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 Help Drive Contactless Payments in Canada Up 36% in Q2
Credit card payment processor Moneris has released their MonerisMetrics report for Q2 spending by Canadians in 2017. According to the company, spending in Canada saw moderate growth of 3.9%, BC, Manitoba, Ontario, Quebec and Nova Scotia spending above the national average, seeing year-over-year growth rates of at least 4.5% or higher. When it comes to...
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 Launches ‘PAYD Pro’ to Accept Interact Debit, Credit Card Payments on iOS
Moneris has launched PAYD PRO today, which for the first time allows businesses to accept both Interact debit and credit card mobile payments, thanks in part to a new Bluetooth PIN pad, a first in Canada. Merchants using PAYD PRO can accept Interac Debit, Discover, VISA, MasterCard and American Express payments. The Bluetooth Pin pad...
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...