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

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 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

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Why Interchange Plus Pricing Is the Best Way to Pay for Payment Processing

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?

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

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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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

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Payment Processing Articles

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 [...]

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What You Need to Know to Spot Hidden Payment Processing Fees

November 25 2024

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 [...]

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New Agreement Caps Interchange Fees for Some Small Businesses in Canada

October 21 2024

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 [...]

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