SCHEDULE 1 TO THE JEANIE RULES FEE SCHEDULE. (Effective February 1, 2015)

Transcription

1 SCHEDULE 1 TO THE JEANIE RULES FEE SCHEDULE (Effective February 1, 2015) Jeanie Rules Schedule 1, Page 1 Version:

2 JEANIE PREFERRED INTERCHANGE RATE SCHEDULE EXEMPT ISSUER The following Rates Apply for any Jeanie Preferred POS Transactions on Cards issued by a Member with assets of less than ten (10) billion dollars and for any Jeanie Preferred POS Transactions on general purpose reloadable prepaid Cards issued by a Regulated Issuer meeting certain Federal Reserve requirements. To qualify for Jeanie Preferred POS participation, issuers must satisfy certain criteria established by Jeanie. POINT OF SALE INTERCHANGE RATES Grocery/Supermarket POS Transactions (SICs 5411 & 5300) Tier One: (> 5 Million) $0.24 N/A Tier Two: (2-5 Million) $0.28 N/A Tier Three: (<2 Million) $0.36 N/A All Other POS Transactions Tier One: (> 5 Million) $ basis points $0.575 Tier Two: (2-5 Million) $ basis points $0.83 Tier Three: (<2 Million) $ basis points No Cap Petroleum (SIC 5541 & 5542) $ basis points $0.95 Quick Service Restaurant (QSR) $ basis points No Cap (SIC 5814) PINless Bill Payment $ basis points $2.00 Internet PIN Debit $ basis points No Cap *Note: Interchange received on a given Transaction is subject to Network s contractual agreement with the Member or access partner paying such Interchange, which may, at Network s sole discretion, be different from the Interchange Fees herein. Basis Points are calculated as one basis point = 1/100th of a percent (0.01%) of the face value of the applicable transaction. For the first 12 months following a Member s first Jeanie Transaction ( First Annual Period ), Member s Interchange Fee tier will correspond to the fee applicable to the lowest Monthly Transaction Volume pursuant to the tiering above. Interchange calculations include cash back amount where applicable. ATM INTERCHANGE RATES ATM Interchange Fees On Premise ATMs Cash Withdrawals $0.47 Account Transfers, Inquiries $0.20 Deposits, Payment Enclosed $2.00 Denials $0.20 ATM Interchange Fees Off Premise ATMs Cash Withdrawals $0.53 Account Transfers, Inquiries $0.25 Deposits, Payment Enclosed $2.25 Denials $0.25 Discover Card/ American Express Cash Acquirer Interchange Fees Cash Withdrawals $0.50 Other Transactions $0.00 *Note: Discover Card and American Express Cash acquirer Interchange Fees are paid through the Network to the Acquirer Member. For any Member that receives American Express and or Discover Services through the Jeanie Network (and not a separate agreement) the Monthly Gateway Fee only for Discover and American Express shall be waived. Jeanie Rules Schedule 1, Page 2 Version:

3 JEANIE PREFERRED INTERCHANGE RATE SCHEDULE EXEMPT ISSUER The Member shall also pay the applicable Jeanie Switch Fees, which are in addition to Interchange Fees. One (1) Switch Fee tier will apply for Member s Transactions for each month. The Switch Fee shall be determined as follows: Switch Fee POS Issuer Switch Fee Tier One: (500,000 and above) $ Tier Two: (250, ,999) $ Tier Three: (0-249,999) $ ATM Issuer Switch Fee Tier One: (500,000 and above) $ Tier Two: (250, ,999) $0.05 Tier Three: (0-249,999) $ ATM Acquirer Switch Fee Monthly Cumulative Transaction Total Applicable Fee Per Transaction All Transactions $0.07 * For Issuers, applicable Switch Fee will be determined based upon the total Transaction volume (including denied Transactions) processed through the Jeanie Network, by the Member, holding company, during the immediately preceding calendar month and shall be determined solely by the Network based upon Network s records during the applicable time period. Jeanie Rules Schedule 1, Page 3 Version:

