Visa/Mastercard credit card payment convenience fee increase to 2.25%

McMaster University is partnered with Moneris to provide students with an online credit card fee payment option. The credit card convenience fee is a non-refundable cost of making an online credit card fee payment.

Why do you need to know this? The convenience fee has increased from a rate of 1.9% of the fee payment amount to 2.25% and is paid directly to the service provider (Moneris) and not to McMaster University.

The convenience fee will be displayed as a separate charge on the online credit card payment receipt, and on the credit card statement. The credit card statement description will be displayed as “CONV FEE MCMASTER UNIV”.

There are other payment options that do not include a convenience fee and you can find those by visiting here.