IATS Payments (Canada) – Terms and Conditions
(American Express, Visa, MasterCard, and all other payment card brands)
The improvements in service described in the email communication sent on July 31st, 2017 require certain revisions to our contract document and to our processor relationships. Effective September 3rd, 2017, the terms of your service provided by iATS will change as stated in the Amendment to iATS Canadian Merchant Agreement, which you can review by clicking on this link or by visiting http://home.iatspayments.com/media/320598/iats-payments-canada-amendment-and-appendix-july-2017.pdf.
In addition to this contract change, on or after September 3rd, 2017, iATS will assign certain processing responsibilities for American Express®, Visa®, MasterCard®, and other payment cards, and the applicable contract terms, to Paysafe Financial Services (Canada) Inc. or Paysafe Merchant Services Inc. and, as applicable, its sponsor bank (collectively, “Paysafe”). If you do not wish to agree to this change in contract terms or the assignment to Paysafe, please notify us, in writing, by sending an email to email@example.com before August 31st, 2017, and you may continue to process with iATS without any change to your processor or the terms of your service. Absent our receipt of your written notice to the contrary as stated above, your submission of a transaction for processing by iATS on or after September 3rd, 2017, will constitute your acceptance of and agreement to this change in your terms of service and processor.