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Merchant Services Incentives

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» Vantage Points
  · Enroll in VP
  · VP Rules
  · VP Rewards

Vantage Points: A Merchant Loyalty Program

What do we mean by Merchant Loyalty?

Does it mean that we are asking our clients to be loyal regardless of what price we charge or level of service we provide? Of course not! Our definition of merchant loyalty is that you call us first, before you sign to switch providers, and give us an opportunity to review the competing offeror's rates and terms with you. That’s all we ask.

We want you to feel very comfortable that you are getting the best value when you select Vantage. If you don't, you will not refer us to others. And we count on your positive referrals to grow our business.

Please give us an opportunity to present Vantage in an "apples to apples" comparison with any other competitive proposals you receive. Remember, every processing company operates from the same interchange rate schedule. We don't want to lose our good customers to gimmicks and tricks.

Obviously there are other considerations besides rates. Differences in the pricing structure, account set up and POS system configuration will impact your bottom line. And it is this consulting and education that we specialize in providing to you. So please consider the Vantage Points program as an incentive to call us before you switch.

We thank you for your consideration and the opportunity to earn your trust, loyalty, and business every day.

Ty Hardison
VP Business Development
Vantage Card Services, Inc.

Program Rules and Regulations

Important Notice: Vantage Card Services reserves the right to change the Vantage Points program ("Program") Terms and Conditions at any time. This means, for example, that Vantage Card Services may change the amount of transactions required to redeem an award, impose caps on earnings and/or redeeming points, increase the annual program fee and/or cancel rewards. In addition, Vantage Card Services reserves the right to terminate the program with 30 days notice, which means that a Merchant's right to earn points and redeem accumulated points can be terminated with 30 days notice to Merchants. The Vantage Points program is void where prohibited by law.


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General
1. The request for conversion of points from the Program account for redemption of a Reward must be made by the authorized signor of the merchant account with Vantage Card Services, or an individual authorized by the merchant in writing. Requests for conversion of points or redemption of a Reward must be initiated by calling Vantage Card Services at 1-800-397-2380. The maximum number of Vantage Points that can be redeemed each calendar month is equal to a single reward redemption or thirty thousand (30,000) points combined total for all linked accounts.
2. Fraud or abuse relating to the accrual of points or redemption of Rewards may result in forfeiture of accrued points as well as cancellation of the Program account and any Vantage Card Services merchant account.
3. All questions or disputes regarding eligibility for the Program or the eligibility of points for accrual or conversion of points or redemptions of Rewards will be resolved by Vantage Card Services at its sole discretion.
4. The determination of tax liability for any federal, state, or local taxes, as may be applicable, arising out of the accrual or conversion of points or redemption of Rewards in the Program, shall be the sole responsibility of the enrolled merchant.
5. Vantage Card Services is not responsible for typographical errors and/or omissions in this online brochure.
6. This brochure and these Terms and Conditions supersede all previous Vantage Point program brochures and Terms and Conditions.

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Rewards
1. All Rewards are subject to availability. Certain Rewards are available only during the time periods described in the Program communications. Certain restrictions apply to Rewards. Terms and Conditions of each Reward are set forth in Program communications and/or on the gift cards (certificates). Program partners participating in the Program are subject to change. Some Rewards have limited availability.
2. Redeemed Rewards are not refundable, exchangeable, replaceable, redeemable, or transferable for cash, credit, other Rewards, or points under any circumstances.
3. By redeeming Rewards, the Merchant releases Vantage Card Services and its parent company, subsidiaries, and affiliates from any and all liability regarding the redemption or use of Rewards, or other participation in the Program.
4. Rewards must be redeemed in accordance with Program communications. Vantage Card Services and participating merchants are not responsible for replacing lost, stolen, or mutilated certificates or tickets.
5. Vantage Card Services reserves the right to modify or cancel any Reward at any time.
6. Any additional travel or accommodation arrangements made in connection with any Reward will be the sole responsibility of the Merchant.

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Eligibility
1. The Program is available to all merchants with card processing agreements with Vantage Card Services, Inc.
2. Additional locations are enrolled separately and assigned a Vantage Points identification number. Vantage Points may be combined from multiple location accounts to be redeemed for awards.
3. There is a $0 annual fee for participation in the Program, except as otherwise provided.
4. The annual fee for the Program will be billed on the Merchant's account on the enrollment date, and thereafter, automatically each year during the enrollment month anniversary, and is not refundable. The enrollment month will be considered the month the Program enrollment application processing is completed by Vantage Card Services.
5. All linked accounts must be in good standing at the time of enrollment. Any account that is not in good standing at the time of enrollment will not be eligible for enrollment in the Program.
6. Annual renewal fees may be waived under certain conditions and special offerings from time to time.

