*CIBC Merchant Services are provided by 3rd party vendors, Payfirma Corporation and Global Payments.
The above is intended to be only a general description of this product and its features. Some conditions may apply. CIBC reserves the right to change or discontinue this product or any of its features at any time. This product and its features shall be subject to the terms and conditions of the applicable agreement governing its use.
CIBC may receive a commission for customers referred to Payfirma or Global Payments.
** Global Payments
This promotional offer is available from September 1, 2017 through November 30, 2017.
Clients who sign up with Global Payments will receive preferred rates for their debit and credit card processing as shown below:
(Merchant must meet eligibility criteria for American Express OptBlue® program)
Minimum one (1) year contract commitment required. Global Payments is under no obligation to approve a merchant and reserves the right to determine qualified merchants in accordance with its credit adjudication and other policies and procedures. Merchants must use a CIBC account for settlement of transaction proceeds and be referred to Global Payments for payment processing by CIBC. Offer not available to clients already with Payfirma. Payment processing and pricing approvals provided by Global Payments Direct, Inc. Terminals and terminal services provided by Global Payments Canada GP. This offer is subject to change, withdrawal or cancellation at any time and is not valid with any other offer.
Clients can also receive $200 cash back when they purchase a terminal. This offer is available to net new Global Payments clients in Canada and is only available to new Global Payments clients that enter into a credit and debit processing agreement with Global Payments Direct, Inc. and that rent or purchase a point-of-sale (POS) solution from Global Payments Canada. Merchant must be a client of CIBC and be approved for payment processing by, and enter into a processing agreement with, Global Payments Direct, Inc. Rebate applied, and limited, to a single merchant account in the form of a credit. The cashback will be deposited into the account 90 days after the first deposit. Global Payments reserves the right to determine qualified merchants and is under no obligation to approve a merchant.
Quoted merchant discount rates apply to Canadian transactions that qualify at the Consumer Electronic Interchange level, as set by Visa and MasterCard®. Transactions that do not qualify for this Interchange level will be subject to an Interchange Differential/Downgrade Fee. Assessment fees apply to Canadian transactions. Other fees and taxes may apply.
From September 1, 2017, to November 30, 2017, clients who sign up for Payfirma will have their first year’s Pay HQ fees waived (a value of $19 per month for 12 months) and they’ll be able to collect payments 7 different ways, including digital invoicing, web terminal, mobile, recurring billing, eCommerce, traditional terminal, and API integrations.
This offer is only available to new Payfirma Pay HQ customers; enrolment subject to application and acceptance. The Pay HQ fee waiver applies to Pay HQ service fees only; third party payment processing fees still apply. This offer does not include the cost of terminal and other hardware fees. Offer not valid where prohibited by law, and not valid with any other offer or rebates. All trademarks and other indicia are registered or unregistered trademarks of their respective owners. Other terms and conditions may apply. Offer not available to clients already with Global Payments.
Payfirma is under no obligation to approve a merchant. They decide who qualifies for the service in accordance with their credit adjudication and other policies and procedures.