Fees
We know that cost is a factor in any purchase. When comparing rates, please keep in mind the various fees usually charged by banks and credit card companies. As you will see from the chart, there are so many different types of fees that add up to the total cost of processing. It’s not just a % rate, there are more fees that you may not even know you are paying! With IATS there is one simple fee structure, agreed upfront with no surprises. In addition to the fees, be sure to review the time that could be saved by using an efficient, automated system. IATS has been designed specifically to save nonprofits time, which in turn will decrease the overall cost of processing transactions.

Contact us today at 1-866-300-4287 or email iats@ticketmaster.ca and our account team will provide you with a quote.

Bank Deposits
With IATS, US and Canadian-based organizations receive bank deposits for Visa and Mastercard transactions within 24-48 hours. For American Express, Diners Club and Discover card transactions the deposits are made every week. Funds processed from Sunday to the following Saturday are held in trust and transferred to you by electronic funds transfer on the Thursday of the following week. The amount transferred is net of the IATS individual transaction fees and any applicable taxes.

Using our real time reporting system, you can see what will be deposited into your account during the next deposit cycle. This saves you time and avoids the need to reconcile confusing and lengthy bank statements.