BUILDING SUPPLY INDUSTRY ASSOCIATION- July/August 2017 - 17

MERCHANT TIPS
DON'T FALL VICTIM

F

ollowing is a list of few of the items merchants should pay attention to regarding their merchant account. These rates
and fees are not always disclosed to merchants
when being solicited.

NFCA BOARD OF DIRECTORS
Chris Maskell
President
NCFA

Rick Wagner
Vice President
Maxwell Floors Ltd.

Eric Klaassen
Treasurer
Atmosphere Interiors Ltd.

Brent Coleman
Beatty Floors Ltd.

Mike Pajic
Miliken

Jason
Parachnowitsch
Mohawk Industries

Fred Rabiner
Shaw industries Inc.

Don Styka
Tarkett

Thomas Foreman
Executive Director

1. NON-QUALIFIED RATE
This rate is charged for all manual keyed, rewards cards and corporate cards etc.
This is charged in addition to the Qualified rate.

2. INTERCHANGE DIFFERENTIAL
These are the rates set by the card companies. It be will charged in
addition to the Non- Qualified Rate.

3. INTERCHANGE PLUS OR PASS THROUGH
Interchange rates are the rates charged by the credit card companies.
In this pricing model the company will pass on the costs and charge a
markup as their profit. Make sure to know what the markup will be.

4. CANCELLATION FEE AND TERM OF AGREEMENT
Make sure to find out how long the duration of the agreement is
and what the cancellation fee to terminate.

5. TERMINAL
Is the terminal covered by warranty? Who pays if it breaks or
becomes outdated?
Is the terminal a non-cancellable lease agreement, purchase or
monthly rental?

German Engineering for
Canadian Craftsmen
Weldmaster * Linocut * Pro Circle

BCFCA INDEX OF
ADVERTISERS
Merchant 1 Payments ������������������������������������������������������������������������������������������18
www�merchant1payments�com
UFLOOR Systems Inc� ������������������������������������������������������������������������������������������17
www�bit�ly/28PwxRG

wolfftools.com
www.bcfca.com

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BCFCA NEWS JULY/AUGUST 2017
17
17/07/17 6:58 pm


http://bit.ly/28PwxRG http://www.merchant1payments.com http://bit.ly/28PwxRG http://www.wolfftools.com http://www.bcfca.com

Table of Contents for the Digital Edition of BUILDING SUPPLY INDUSTRY ASSOCIATION- July/August 2017

Chairperson’s Message
Board of Directors
Calendar of Events
Education
BSIA Affinity Partner Program
Index to Advertisers
President’s Message: Last Word
Nanaimo Golf Tournament
BSIA Interior Golf Tournament
Lower Mainland Golf Tournament
BSIA Ladies Golf
BSIA Breakfast
Alumni Lunch
Board Meeting at Crown
Victoria Golf
Pumpkin Patch
Skate with Santa
Bissett Fasteners Acquires Air-IT-On
TIMBER MART Welcomes Centre Jardin St-Césaire
JELD-WEN Wins Energy Star Award
Habitat for Humanity Approved to Build New Home
Ryan Nelson joins CanWel Building Materials
Coast Supplies Duct Tape Fundraiser
Success of Doubletree Acquisition
Task Tools Launches New Blade
In Memory of George Waterman
Financial Wellness Series
President’s Message
BCFCA Upcoming Events
Expert Series by Ed Van Oene, Bay Resource Group Inc
BCFCA Board Members
BCFCA Events
BCFCA News and New Members
NFCA Quality Assurance Program
Merchant Tips: Don’t Fall Victim
BUILDING SUPPLY INDUSTRY ASSOCIATION- July/August 2017 - Intro
BUILDING SUPPLY INDUSTRY ASSOCIATION- July/August 2017 - bellyband1
BUILDING SUPPLY INDUSTRY ASSOCIATION- July/August 2017 - bellyband2
BUILDING SUPPLY INDUSTRY ASSOCIATION- July/August 2017 - cover1
BUILDING SUPPLY INDUSTRY ASSOCIATION- July/August 2017 - cover2
BUILDING SUPPLY INDUSTRY ASSOCIATION- July/August 2017 - 3
BUILDING SUPPLY INDUSTRY ASSOCIATION- July/August 2017 - 4
BUILDING SUPPLY INDUSTRY ASSOCIATION- July/August 2017 - 5
BUILDING SUPPLY INDUSTRY ASSOCIATION- July/August 2017 - 6
BUILDING SUPPLY INDUSTRY ASSOCIATION- July/August 2017 - Chairperson’s Message
BUILDING SUPPLY INDUSTRY ASSOCIATION- July/August 2017 - Board of Directors
BUILDING SUPPLY INDUSTRY ASSOCIATION- July/August 2017 - Lower Mainland Golf Tournament
BUILDING SUPPLY INDUSTRY ASSOCIATION- July/August 2017 - Board Meeting at Crown
BUILDING SUPPLY INDUSTRY ASSOCIATION- July/August 2017 - BCFCA Upcoming Events
BUILDING SUPPLY INDUSTRY ASSOCIATION- July/August 2017 - Expert Series by Ed Van Oene, Bay Resource Group Inc
BUILDING SUPPLY INDUSTRY ASSOCIATION- July/August 2017 - BCFCA Board Members
BUILDING SUPPLY INDUSTRY ASSOCIATION- July/August 2017 - BCFCA Events
BUILDING SUPPLY INDUSTRY ASSOCIATION- July/August 2017 - BCFCA News and New Members
BUILDING SUPPLY INDUSTRY ASSOCIATION- July/August 2017 - NFCA Quality Assurance Program
BUILDING SUPPLY INDUSTRY ASSOCIATION- July/August 2017 - Merchant Tips: Don’t Fall Victim
BUILDING SUPPLY INDUSTRY ASSOCIATION- July/August 2017 - 18
BUILDING SUPPLY INDUSTRY ASSOCIATION- July/August 2017 - JELD-WEN Wins Energy Star Award
BUILDING SUPPLY INDUSTRY ASSOCIATION- July/August 2017 - Ryan Nelson joins CanWel Building Materials
BUILDING SUPPLY INDUSTRY ASSOCIATION- July/August 2017 - In Memory of George Waterman
BUILDING SUPPLY INDUSTRY ASSOCIATION- July/August 2017 - Financial Wellness Series
BUILDING SUPPLY INDUSTRY ASSOCIATION- July/August 2017 - Education
BUILDING SUPPLY INDUSTRY ASSOCIATION- July/August 2017 - 24
BUILDING SUPPLY INDUSTRY ASSOCIATION- July/August 2017 - Index to Advertisers
BUILDING SUPPLY INDUSTRY ASSOCIATION- July/August 2017 - President’s Message: Last Word
BUILDING SUPPLY INDUSTRY ASSOCIATION- July/August 2017 - cover3
BUILDING SUPPLY INDUSTRY ASSOCIATION- July/August 2017 - cover4
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