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Point Accrual
1. Each Merchant enrolled in the Program will accrue one point in his/her Program account for every one MasterCard, Visa and Discover (Discover effective May 1, 2008) sales transaction (transaction) processed or one point for every $50 in MasterCard, Visa and Discover sales dollar volume processed, whichever is greater, during the month of activity on their linked accounts and billed on the Merchant's statement provided such charges are paid.
2. The Merchant will not accrue points in his/her Program account for any sales transaction processed by Vantage Card Services prior to the enrollment date.
3. Points accrued in a Merchant's Program account for any given year will be carried forward on each enrollment date anniversary, provided all other conditions set forth herein have been met.
4. The Merchant will not accrue points in his/her Program account for the following:
· Travel and Entertainment cards (including American Express, Diners, etc.)
· Debit cards
· Credit transactions
· Chargeback transactions
· Authorization-only transactions
· Deposit transactions
5. Points accrued in any Program account do not constitute property of the Merchant and are not transferable by operation of law or otherwise to any person or entity and cannot be transferred to any other Program account.
6. Credits posted to a Merchant's Linked Account, including those arising from returned goods or services, will reduce the points accrued in the Merchant's Program account.
7. If a credit posted to any of the Merchant's Linked Accounts reduces the Program account balance below the minimum required to convert points into a participating Frequent Customer Program or to redeem a Reward, Vantage Card Services reserves the right to decline the Merchant's request to convert points into a participating Frequent Customer Program or to redeem a Reward.
8. Points accrued in the Program account have no cash or monetary value.
9. Points may be accrued in the Program account by bonus awards for signing up for Vantage Card Services products and services from time to time.

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Frequent Customer Programs
1. Points accrued in the Merchant's Program account may be converted into any one or more participating Frequent Customer Programs at the "then current" published conversion rate.
2. Merchants are subject to and must comply with the Terms and Conditions of the Frequent Customer Programs of the participating airlines and hotels in which they are enrolled.
3. Some restrictions, including blackout dates and capacity controls, apply to participating Frequent Customer Programs. For exact blackout dates and restrictions, please contact the participating airline or hotel directly.
4. Participating airlines and hotels may periodically make changes such as award-level changes, blackout-date changes, or capacity-control changes to their Frequent Customer Programs. Vantage Card Services is not responsible for informing Merchants of changes to participating Frequent Customer Programs.
5. Vantage Card Services assumes no responsibility for points converted from a Merchant's Program account into a participating Frequent Customer Program or for the actions of any participating airline or hotel in connection with its Frequent Customer Program or otherwise.
6. Any airline's or hotel's participation in the Program is subject to change with or without notice.
7. In the event that notice must be given that an airline will cease participation in the Program, Vantage Card Services reserves the right to limit the number of points, to an amount no less than 30,000 points, that a Merchant may convert into that airline's frequent flyer program prior to the date that the airline's participation in the Program ceases.

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Certificates
1. Certificates may be combined unless stated otherwise on the certificate or in the Rewards Guide.
2. Certificates are valid at participating partners only, through the expiration date printed on the front of the certificate.
3. Certificates must be surrendered at redemption, and no photocopies of certificates will be honored.
4. Fulfillment of the certificate is the sole responsibility of the participating partner, not Vantage Card Services.
5. Certificates are not valid toward previous purchases and cannot be used as payment on existing account balances with either the participating partner. Certificates have no cash value and may not be redeemed for cash or its equivalent, and any unused portion will not be returned as cash.
6. Certificates are transferable unless otherwise noted on the certificate.
7. Expedited delivery of a certificate is available upon request. There is a fee associated with this service.
8. Certificates are void where prohibited by law.
9. Certificate Rewards are valid until the term indicated.
10. Unless otherwise stated on the certificate, certificates for Rewards offered do not include any federal, state, or local taxes, which are the sole responsibility of the Merchant.
11. Unless otherwise stated on the certificate, certificates for Rewards offered do not include any federal, state, or local taxes, which are the sole responsibility of the Merchant.
12. Some certificates require an additional charge for shipping and handling.

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Program Account
1. Points accrued in the Merchant's Program account may be converted for a Reward, provided all of the Merchant's enrolled linked accounts are in good standing and not canceled or terminated by Vantage Card Services at the time of the conversion, redemption request, or time of delivery. If any linked account is not in good standing, the Merchant's enrollment in the Program may be canceled or points accrued in the Program may be forfeited. If the Merchant returns to good standing any linked account for which points have been forfeited, the Merchant may request reinstatement of the forfeited points. There is a fee for point reinstatement.
2. If for any reason Vantage Card Services cancels any linked account, any points accrued in the Program account(s) will be forfeited.
3. If a Merchant cancels a Linked Account or cancels all Vantage Card Services accounts, all points accrued in the associated Program account will be forfeited immediately.
4. Once accrued points in a Merchant's Program account have been converted into a participating Frequent Customer Program or redeemed for a Reward, the points cannot be converted back into the Merchant's Program account.

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