Mercury Payment Systems

This contract is for credit card processing services between the City of Tucson and cLear Digital Networks, with a term of 8 years. The services include authorization and electronic draft capture of credit card transactions, outclearing of transactions to card associations, settlement, dispute resolution, and transaction-related reporting. The contract also outlines the procedures for merchant responsibilities, including compliance with card association rules and regulations, and the fees associated with the services. • The contract is for credit card processing services for the City of Tucson. • The vendor is cLear Digital Networks. • The term of the contract is 8 years. • The contract outlines the procedures for merchant responsibilities, including compliance with card association rules and regulations. • The contract includes fees associated with the services, including a rate of 0.10% for Visa/MasterCard/Discover credit transactions. • The contract requires the merchant to comply with all applicable laws, rules, and regulations related to cardholder data security and storage. • The contract includes a personal guaranty, which guarantees the performance of the merchant's obligations under the contract.