Canada Fee Schedule

All Fees are paid by the service provider
We have worked hard to try to ensure hat the costs are fair and non-prohibitive to doing business.Our fee structure is separated into 2 different fees; a Software Licensing fee and a processing fee.
Our minimum Software Licensing Fees is $3 per transaction and shall be capped at $10 per transaction. Our processing fee is a straight 3.90 % of the value of transaction with no minimums or maximums regardless of the dollar value of the transaction.
Please refer to the table below for your reference

Software Licensing Fee Table

Transaction Value WW Software License fee
$0 - $60 $3.00
> $60 - $80 $4.00
> $80 - $100 $5.00
> $100 - $120 $6.00
> $120 - $140 $7.00
> $140 - $160 $8.00
> $160 - $180 $9.00
> $180 - $200 $10.00
> $200 $10.00
Software Licensing Fees are based on the total value including Taxes , Tips are not subject to Software Licensing Fees

The maximum Software Licensing Fees incurred by any service provider with 1 (one) user per account is $59.99 / calendar month. For clarity; if a service provider invoices 5 jobs at $80 each the Software Licensing Fees will be $20 in total. Should the service provider invoice 50 jobs at $80 each ; the Software Licensing Fees will be $59.99 in the calendar month. 

Processing Fee Table

Transaction Value Processing fee
Any (No minimum and no maximum) 3.90 %
**The Processing fee is contingent on the total value of the transactions including tips, taxes and service fees**

Refund Fees

There are no Fees to refund a payment but WicWac’s Processing and Software Licensing Fees on the original transaction will not be returned incase of a refund.

Instant Payout

Our Payment processor Stripe Payments Canada, Ltd. hereby known as “Stripe” facilitates early payout and the cost according to their documentation is 1% of the transaction value + a minimum fee of $0.50. Its worthy to note the following:

Supports Instant Payouts for some of its debit cards

  • Bank of Nova Scotia
  • CIBC
  • Royal Bank of Canada (PLUS network cards)
  • TD Bank

Does not support Instant Payouts

  • Bank of America, National Association
  • Bank of Montreal
  • Banque Laurentienne du Canada
  • Collabria Financial
  • Canadian Tire Bank
  • Citibank, Canada
  • DirectCash Bank
  • Home Trust Company
  • ICICI Bank Canada
  • Industrial and Commercial Bank of China (Canada)
  • JPMorgan Chase Bank, NA
  • La Federation des Caisses Desjardins du Quebec
  • Manulife Bank of Canada
  • National Bank of Canada
  • PJSC Credit Agricole Bank
  • PNC Bank, National Association
  • Peoples Trust Company
  • Tien Phong Commercial Joint Stock Bank
  • U.S. Bank National Association
  • Vancity Community Investment Bank
  • Vancouver City Savings Credit Union

Dispute

CA$15.00 or CA$0
Disputed payments, such as chargebacks, incur a fee. If the customer’s bank resolves the dispute in your favor, the fee is fully refunded.

Stripe Services Agreement

Stripe Connected Account Agreement

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