Our members have spoken and credit card rates continue to be one of the top 3 issues affecting their business operations.
In response, Restaurants Canada has been lobbying the federal government on behalf of our industry to achieve rate stability and greater fairness in the payment industry. Due in large part to efforts made by our federal lobbyists, we are pleased to announce the decrease in interchange rates – which means lower MasterCard rates.
This is a step in the right direction. Restaurants Canada will continue to be a leading agent for positive change in the payment industry. We will keep working with Visa, MasterCard and the federal government to bring better solutions and increased transparency for our members.
Are you interested in learning more about interchange rates and how they affect your business?
Check out the new pricing for members on our credit card program starting Dec. 1, 2016.
If you’re currently not with Chase Paymentech, our valued partner, we encourage you to get a free cost analysis. Chase Paymentech will review your recent payment processing statements, help calculate your all-in cost including all charges and fees, and identify your bottom-line cost and potential savings.

 

Get in touch with Member Services for credit card program and membership inquiries at members@restaurantscanada.org or 1.800.387.5649. ext. 8006

Restaurants Canada (formerly the Canadian Restaurant and Foodservices Association) is a national association comprising 30,000 businesses in every segment of the foodservice industry, including restaurants, bars, caterers, institutions and their suppliers. Through advocacy, research, and member programs and services, Restaurants Canada is dedicated to helping its members in every community grow and prosper.

Canada’s restaurant industry directly employs more than 1.1 million Canadians, contributes $75 billion a year to the Canadian economy (including commercial and non-commercial foodservice), and serves more than 18 million customers every day.