PNC Bank Canada Financial Services Terms

We have translated the English version of this page into French. This translation is for informational purposes only and the definitive version of this page is the English version.

Nous avons traduit la version anglaise de cette page en français. Cette traduction n’est disponible qu’à titre informatif : la version officielle est la version anglaise.

Last updated: January 13, 2026

These PNC Bank Acquirer Terms (“Member Bank Terms”) are additional terms applicable to the Stripe Payments Services for Visa and Mastercard products for which PNC Bank Canada Branch (“Member Bank”) is a Payment Method Acquirer (“VM Payment Processing Services”). In these Member Bank Terms, Visa and Mastercard may be referred to individually as a “Network” and collectively as the “Networks”, and the rules issued by a Network are the “Network Rules.” Additionally, for purposes of these Member Bank Terms, if you are registered with a Network pursuant to applicable Network Rules, you are considered “Network Registered.” Any terms used but not defined in these Member Bank Terms will have the meaning provided in the Stripe Services Agreement (“Agreement”).

These Member Bank Terms constitute a legal agreement among you, Stripe, and Member Bank, with offices at The Exchange Tower, 130 King Street West, Toronto, ON M5X 1E4. The legal agreement is formed by Member Bank’s and Stripe’s offer of these Member Bank Terms to you, your acceptance of these Member Bank Terms, and Member Bank’s and Stripe’s subsequent provision of VM Payment Processing Services to you.

These Member Bank Terms are offered to you, and the legal agreement established by these Member Bank Terms becomes effective as provided below.

• For all users of the VM Payment Processing Services, except Network Registered users: These Member Bank Terms become effective only when you process more than the applicable Transaction volume threshold amount established by a Network (the “Network Established Threshold”), currently USD$1 million in Transactions on a Network within any twelve-month period. Importantly, the Network Established Threshold for effectiveness of these Member Bank Terms is set by each Network, and either Network may change its threshold for effectiveness of these Member Bank Terms at any time with no notice to you. Until you process more than USD$1 million in Transactions on a Network (or such other Network Established Threshold as set by either Network), these Member Bank Terms are not effective, and you do not have a direct legal agreement with Member Bank with respect to the VM Payment Processing Services.

• For Network Registered users of the VM Payment Processing Services: These Member Bank Terms become effective when you process your first Transaction on a Network through Member Bank.

You understand and agree that Stripe or Member Bank may enforce any provisions of the Agreement that relate to Stripe or Member Bank’s provision of or your use of the VM Payment Processing Services, and you acknowledge that you are directly responsible to Member Bank under the Agreement for any liability to Member Bank caused by your breach of the Agreement. Stripe or Member Bank may also terminate these Member Bank Terms at any time, which may limit or terminate your ability to use the VM Payment Processing Services. Further, either Network may, at any time for any reason, terminate these Member Bank Terms with respect to the VM Payment Processing Services for its products.