moneris

Tap Payments Take Over 51% of Card Transactions in Canada for First Time in Q1

According to the latest MonerisMetrics Quarterly Spend Report for Q1 2019, Canadians continue to use tap payments when it comes to card transactions. In Q1 2019, over half of card transactions were performed via a contactless payment in Canada, at 51.5% of transactions, a whopping 24.7% volume growth increase year-over-year. Moneris data shows eight provinces are...

Contactless Payments Becoming Preferred Payment Method in Canada: Moneris

The MonerisMetrics Quarterly Report was released today by Moneris, Canada’s largest processor of debit and credit card payments. The report showed payment card spending increased by 3.3 per cent in the second quarter of 2018, while contactless payments continue to surge. When it comes to contactless payments, Canadians continue to prefer the payment method, with...

Canadian Contactless Payments Continue to Surge in Q1 2018: Moneris

According to the MonerisMetrics Quarterly Report for Q1 2018, Canadians continue to spend and also increase their use of contactless payments, according to Moneris, one of Canada’s largest processors of credit and debit payments. In regards to contactless payments, both credit cards and debit combined to see an increase in volume by 37% compared to the...

Moneris PAYD Pro mPOS Now Available at Apple Stores in Canada

Moneris Solutions Corp., Canada's largest processor of debit and credit payments, has today announced the availability of its PAYD Pro mobile point-of-sale (mPOS) solution at Apple Stores across Canada. Moneris’ mPOS technology lets small businesses accept debit and credit card payments anywhere they do business using an iPhone or iPad running the PAYD app. "Business owners are increasingly turning toward their...

Mobile Wallets Like Apple Pay Driving Contactless Payments in Canada

Moneris says consumer spending in Canada jumped nearly 5 per cent in the third quarter of 2016, according to the same period a year ago, as noted in their quarterly MonerisMetrics report. The report says spending on credit cards took 65 per cent of transactions, versus 35 percent on debit cards. All provinces showed spending increases, except...

Why Some Stores Accept Amex But Lack Apple Pay Support: Moneris

With the launch of Apple Pay in Canada, lots of new users are eagerly testing out the mobile wallet at their favourite stores. The big chains such as McDonald’s, Tim Horton’s and Starbucks are sure bets, but what about some smaller stores? Despite accepting American Express, some retailers have tap-to-pay disabled for the credit card....

Moneris Announces Support for Apple Pay in Canada

Credit card and debit card processor Moneris has announced support for Apple Pay today, the day of the mobile wallet’s launch in Canada. The company states 85 per cent of Moneris terminals in use the 350,000 retailer locations they support here are capable of supporting Apple Pay. Moneris Solutions CEO, Angela Brown, said in a...

Moneris to Merchants: Your Terminal is Ready to Accept Apple Pay

Moneris, the payment processor joint venture between RBC and BMO, wants its merchants to know their current point-of-sale terminals are ready for contactless mobile payments such as Apple Pay. A new post by the company offers tips and suggestions for small and medium-sized businesses on how to prepare for what many believe is the inevitable...

Moneris Adds Apple’s Passbook Support for Merchant Gift and Loyalty Cards

Moneris announced yesterday its gift and loyalty program for medium to large businesses is now compatible with Apple’s Passbook application. This means existing merchants now have the option to digitize their physical gift or loyalty cards right into Passbook. Jeff Guthrie, Chief Sales & Marketing Officer at Moneris, said in a statement: “One of Passbook’s biggest challenges...