When considering where to obtain merchant services, there is no shortage of providers to choose from now a days that’s for sure! There is no doubt that processing has become a lucrative business. Over time, the service has been de-regulated, so merchant’s have much more choice as to who they want their provider to be. [...]
The Critical Payment Processing Guide for Canadian Merchants
The Critical Payment Processing Guide for Canadian Merchants Discover how this Guide has helped 100’s & 100’s of Canadian business owners cut their payment processing fees by 10-30% and sometimes much, much more. If you are brand new to merchant account services, then this is the perfect guide for you… it’s takes most people about [...]
Where is the CVV # on Credit Cards?
I have had a few merchants recently not understand what the CVV # is on credit cards and how they can use it to protect themselves from potential fraud and/or chargebacks. In the image (the left) shows you where to find the CVV number on credit cards. It is a three or four digit security [...]
Canadian Credit Card Processing Wars
Tim Wilson at the NationalPost wrote yesterday an interesting piece on Canada’s Credit Card Wars over regulating interchange and allowing Visa to introduce debit cards in Canada. Tim states, “While we respect businesses’ desire to manage their expenses, government intervention is not the right solution in a functioning industry.” I know many Merchants who would [...]
Is NFC The Future of Payment Processing?
I found this press release yesterday and it just proves again that we are getting closer and closer to payment processing moving towards being conducted on our mobile devices. “MasterCard Canada, in partnership with Citi Cards Canada and Bell Mobility, has completed the first near-field communications (NFC) trial of Mobile PayPass(TM) in Canada. This was [...]
15 Ways to Prevent Chargebacks
Merchant Account providers DO NOT like chargebacks, getting a lot of chargebacks can cause you to have your merchant account terminated or even worse end up on the TMF List. Some chargeback situations can’t be helped, but many can if you understand how to protect your self. Here are 15 ways to help prevent chargebacks. [...]
MasterCard Fights Back Against Interchange Myths
Mastercard Canada released a press release a couple of days ago announcing they have accepted an opportunity to appear before the Senate Standing Committee on Banking, Trade and Commerce in order to discuss the payments industry, as well as to address the significant misinformation being propagated by retail sector lobbyists. “The many benefits Canadian merchants [...]
Is Your Business Going to Ottawa This Week?
The “Stop Sticking It To Us” Coalition, representing over 200,000 Canadian businesses, small, mid and large, says it is gathering in Ottawa this week to combat overcharging by VISA and MasterCard. The reason why is because the U.S.-based credit card companies have been pushing worldwide to take over the debit card business and increase service [...]
Would Your Business Survive This Recession Without The Ability to Accept Credit Cards?
Aneace Haddad did an interview with MasterCard’s Shawn Miles and there were some interesting points brought up about interchange, recession, credit, merchants, etc. and I thought this interview would be a good read for any of my readers. Here is the interview – let me know what you think…?
Visa, Mastercard Offering Debit in Canada…?
I found a link on Interac News that lead me to article recently published by Dana Flavelle and Rita Trichur about how Visa and Mastercard are poised to enter Canada’s debit market. Canadians have a had a sweet deal with Interac pricing on debit transactions. If Visa and Mastercard are able to break into the [...]
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
