The Evolution of Mobile Payment Processing: A Look at the Latest Trends and Innovations
After being in the payment processing industry for more than a decade now, it’s crazy to think back to how primitive things were when we got started. Back then, people were still swiping their credit cards, while mobile payment processing was a relatively new concept, and it’s funny to think about how foreign that
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
What You Need to Know to Ensure You’ve Got Secure Payment Processing
When you own a business, the last thing you want to worry about is fraud. But sadly, even with all the technological advancements that have been made to mitigate this risk, it’s still a big problem for businesses around the world. For example, in a Forbes Advisor poll, 33 per cent of small business
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How a Virtual Payment Terminal Can Cut the Cost of Payment Processing
We constantly get calls from business owners complaining about the cost of payment processing. Whether it’s interchange fees, markup, equipment rentals, or something else altogether, the fact of the matter is payment processing can cost business owners a lot of money, and they are not happy about it. Unfortunately, part of the reason for this
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If we were to take inventory of all the things business owners are confused about, payment processing would definitely be high up on that list. Among other uncertainties, many business owners have no idea how to read their monthly statements, why they’re being charged such high fees, what those fees are for, or who’s collecting
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If you own a business, and you want to accept credit card payments, you’re going to have to pay interchange fees. There’s just simply no way around it. If you accept payments with credit cards or debit cards, your bill for payment processing is going to include these fees. But despite the ubiquity of interchange
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Want to Save Money on Payment Processing? Stop Giving Your Business to Banks
For years, the banks held a pseudo-monopoly over the payment processing industry. When it came to payment processing, they were basically the only game in town, and even today, many people still believe banks are the only legitimate providers of this service. But the fact of the matter is, for many years now, there have
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You May Be Eligible for an Interchange Fee Rebate from this Credit Card Class Action Settlement
Business owners in Canada pay some of the highest interchange fees in the world. And as part of our commitment to doing what’s best for business owners, we want to do whatever we can to help them save money on the cost of payment processing. That being said, we think it’s important to make business
Like it or not, if you own a business, and you want to accept payments with credit cards and debit cards, you’re going to have to pay interchange fees. And unfortunately for Canadian business owners, interchange rates in Canada are some of the highest in the world. Throughout the pandemic, this issue was exacerbated, as
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3 Things to Consider When Setting Up Online Payment Processing
The world of eCommerce can be confusing and intimidating, to say the least. But the fact of the matter is, in today’s world, most business owners need online payment processing. Especially when you consider all the public health restrictions imposed over the last couple of years, it’s not surprising that online shopping is in such
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February 17 2026
What Is Real-Time Rail (RTR) and When Is It Coming to Canada?
If you’ve been following payment industry news in Canada, you’ve probably heard the term real-time rail more than once. [...]
November 24 2025
What Canadian Business Owners Need to Know About the New Wave of E-Transfer Scams
If you run a business in Canada, there’s a good chance you rely on e-transfers, as they’re quick, familiar, [...]
August 12 2025
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 [...]
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