The Critical Canadian Merchant Services Guide – Part 2
September 25, 2008 by Matthew Hunt · Leave a Comment
Why Card Processing is Important
Just look at Interac’s statistics on card processing in Canada:
Sixty-five percent of all sales are paid through Debit and/or Credit Cards in Canada. From my five years of experience working with many different businesses this can be much higher. If you have an e-commerce business it’s basically 100%. And a lot of other businesses, like restaurants and bars, can see up to 85-90% of their sales go on plastic.
Any sane business owner understands that, considering the types of statistics above, there is virtually no way to stay in business without having a merchant account.
But did you know not everyone can qualify for a merchant account?
Click here to discover how to increase your chances of qualifying for a merchant service account…