4 JEANIE STANDARD INTERCHANGE RATE SCHEDULE EXEMPT ISSUER The following Rates Apply for any Jeanie Standard POS Transactions on Cards issued by a Member with assets of less than ten (10) billion dollars and for any Jeanie Standard POS Transactions on general purpose reloadable prepaid Cards issued by a Regulated Issuer meeting certain Federal Reserve requirements. POINT OF SALE INTERCHANGE RATES Grocery/Supermarket POS Transactions (SICs 5411 & 5300) Tier One: (> 5 Million) $0.16 N/A Tier Two: (2-5 Million) $0.21 N/A Tier Three: (<2 Million) $0.26 N/A All Other POS Transactions Tier One: (> 5 Million) $ basis points $0.475 Tier Two: (2-5 Million) $ basis points $0.625 Tier Three: (<2 Million) $ basis points No Cap Petroleum (SIC 5541 & 5542) $ basis points $0.95 Quick Service Restaurant (QSR) $ basis points No Cap (SIC 5814) PINless Bill Payment $ basis points $2.00 Internet PIN Debit $ basis points No Cap Note: Interchange received on a given Transaction is subject to Network s contractual agreement with the Member or access partner paying such Interchange, which may, at Network s sole discretion, be different from the Interchange Fees herein. Basis Points are calculated as one basis point = 1/100th of a percent (0.01%) of the face value of the applicable transaction. For the first 12 months following a Member s first Jeanie Transaction ( First Annual Period ), Member s Interchange Fee tier will correspond to the fee applicable to the lowest Monthly Transaction Volume pursuant to the tiering above. Interchange calculations include cash back amount where applicable. ATM INTERCHANGE RATES ATM Interchange Fees On Premise ATMs Cash Withdrawals $0.47 Account Transfers, Inquiries $0.20 Deposits, Payment Enclosed $2.00 Denials $0.20 ATM Interchange Fees Off Premise ATMs Cash Withdrawals $0.53 Account Transfers, Inquiries $0.25 Deposits, Payment Enclosed $2.25 Denials $0.25 Discover Card/ American Express Cash Acquirer Interchange Fees Cash Withdrawals $0.50 Other Transactions $0.00 Note: Discover Card and American Express Cash acquirer Interchange Fees are paid through the Network to the Acquirer Member. For any Member that receives American Express and or Discover Services through the Jeanie Network (and not a separate agreement) the Monthly Gateway Fee only for Discover and American Express shall be waived. Jeanie Rules Schedule 1, Page 4 Version:

5 JEANIE STANDARD INTERCHANGE RATE SCHEDULE EXEMPT ISSUER The Member shall also pay the applicable Jeanie Switch Fees, which are in addition to Interchange Fees. One (1) Switch Fee tier will apply for Member s Transactions for each month. The Switch Fee shall be determined as follows: Switch Fee POS Issuer Switch Fee Tier One: (500,000 and above) $ Tier Two: (250, ,999) $ Tier Three: (0-249,999) $ ATM Issuer Switch Fee Tier One: (500,000 and above) $ Tier Two: (250, ,999) $0.05 Tier Three: (0-249,999) $ ATM Acquirer Switch Fee Monthly Cumulative Transaction Total Applicable Fee Per Transaction All Transactions $0.07 * For Issuers, applicable Switch Fee will be determined based upon the total Transaction volume (including denied Transactions) processed through the Jeanie Network, by the Member, holding company, during the immediately preceding calendar month and shall be determined solely by the Network based upon Network s records during the applicable time period. Jeanie Rules Schedule 1, Page 5 Version:

