Resolution No. 1-06

WHEREAS, the use of credit cards is getting more and more popular, from groceries to chemicals and fertilizers; and

WHEREAS, the Saskatchewan Municipal Hail Insurance Association is accepting credit card payments (for Additional Municipal Hail Insurance);

THEREFORE BE IT RESOLVED, that SARM investigate the possibility of using credit cards for the payment of land taxes.

Response from SARM:

SARM has obtained the following information for RMs who are interested in accepting credit cards for payment of land taxes: SARM has acquired the following rates from Moneris and Global Payments:

Moneris Application Fee $200.00
Visa/MasterCard Fee 2.00%
Transaction Fee .15
Minimum Monthly Discount* $ 20.00
Monthly Deposit Fee $ 5.99
Service Package** 5.00/month
Edge Fee*** —

Global Payments Application Fee $50.00
Visa/MasterCard Fee 2.00%
Transaction Fee .30
Minimum Monthly Discount* $ 20.00
Monthly Deposit Fee $ 5.99
Service Package** —
Edge Fee*** 36.00/year

Notes:
* A minimum of $20.00 will be charged to the account even if there are no transactions.
** This is for 24 hour/ 7 day a week telephone service.
*** This fee is optional and reduces the time it takes to deposit funds into your account from 4 to 2 business days.

If your RM wishes to rent or purchase additional equipment, such as a terminal, you will need to speak to the representative for pricing information. Contact information is as follows: Moneris Anuradha Rani 1-877-825-0361 Ext. 4160, Global Payments Steve MacGillivray 1-800-361-8170 Ext. 76003