Legal Information

Promotional Offer November 4, 2019 to May 31, 2020


General Eligibility Criteria and Terms

*This promotional offer (the “Offer”) is not transferable. In order to take advantage of this Offer and receive 3 months of payment terminal fees waived when you sign up with Moneris Solutions Corporation (“Moneris”), you must visit www.moneris.com/rbc and complete your registration and payment solution selection between November 4, 2019 to May 31, 2020 (“Offer Period”).

The Offer is available only to the following merchants:
  • new Moneris merchants (i.e. not an existing Moneris merchant and have never had or controlled a business with a Moneris merchant account before), please note that National Accounts are not eligible for this Offer;
  • located in Canada;
  • that enter into Visa®, Mastercard®, and Interac® processing agreements with Moneris;
  • that rent terminal(s) from Moneris at the regular terminal rental fee;
  • and have a bank account with the Royal Bank of Canada (“RBC”) and are referred to Moneris through the promotional code.
    • Moneris is under obligation to approve a merchant for any services and reserves the right to determine a qualified merchant in accordance with its credit adjudication and other policies and procedures. Following satisfactory internal Moneris approval, merchants will be required to agree to, and agree to be bound by, the terms and conditions under the Moneris Merchant Agreement available online at www.moneris.com/caftc (the “Agreement”).

    The terminal subject to the three-month fee waiver (“Fee-Waived Device”) will be one of the following: Counter Top, Wireless, Long Range Device, Gateway, PAYD, PAYD Pro, OR PAYD Pro Plus. Only one Fee Waived Device per merchant. After the three-month fee waiver period is over, the monthly terminal fee as set out in your Agreement will automatically apply to the Fee Waived Device. Merchants not interested in keeping the Fee-Waived Device must contact Moneris to remove or return the Fee Waived Device at no charge. The Offer will be applied to your bill at checkout after taxes. Limit of 1 Offer per merchant ID for each business registered during the Offer Period. The maximum dollar value of the Offer is $180 over three (3) months, which may not cover the full cost of the terminal rental fees. The Offer only applies on one terminal per merchant ID. This Offer may be combined with other Moneris offers. This Offer cannot be applied retroactively to previous registrations and/or purchases.
Moneris, not RBC, is responsible for the terms and conditions applicable to this Offer and your discount, which are available at www.moneris.com/en/legal/offer-details/rbc_offers_for_business/. Moneris reserves the right to cancel, modify, or withdraw this offer at any time, even after you have activated it.

** Merchant must provide Moneris with its Mastercard, Visa, Discover and Interac merchant processing statements for the one month. The rate comparison for Moneris’ offer will be based on any of the rates (as determined by Moneris) for comparable services as set out in the processing statements provided. Rates comparison excludes any one-time or activation fees, terminal rental fees, assessment fees or other event-driven fees. Merchants currently participating in a merchant service program for franchisees, trade associations or member associations are not eligible for this Meet or Beat Rate offer. The comparison is valid as of the date statements from existing acquirer are provided by the merchant as compared to the offered Moneris rates. The Meet or Beat Rate Offer is subject to change, withdrawal or cancellation at any time and is not valid with any other offer.

*** The 90-day satisfaction guarantee is limited to a waiver of the cancellation or deactivation fee if the merchant cancels any of the agreements within 90 days from the date of the agreement. All other fees, charges and terms and conditions in the agreements apply.

Limitations and Exclusions

Moneris, its officers, directors, employees, shareholders, promotion agencies, agents, successors, assigns and service providers will not be liable for any direct, indirect, incidental, special or consequential damages arising out of the Offer, even if advised of the possibility of such damages. By participating in the Offer, Merchant waives any and all rights to bring any claim or action related to such matters in any forum beyond one (1) year after the first occurrence of the incident upon which the claim or action is based. Merchant agrees that any and all disputes, claims and causes of action arising out of or connected with the Offer, shall be resolved individually, without resort to any form of class action.

By participating in the Offer, Merchant agrees to release and hold harmless Moneris and each of its parents, subsidiary, affiliate and related companies, and its and their respective officers, directors, employees, and agents from and against any losses, damages, rights, claim or cause of action of any kind arising, in whole or in part, directly or indirectly, out of participation in the Offer or resulting directly or indirectly, from acceptance, possession, use, or misuse of any item given in connection with the Offer.

MONERIS & Design, and MONERIS PAYD are registered trade-marks of Moneris Solutions Corporation. INTERAC is a registered trademark of Interac Inc. VISA is a registered trade-mark of VISA International. MASTERCARD is a registered trade-mark of Mastercard International Incorporated.  All other marks or trade-marks are the property of their respective owners.

1Timing of settlement depends on the time of day and day of the week settlement files are provided, including weekends and holidays, and on RBC’s settlement policies and procedures.

2Based on total processing volume in Canada and on market capitalization. + Based on market capitalization. Other terms and conditions may apply.