6 JEANIE PREFERRED INTERCHANGE RATE SCHEDULE NON-EXEMPT ISSUER The following Interchange Fee applies for any Jeanie Preferred POS Transactions on Cards issued by a Jeanie Preferred Member with assets of equal to or greater than ten (10) billion dollars ( Regulated Issuers ). To qualify for Jeanie Preferred POS participation, issuers must satisfy certain criteria established by Jeanie. POINT OF SALE INTERCHANGE RATES Grocery/Supermarket POS Transactions (SICs 5411 & 5300) Tier One: (> 5 Million) $0.21 +$0.01*+ 5 basis points N/A Tier Two: (2-5 Million) $0.21 +$0.01*+ 5 basis points N/A Tier Three: (<2 Million) $0.21 +$0.01*+ 5 basis points N/A All Other POS Transactions Tier One: (> 5 Million) $0.21 +$0.01*+ 5 basis points N/A Tier Two: (2-5 Million) $0.21 +$0.01*+ 5 basis points N/A Tier Three: (<2 Million) $0.21 +$0.01*+ 5 basis points N/A Petroleum (SIC 5541 & 5542) $0.21 +$0.01*+ 5 basis points N/A Quick Service Restaurant (QSR) $0.21 +$0.01*+ 5 basis points N/A (SIC 5814) PINless Bill Payment $0.21 +$0.01*+ 5 basis points N/A Internet PIN Debit $0.21 +$0.01*+ 5 basis points N/A * Fraud Adjustment as set by the Federal Reserve. $0.01 will be included in the interchange fee per transaction if Issuer meets or exceeds the standards set by the Federal Reserve for electronic debit card fraud detection and prevention and transaction data security. Note: Interchange received on a given Transaction is subject to Network s contractual agreement with the Member or access partner paying such Interchange, which may, at Network s sole discretion, be different from the Interchange Fees herein. Basis Points are calculated as one basis point = 1/100th of a percent (0.01%) of the face value of the applicable transaction. For the first 12 months following a Member s first Jeanie Transaction ( First Annual Period ), Member s Interchange Fee tier will correspond to the fee applicable to the lowest Monthly Transaction Volume pursuant to the tiering above. Interchange calculations include cash back amount where applicable. ATM INTERCHANGE RATES ATM Interchange Fees On Premise ATMs Cash Withdrawals $0.47 Account Transfers, Inquiries $0.20 Deposits, Payment Enclosed $2.00 Denials $0.20 ATM Interchange Fees Off Premise ATMs Cash Withdrawals $0.53 Account Transfers, Inquiries $0.25 Deposits, Payment Enclosed $2.25 Denials $0.25 Discover Card/ American Express Cash Acquirer Interchange Fees Cash Withdrawals $0.50 Other Transactions $0.00 Note: Discover Card and American Express Cash acquirer Interchange Fees are paid through the Network to the Acquirer Member. For any Member that receives American Express and or Discover Services through the Jeanie Network (and not a separate agreement) the Monthly Gateway Fee only for Discover and American Express shall be waived. Jeanie Rules Schedule 1, Page 6 Version:

7 JEANIE PREFERRED INTERCHANGE RATE SCHEDULE NON-EXEMPT ISSUER The Member shall also pay the applicable Jeanie Switch Fees, which are in addition to Interchange Fees. One (1) tier Switch Fee will apply for Member s Transactions for each month. The Switch Fee shall be determined as follows: Switch Fee POS Issuer Switch Fee Tier One: (500,000 and above) $ Tier Two: (250, ,999) $ Tier Three: (0-249,999) $ ATM Issuer Switch Fee Tier One: (500,000 and above) $ Tier Two: (250, ,999) $0.05 Tier Three: (0-249,999) $ ATM Acquirer Switch Fee Monthly Cumulative Transaction Total Applicable Fee Per Transaction All Transactions $0.07 * For Issuers, applicable Switch Fee will be determined based upon the total Transaction volume (including denied Transactions) processed through the Jeanie Network, by the Member, holding company, during the immediately preceding calendar month and shall be determined solely by the Network based upon Network s records during the applicable time period. Jeanie Rules Schedule 1, Page 7 Version:

