What You Need to Know About Credit Card Processing Fee’s in Canada Every time a credit card is swiped to purchase any goods and services, there are a few costs associated. These credit card processing fees are applicable to every transaction and every business in Canada that is accepting credit cards as a method of [...]
Did Your Merchant Account Provider Send You This Letter?
It is almost April 1st 2009 which means most providers will be adjusting their (MDR’s) Merchant Discount Rates in Canada because Visa adjusts their interchange rates. Look through your statements over the last 2 months and see if you received anything like you saw in the video above. If you did, this is a good [...]
The Critical Canadian Merchant Services Guide – Part 8
Three Insider Money Saving Tips for Merchant Accounts Tip number one: If you run a business where you need to take a deposit (like a motel) or pre-authorization (as in a car rental biz) over the phone, then do the pre-authorization, but don’t close it out as a pre-auth because you will then be charged [...]
The Critical Canadian Merchant Services Guide – Part 7
Become a seasoned Pro at understanding how credit card processing fees work through real life case studies. Case Study One: Company A: Debit Transaction at 0.12 cents 576 Debit Transactions that month Total Monthly Debit Business Volume: $13,876.00 Average Ticket: $23.56 0.12 cents x 576 = $69.12 in monthly Debit Fees Company B: Debit Transaction [...]
The Critical Canadian Merchant Services Guide – Part 5
Choose the ‘Right’ Merchant Service Provider by Avoiding these 3 Common Mistakes Made by Most Small Business Owners. You learn things several ways. One way is simply going out there and doing something and learning from your mistakes. Another way is to learn what others have done wrong and make sure you don’t repeat their [...]
Reviews
Canada Card Processing
Huge Time Saver“Whether you are starting out in your search for a merchant account or looking to move an existing account ‘Canada Card Processing’ is the right place. The wealth of knowledge available on their site is a great time saver in trying to wade through all the mumbo-jumbo. The pricing is better than competitive right out of the gate. No hidden costs and great follow up and continuing education. I have an existing merchant account that I am going to move when the contract is up. A pleasure to do business with.”
Rating by Ernie Prommer: stars
