ClubReady Fees Descriptions

CLUBREADY SOFTWARE FEE	Access to the ClubReady software.
REMIT STATEMENT FEE	This is an administrative fee for processing, emailing, and publishing your remits.
ACH SERVICE FEE	This is an administrative fee for the cost of processing ACH remit deposits from the ClubReady trust account to your banking institution based on your remit deposit schedule.
PCI COMPLIANCE FEE	ClubReady’s bank, and all the major credit card brands, require that certain internal and external safeguards be in place to maintain “PCI compliance.” ClubReady uses a tool called Trustwave™ to ensure compliance standards are met. This fee helps cover the administrative costs of compliance.
CHARGEBACK FEE	Fee applies where Member disputes a charge they’ve made to Subscriber. The issuing bank assesses ClubReady a chargeback fee that we, in turn, must pass on to the Subscriber.
CREDIT CARD INQUIRY FEE	Fee applies where Member’s bank requests documentation from ClubReady to support a credit card charge. This fee is an administrative charge to help cover ClubReady’s expenses associated with complying with the request.
RETURN ITEM FEE	Fee applies whenever an electronic payment is returned, rejected, or declined. The fee is collected directly from the Member, not Subscriber.
CREDIT CARD UPDATER FEE	Fee applies when we receive a response from the member's bank regarding their account. This could be an updated credit card number, expiration date or a message to contact the member.