Feds Finally Reach Deal With Visa and Mastercard to Lower Interchange Fees for Small Businesses in Canada

Feds Finally Reach Deal With Visa and Mastercard to Lower Interchange Fees for Small Businesses in Canada

For many years, Canadian merchants have been forced to pay some of the highest interchange fees in the world. According to a Bank of Canada report, in 2018 alone, Canadian merchants paid more than $11 billion for the privilege of accepting credit card payments. But a new agreement between Visa, Mastercard, and the federal government

READ MORE -> from Feds Finally Reach Deal With Visa and Mastercard to Lower Interchange Fees for Small Businesses in Canada

What our clients say about us

Payment Processing Articles

Why Now Is the Best Time to Support Payment Processors in Canada

February 27 2025

Why Now Is the Best Time to Support Payment Processors in Canada

For many years now, we’ve been supporting the local businesses we love and encouraging our fellow citizens to support [...]

Read More ->

5 Signs It’s Time to Switch Payment Processors

January 24 2025

5 Signs It’s Time to Switch Payment Processors

If you allow customers to pay with debit or credit, then your payment processor is like the backbone of [...]

Read More ->

Searching for the Cheapest Payment Processing? Why the New Year Is the Best Time to Weigh Your Options

December 18 2024

Searching for the Cheapest Payment Processing? Why the New Year Is the Best Time to Weigh Your Options

The first few weeks of the new year are always a great time for reflection, no matter who you [...]

Read More ->

Let’s Simplify Your Payment Processing