Visa Interchange Rates in Canada Are Changing, But Will Your Business Actually Save?
What Do I Need to Know About the New Visa Interchange Rates in Canada? Visa is changing several domestic credit interchange rates in Canada on October 24, 2026. Several consumer interchange rates are decreasing, while the rate on the standard Visa Business Credit card is increasing. But whether your business actually saves money will depend
How Can Tradespeople Benefit From Mobile Payment Solutions? Tradespeople can benefit from mobile payment solutions because they make it easier to accept payments wherever work is being done. Instead of asking customers to call in their credit card number or wait for an invoice, a mobile payment terminal allows them to pay on-site when the
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What You Need to Know About Credit Card Surcharges in Canada
Canadian business owners have long voiced their frustration over the high cost of accepting credit card payments. And up until recently, if you wanted to be able to process credit card transactions, this cost was unavoidable and non-negotiable. Merchants had no legal way to pass even a portion of these fees on to customers
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If you allow customers to pay with debit or credit, then your payment processor is like the backbone of your business. Among other things, a great processor will ensure transactions are seamless, costs are kept to a minimum, and customers remain satisfied. But if you’re with a payment processor that subjects you to things like
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The first few weeks of the new year are always a great time for reflection, no matter who you are. And if you’re a business owner, it’s the perfect time to take stock of everything related to your business. Whether it’s setting objectives for the coming year, determining whether you reached the goals you set
What You Need to Know to Spot Hidden Payment Processing Fees
No matter how you slice it, if you own a business, you’re going to need a payment processor. But trying to decide which processor to choose can be incredibly confusing, not least because of how difficult it is to decipher their pricing. The reality is, this stuff is often so convoluted, and processors can be
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New Agreement Caps Interchange Fees for Some Small Businesses in Canada
As we’ve been saying since we started in this industry, Canadian businesses are paying way too much when it comes to interchange fees. But an agreement between the feds, Visa, and Mastercard, which just came into effect last week, may be able to provide some relief, at least for some small businesses. Truth be told,
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Why Interchange Plus Pricing Is the Best Way to Pay for Payment Processing
If there was an award for the most convoluted industry on the planet, payment processing would probably win by a landslide. And if we had to choose the most needlessly complex aspect of our industry, it would have to be how processors choose to charge for their services. Whether they’re using interchange plus pricing, tiered
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Lucid Payments vs. Square: Which One Is Best for Your Business?
As we’ve said countless times before, the payment processing industry suffers from a serious lack of clarity. Business owners don’t understand it, processors aren’t making it any easier to understand, and unfortunately, they’re benefiting from maintaining that status quo. We, on the other hand, have chosen to take a different approach by putting the best
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Bettering Your Bottom Line: How to Save Money on Credit Card Processing Fees
As much as we hate to say it, the truth is Canada’s economy is not doing very well. After several years of unprecedented business disruptions, along with soaring inflation and interest rates, Canadians aren’t spending the way they used to, and businesses that have made it through these trying times are feeling the pinch like
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September 24 2026
Visa Interchange Rates in Canada Are Changing, But Will Your Business Actually Save?
What Do I Need to Know About the New Visa Interchange Rates in Canada? Visa is changing several domestic [...]
August 24 2026
Where’s My Money? Why Payment Processors Hold Funds and Delay Deposits
Why Do Payment Processors Hold Funds and Delay Deposits? Payment processors may hold funds or delay deposits when transaction [...]
May 26 2026
The Benefits of Mobile Payment Solutions for Tradespeople
How Can Tradespeople Benefit From Mobile Payment Solutions? Tradespeople can benefit from mobile payment solutions because they make it [...]
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