Chamber Platform Fees
The Chamber Platform by Alberta Chambers of Commerce offers an integrated solution for chamber management, including membership management, events, websites, and the Chamber Market e-commerce system. To maintain these services, the platform operates on a fee structure designed to be fair and transparent for all chambers and their business members. This guide outlines the various fees associated with using the Chamber Platform and how they are distributed among stakeholders to ensure the platform's sustainability and continued development.
Fee Structure
Setup Fees
- Merchant Account Setup: A one-time reduced fee of $25 per application for setting up payment processing through Worldline
- Total Onboarding Cost: $50 one-time fee ($25 for each of the two required applications)
- One application for membership payments
- One application for other revenue streams (Events tickets, Chamber Market, etc.)
Transaction Fees
- Total Transaction Fee: 4.95% per transaction for all goods and services sold through the marketplace
- Fee Distribution:
- 2.55% to Worldline (payment processor)
- 1.15% to the Local Chamber
- 0.25% to the Alberta Chambers of Commerce
- 1.00% to the Chamber CRM/Market Platform maintenance
Payment Processing
- Chambers require two separate payment processing accounts:
- One dedicated to handling membership payments
- One for managing all other forms of revenue (events, marketplace sales, etc.)
- Worldline facilitates direct deposits to vendors on the third business day after transactions
When a customer purchases products from multiple vendors in a single transaction, each vendor receives their payment directly, less the applicable transaction fees.
Chambers interested in covering the merchant account setup fee for their vendors should contact the Alberta Chambers of Commerce at [email protected] for arrangements.