Is Debit Interac Better Than Credit Cards (Visa, MC)…?
Merchant services are fuelled by necessity. Any business success is incumbent upon weather or not consumers utilize their product or service. So if there is no need, no demand no necessity then there...
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Top Five Merchant Account FAQ’s
Common Merchant Account FAQ’s From Years and Years of Experience I have worked in Customer Service for many years. I have also worked in sales and both tasks require the same logistics and tools to be...
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Chargebacks – Another Reason to Make Sure your POS is EMV Ready
You check your bank account to do some reconciling for your business and you notice that there is a debit from your account by your Acquirer for a transaction you deposited over a month ago. When you...
View ArticleMerchant Account Fees – What to expect
So you’ve decided to go into business. Congratulations! Now you need a way to accept payment. While accepting cash for your goods and services is a necessity… the reality is, 85% of Canadians prefer to...
View ArticleHow is Credit Card Payment Processing is Safer Then Cash
Cash and the physicality of it I believe will soon be a payment method of the past. Will it go away completely? Not in our lifetime, but the security inherit with using Electronic methods like credit...
View ArticleWhat Will Happen If Your POS Terminal is Not EMV Certified
EMV stands for Europay, MasterCard and VISA, the global standard for inter-operation of integrated circuit cards (IC cards or “chip cards”) and IC card capable point of sale (POS) terminals and...
View ArticlePayment News: Head of Visa Leaves
And…in another interesting turn of events in the merchant processing industry. Yesterday, Tim Wilson, Head of Visa Canada abruptly left his role with little to no information provided to the public. A...
View ArticleCompassion Anyone?
A little bit of a different spin in today’s blog post. It’s easy to get caught up in the everyday struggles of being a merchant and just trying to make a living at the end of the day. But in light of...
View ArticleClass Action Suit Filed against Visa and MasterCard
In what appears to be the continuing dramatic saga of the credit card processing industry, on Tuesday March 29, Branch MacMaster LLP and Camp Fiorante Matthews have filed a national class action suit...
View ArticleGift Cards and Merchant Accounts
Moving to an electronic giftcard program is not only a smart decision for your business in terms of saving money but it widens your appeal to the general public. But where do you start? First, you need...
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