PNC Merchant Services®

Merchant Services are provided by PNC Merchant Services Company and subject to application, credit review of the business and its owners, and approval. Promotional offer is only available for qualified new and approved Small Business Customers of PNC Merchant Services Company (“New PNC Merchants”) between January 1, 2025 and December 31, 2025 (“Promotional Period”). Existing customers of PNC Merchant Services Company (“PNCMS”) and businesses with more than $5 million in annual revenue (or more than $10 million in annual revenue if healthcare business) are excluded from this promotion. To qualify for a statement credit, New PNC Merchants must ( i ) execute a PNC merchant agreement with PNCMS, (ii) establish a new PNC merchant services account approved by PNCMS (assigned a merchant account number) during the Promotional Period, (iii) use device(s) other than, or in addition to, the Electronic Payments Center (“EPC”), Clover® Go, and/or Clover® Account-Only and (iv) submit Valid Transactions to PNCMS for processing with a gross dollar value during any Quarter Period equal to (A) $250,000 or more (“Threshold 1”) (B) $100,000 to $249,999 (“Threshold 2”), (C) $10,000 to $99,999 (“Threshold 3”), or (D) $2,500.00 to $9,999.99 (“Threshold 4”). Valid Transactions are debit or credit card transactions submitted to PNCMS for full-service processing (authorization and settlement) and do not include authorization-only transactions, EPC transactions, Clover® Go transactions or Clover® Account Only transactions. A Quarter Period means any one of the four (4) quarterly (three-month) billing periods measured from when PNCMS approves New PNC Merchant’s merchant account. Small Business Customers are either (a) health care business with annual revenue less than $10 million or (b) any other business industry with annual revenue less than $5 million.

A statement credit will be issued typically within two billing cycles from the end of each Quarter Period once PNCMS determines all qualifying criteria have been satisfied for such Quarter Period, as applicable. New PNC Merchants meeting Threshold 1 will be issued a statement credit equal to $375.00. New PNC Merchants meeting Threshold 2 will be issued a statement credit equal to $150.00. New PNC Merchants meeting Threshold 3 will be issued a statement credit equal to $75.00. New PNC Merchants meeting Threshold 4 will be issued a statement credit equal to $35.00. The statement credit is a one-time credit and up to four (4) statement credits are available to each New PNC Merchant under this promotion. Any statement credit, if earned, will be forfeited if the PNC merchant services account is closed before the credit is awarded. The statement credit may be reported on IRS Form 1099-INT (or other appropriate tax form) for the year in which you receive your statement credit.

PNCMS reserves the right, in its sole discretion, to modify, suspend or withdraw the qualifying criteria, statement credits or this promotion at any time. This promotion is not valid with any other PNCMS offer.