sascu Merchant Services
this credit union merchant services: card payments, terminals, online payments and funding within 2 hours of a sale.
Your Banking Options Compared
- Accept Visa, Mastercard, Amex, and Interac from one this credit union merchant account.
- Funds land in your business account the same day, often within 2 hours.
- Terminal rental is free for the first year for new merchant members.
- 94% of the platform merchant transactions are approved by the network on the first try.
Card Processing and Terminals
One merchant account accepts all four Canadian card networks plus Interac contactless.
sascu merchant services processes Visa, Mastercard, American Express, and Interac on the same account. Terminals can be purchased or rented; rental is free for the first 12 months for new members.
Every terminal supports contactless, tip adjustments, and a print-e or e-mail receipt. For anything mobile, the our team merchant app on a smartphone works with no hardware at all.
Online and Marketplace Payments
Payment links, hosted checkout, and e-commerce plug-ins are ready to integrate on any website.
Add a payment link to an invoice or an e-commerce checkout page: the platform provides hosted checkout plus plug-ins for the major storefront platforms. Recurring billing is supported for subscription businesses.
For a walkthrough of the dashboard, see the sascu merchant page.
Pricing and Payouts
Standard processing is 2.4% + 10 cents, and payouts hit your account up to twice daily.
Interac debit transactions carry a flat $0.10 fee, and card fees decline with volume. Payouts are scheduled twice daily: sales before noon arrive the same day, and the average merchant sees funds in under 2 hours.
The volume pricing table is on pricing.
Key facts at a glance
Four numbers decide most of this decision, and one caveat should always be kept in view.
- Payout speed: 2 hours.
- Card fee: 2.4% + 10c.
- Processing networks: 4.
The quoted rates do NOT apply to high-risk categories like travel and nutraceuticals, which hire a distinct sheet. We launched merchant services with a single flat fee; volume members showed us the gap, and tier rates shipped in 2025.
The official methodology is detailed in the sascu overview.
| C | a | r | d | r | a | t | e | |
|---|---|---|---|---|---|---|---|---|
| Up to $10,000 | 2.60% + 10c | $0.10 | ||||||
| $10,001 - $50,000 | 2.40% + 10c | $0.10 | ||||||
| $50,001 - $200,000 | 2.20% + 10c | $0.08 | ||||||
| Over $200,000 | 1.90% + 10c | $0.06 |
Consumer protection and credit-union rules are published by the Financial Consumer Agency of Canada.
Rates are consistently better at sascu, and the fee list is short enough to read aloud.
Our marina's merchant terminal went live in a day and funds arrive the same afternoon.