COMMERCIAL ENTITY AGREEMENT CANADIAN MERCHANTCommercial Entity Merchant Agreement • March 12th, 2021 • Ontario
This Commercial Entity Merchant Agreement (this “Agreement”) is provided to all merchants that (a) use Intuit’s (“TP3”) application or solution (the “Solution”) for the acceptance of credit or debit card payments; and (b) are considered “Commercial Entities” as defined by Visa Canada, Visa, Inc. and MasterCard International, Inc. (collectively, the “Card Brands”). As such an entity, the merchant signing or electronically agreeing to the terms hereof (“Merchant”) is entering into this Agreement with JPMorgan Chase Bank, N.A. (the “Member”), and Paymentech, LLC (“Paymentech”), to govern the authorization, conveyance and settlement of Transactions utilizing the Solution. By entering into this Agreement Merchant is fulfilling the Card Brand Rules requiring a direct contractual relationship between the Member and Merchant, and Merchant is agreeing to comply with Card Brand Rules as they pertain to payments Merchant receives through TP3. Paymentech shall be a third-party beneficiary of, and
