Under the agreement, ACTA members will receive a preferential rate of 1.79% for Visa and MasterCard processing and $0.10 on Interac Direct Payment receipts with electronic deposits. VersaPay will also offer ACTA members preferred rates on terminal leasing, rental and purchase as well as installation.

VersaPay has offices in Vancouver, Montreal and Calgary, and partners with Chase Paymentech LLC (JP Morgan Chase), Scotiabank and many more.

“ACTA is thrilled to have negotiated such a plan with VersaPay for its members”, said Christiane Théberge, president and CEO of ACTA. “With the industry being maligned as a risky one by credit card acquirers, merchant fees had significantly increased over the last year. VersaPay is a partner who understands the retail travel industry and can offer great benefits to ACTA members.”

ACTA members can access more information through the ACTA members website or by contacting ACTA directly.