Promotional Offer Be Ready

Promotional Offer – October 1, 2018 to March 28, 2019

General Eligibility Criteria and Terms

The promotional offer described below (“Offer”) is available from October 1, 2018 to March 28, 2019 (the “Offer Period”) and is available only to new merchants located in Canada who do not currently have an agreement for payment processing services from Moneris Solutions Corporation (“Moneris”), and that enter into Visa®, Mastercard®, Discover® and Interac® processing agreements with Moneris and rent or buy terminal(s) from Moneris during the Offer Period. Offer is limited to one (1) per merchant. Moneris is under no 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 merchant and/or gift card processing agreement(s) and/or other agreement(s) with Moneris (individually, the “Agreement” and collectively, the “Agreements”).

The Offer is subject to change, withdrawal or cancellation at any time and is not valid with any other offer for Moneris processing services. If any of the applicable Agreements is terminated prior to the expiry of its term, the merchant will pay Moneris the amount (or value) of the Offer it received. The Offer does not apply to Moneris PAYD®, PAYD Pro® and PAYD Pro Plus® products.

Offer Details

Gift or Rebate

The Offer can be redeemed as a gift or a rebate, which will be provided in the form of a GIFTPASS® from Eligible merchants have the option to redeem the GIFTPASS for: (1) gift card(s) from available retailers on or (2) a rebate deposited into the merchant’s bank account. The GIFTPASS will be delivered approximately 150 days after the merchant begins processing credit and debit transactions with Moneris, provided that:

  1. at such time the merchant continues to be an active Moneris merchant processing transactions under valid Agreements; and
  2. the merchant has processed at least $5,000.00 in Visa, Mastercard and/or Discover credit card volume with Moneris within the first 60 days following the date that the merchant processes the first credit or debit card transaction (the “Offer Processing Period”), provided that such first transaction is processed within the first 30 days of the Agreements.

The denomination of the GIFTPASS will depend on the Visa, Mastercard and/or Discover credit card volume processed by the merchant during the Offer Processing Period as follows:

$5,000 TO $9,999 $100
$10,000 TO $24,999 $150
$25,000 TO $49,999 $200
$50,000+ $300

Moneris will contact eligible merchants directly with information on the GIFTPASS denomination and how to redeem the GIFTPASS, the redemption of which will be subject to the terms and conditions of the GIFTPASS and (one GIFTPASS per eligible merchant). GIFTPASS must be used within 180 days of receipt. Moneris will not replace expired GIFTPASSES.

  • ® MONERIS, MONERIS & Design, MONERIS BE PAYMENT READY & Design, PAYD, MONERIS PAYD and GIFTPASS are registered trade-marks of Moneris Solutions Corporation. INTERAC is a registered trade-mark of Interac Inc. VISA is a registered trade-mark of VISA International. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. DISCOVER is a registered trade-mark of Discover Financial Services. All other marks and registered trade-marks are the property of their respective owners.