City of Lawrence[1]
Merchant Payment Acceptance Solutions
   
 
    With      
         Commerce Bank      
 
METHOD OF PROCESSING Interchange Plus
All fees are passed through according to the Interchange level qualification as described by the VISA and MasterCard Associations.  The fees charged include a pass-thru of Interchange (% and transaction fee), Dues, Assessments, and Acquirer fees. These fe
Since you are a municipality some of your areas processing will qualify as an Emerging Market. The card Associations have put in place a special program for municipalities much like yourselves which you will be able to take advantage of.
DISCOUNT RATE ON VISA/MASTERCARD SALES (Minimum: $20.00) 0.00%[2]
MasterCard/Visa Transaction Fee $0.000 [3] Per Item
MasterCard/Visa Authorization Fee $0.245 [4] Per Item
AMEX Auth/Capture (If applicable) $0.160 [5] Per Item
Discover Auth/Capture (If applicable) $0.160 [6] Per Item
CHARGEBACK FEE (If applicable) $18.00 [7]
MONTHLY MAINTENANCE FEE $7.50 [8]
ACCOUNT SET UP (First location) $50.00 [9]
Additional locations $25.00 [10]
EQUIPMENT COST (If applicable)
The applicable sales tax will be added to the equipment price.  A minimum of $100.00 repair fee will be charged on each piece of equipment after 90 day warranty expires.
Equipment Type Purchase Lease Term  
Omni VX 570[11] $561 [12] $34.00 [13] 24 Months
[14] [15] $24.00 [16] 36 Months
 [17] [18] $20.00 [19] 48 Months
FD 50 $275 Not available for the FD 50
Merchant may purchase supplies from Commerce Bank.  Merchant will be charged through a debit of the checking
account for supplies.
ENHANCED PRODUCT OFFERINGS
Commerce Electronic Check Solution See Additional Pricing Proposal
Gift Card Program See Additional Pricing Proposal
Online Debit-Pin Based See Additional Pricing Proposal
ClientLine Reporting FREE
ADDITIONAL FEATURES
Local and 800 # Support No Charge
M-F (8a.m.-6p.m.) Sat (9a.m.-1p.m.)
First Installation and Training No Charge
AVAILABILITY OF FUNDS
MasterCard/Visa funds will post as collected funds into a business account at Commerce Bank the next business day following 
settlement.  If a batch is closed after 6:00 pm CST., the funds will be posted into account, two business days after settlement.  
Non-Commerce Bank Depository account will be funded in 48 Hours  
BASIS FOR PRICING:
Annual Sales Volume $0.00 [20]
Average Ticket $0.00 [21]
This price quote is valid for 60 days only.  
This price quote is valid for sixty (60) days only.  Additionally, the Bank shall raise the discount rate to offset changes in National System Fees, made by Visa U.S.A., inc and/or MasterCard International Inc.  Charges will be assessed at the discount ra
 
Staci Nichols   May 1, 2009
Assistant Vice President Commerce Bank Merchant Services
 
[1]
Commerce User:
Insert Merchant Name
[2]
Commerce User:
Enter Discount rate from Model
[3]
Commerce User:
Insert MC/Visa Transaction fee if there is one.
[4]
Commerce User:
Enter Auth fee if special pricing has been given for this field… otherwise leave at $0.00
[5]
Commerce User:
Insert Amex Fee
[6]
Commerce User:
Insert Discover Fee
[7]
Commerce User:
Insert Chargeback Fee
[8]
Commerce User:
Insert Monthly Statement fee as listed on pricing model
[9]
Commerce User:
Enter cost for first setup
[10]
Commerce User:
Insert set up Cost for added locations
[11]
Commerce User:
Enter equipment/software product
[12]
Commerce User:
Enter Cost per piece of equipment and or cost of total equipment needed
[13]
Commerce User:
Put in monthly Lease rate
[14]
Commerce User:
Enter equipment/software product
[15]
Commerce User:
Enter Cost per piece of equipment and or cost of total equipment needed
[16]
Commerce User:
Enter monthly lease rate
[17]
Commerce User:
Enter equipment/software product
[18]
Commerce User:
Enter Cost per piece of equipment and or cost of total equipment needed
[19]
Commerce User:
Enter monthly lease rate
[20]
Commerce User:
Enter annual credit card sales volume
[21]
Commerce User:
Enter overall average ticket