8 JEANIE STANDARD INTERCHANGE RATE SCHEDULE NON-EXEMPT ISSUER The following Interchange Fee applies for any Jeanie POS Transactions on Cards issued by a Jeanie Standard Member with assets of equal to or greater than ten (10) billion dollars ( Regulated Issuers ). POINT OF SALE INTERCHANGE RATES Grocery/Supermarket POS Transactions (SICs 5411 & 5300) Tier One: (> 5 Million) $0.21 +$0.01*+ 5 basis points N/A Tier Two: (2-5 Million) $0.21 +$0.01*+ 5 basis points N/A Tier Three: (<2 Million) $0.21 +$0.01*+ 5 basis points N/A All Other POS Transactions Tier One: (> 5 Million) $ basis points $0.21 +$0.01*+ 5 basis points Tier Two: (2-5 Million) $0.21 +$0.01*+ 5 basis points N/A Tier Three: (<2 Million) $0.21 +$0.01*+ 5 basis points N/A Petroleum (SIC 5541 & 5542) $0.21 +$0.01*+ 5 basis points N/A Quick Service Restaurant (QSR) (SIC $0.21 +$0.01*+ 5 basis points N/A 5814) PINless Bill Payment $0.21 +$0.01*+ 5 basis points N/A Internet PIN Debit $0.21 +$0.01*+ 5 basis points N/A * Fraud Adjustment as set by the Federal Reserve. $0.01 will be included in the interchange fee per transaction if Issuer meets or exceeds the standards set by the Federal Reserve for electronic debit card fraud detection and prevention and transaction data security. Note: Interchange received on a given Transaction is subject to Network s contractual agreement with the Member or access partner paying such Interchange, which may, at Network s sole discretion, be different from the Interchange Fees herein. Basis Points are calculated as one basis point = 1/100th of a percent (0.01%) of the face value of the applicable transaction. For the first 12 months following a Member s first Jeanie Transaction ( First Annual Period ), Member s Interchange Fee tier will correspond to the fee applicable to the lowest Monthly Transaction Volume pursuant to the tiering above. Interchange calculations include cash back amount where applicable. ATM INTERCHANGE RATES ATM Interchange Fees On Premise ATMs Cash Withdrawals $0.47 Account Transfers, Inquiries $0.20 Deposits, Payment Enclosed $2.00 Denials $0.20 ATM Interchange Fees Off Premise ATMs Cash Withdrawals $0.53 Account Transfers, Inquiries $0.25 Deposits, Payment Enclosed $2.25 Denials $0.25 Discover Card/ American Express Cash Acquirer Interchange Fees Cash Withdrawals $0.50 Other Transactions $0.00 Note: Discover Card and American Express Cash acquirer Interchange Fees are paid through the Network to the Acquirer Member. For any Member that receives American Express and or Discover Services through the Jeanie Network (and not a separate agreement) the Monthly Gateway Fee only for Discover and American Express shall be waived. Jeanie Rules Schedule 1, Page 8 Version:

9 JEANIE STANDARD INTERCHANGE RATE SCHEDULE NON-EXEMPT ISSUER The Member shall also pay the applicable Jeanie Switch Fees, which are in addition to Interchange Fees. One (1) Switch Fee tier will apply for Member s Transactions for each month. The Switch Fee shall be determined as follows: Switch Fee POS Issuer Switch Fee Tier One: (500,000 and above) $ Tier Two: (250, ,999) $ Tier Three: (0-249,999) $ ATM Issuer Switch Fee Tier One: (500,000 and above) $ Tier Two: (250, ,999) $0.05 Tier Three: (0-249,999) $ ATM Acquirer Switch Fee Monthly Cumulative Transaction Total Applicable Fee Per Transaction All Transactions $0.07 * For Issuers, applicable Switch Fee will be determined based upon the total Transaction volume (including denied Transactions) processed through the Jeanie Network, by the Member, holding company, during the immediately preceding calendar month and shall be determined solely by the Network based upon Network s records during the applicable time period. Jeanie Rules Schedule 1, Page 9 Version:

