA and International Card Schemes The schedule of charges shall become effective once the terminal/s is/are installed. Monthly Charges Charges Details Fees If the monthly total transactions of POS terminal does not reach 14,999 SR 100 SR Payment Cards Charges Service )per transaction( Transactionamount Fees Maximum amount Merchant Services Charge “MADA” Less than 100 SR 0.7% Per transaction Not available 100 SR and more 0.8% Per transaction 160 40 SR Gulf cooperation council transactions “GCC“ 1.5% Per ransaction transaction 80 SR Credit Card transactions “CC” (Visa & MasterCard & UnionPay) 2.5% Per transaction Not available Maestro transactions 2% Per transaction Not available

Appears in 1 contract

Samples: www.alahli.com

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