10 POS ACQUIRER FEES* Grocery/Supermarket POS Transactions (SICs 5411 & 5300) Monthly Jeanie Acquirer Volume* Applicable Fee per Transaction Tier One: (> 5 Million) $0.035 Tier Two: (2-5 Million) $0.035 Tier Three: (<2 Million) $0.045 Switch Surcharge** $0.01 All Other POS (Annual Transaction Volume) Monthly Jeanie Acquirer Volume* Applicable Fee per Transaction Tier One: (> 5 Million) $0.035 Tier Two: (2-5 Million) $0.035 Tier Three: (<2 Million) $0.045 Petroleum $0.045 PINless Bill Payment $0.04 Quick Service Restaurant (QSR) $0.025 Switch Surcharge** $0.01 * For Merchant Acquirers, the applicable Switch Fee will be determined based upon the total Annual Transaction Volume processed through the Jeanie Network, by the Member and shall be determined solely by the Network based upon Network s records during the applicable time period. For the first annual period following a Member s conversion to Jeanie and acquiring of its first Transaction, the Switch Fee tier will correspond to the highest Switch Fee tier for the lowest Annual Transaction Volume pursuant to the tiering table above. At Network s discretion, Network may change Member s Switch Fee tier after such first annual period of Network participation based upon Member s Annual Purchase Volume pursuant to the tiering table above. Switch fees are subject to Network s contractual agreement with the Member paying such switch fees, which may at Network s sole discretion, be different from the Switch Fees herein. ** Any Transaction processed or routed to the Switch shall be subject to the Switch Surcharge. Jeanie Network Merchant Participation Fee Merchant Participation Fee is assessed to each participating merchant location. Fee covers annual period beginning August 1 of each year. Merchant Processors are to report their number of merchant locations that accept Jeanie to the Jeanie Network by August 31. The Merchant Participation Fee will be assessed to the merchant processor each September. Merchant Participation Fee $9.00 per merchant location per year Jeanie Rules Schedule 1, Page 10 Version:

11 OTHER FEES AND SERVICES a. Set Up Fees: Issuer Member (ATM and/or POS) Acquirer Member (ATM and/or POS) $ per Member $ per Member Issuer Processor set up and certification fee Acquirer (ATM/Terminal) Processor set up and certification fee Acquirer (Merchant) Processor set up and certification fee $50, per Network Processor definition $50, per Network Processor definition $50, per Network Processor definition Issuer or Acquirer Member using a Processor (Issuer or Acquirer Processor) Add additional Member Processor certification $5, per Member* $1, per Member plus testing** b. Disconnect Fees: Issuer Member (ATM and/or POS) Acquirer Member (ATM and/or POS) Issuer or Acquirer Member using a Processor Processor *in addition to certification fees paid by the Processor **billed to Processor for each Member added after the initial Processor setup $ per Member $ per Member $5, per Member $10, per Network Processor definition c. Copy of the Rules /Network Documentation $ per volume Copy of amendment/supplement $75.00 per volume d. Jeanie Network Access Fee $ per month per Member e. Daily Reconciliation File $ per month per Member f. BIN File Update/Transmission $ per month per Processor g. Federal Reserve Fee $15.00 per month per settlement account per Processor h. Testing & Certification $510.00/test session/day plus programming support where applicable i. File/Report Re-creates $ per file or report, plus programming where applicable j. Standard Programming Rates $ per hour k. Settlement Account Number Changes $ per change l. Processor Connect and Port: 56,000 Baud $1, per Port per month Other Quoted m. Telecommunications Quoted as determined by the Network and based on line charges, maintenance and equipment including maintenance of such equipment and any other then current Fifth Third communications charges in effect. n. Usage Fees: Dial Line Connect Mailbox/Connect Enterprise Leased Line (NJE, FTP, Connect Direct, JEANIE Direct, VPN) Access Fee > 1 $ per transaction $ per transaction $ per transaction 1 st destination No Charge Each additional destination $ per destination per month per Processor Jeanie Rules Schedule 1, Page 11 Version:

12 o. Jeanie Direct: Set Up Fee Monthly Fee (host access, reports, adjustments, chargebacks) Jeanie Direct Active ID Fee Jeanie Direct Active ID Surcharge (dial access only) Adjustment System File Residency Adjustment System Updates Adjustment Fee $1, per definition $ per month per Processor $30.00 per month per active ID* per Processor $25.00 per month per active ID* per Processor $ per month per Processor $0.10 per update per month per Member $5.00 per Adjustment * Each ID that is used in a given month, as determined by Network's records of Member IDs that have logged onto Jeanie Direct during the month, will result in a separate access fee charge. p. Network Assessments Quoted q. Other Fees Quoted Jeanie Rules Schedule 1, Page 12 Version: