Dear Valued Partner, The following card brand updates will come into effect as specified below. As a result, Moneris will apply the changes to merchant accounts as required. Below is…
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Businesses urged to claim their share of multi-million class-action settlement with Visa, Mastercard
Globe and Mail reported business groups are urging merchants to sign up for a multimillion-dollar class-action settlement with Visa and MasterCard over credit-card processing fees. Businesses urged to claim their…
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Dear Valued Partner, We would like to remind you of the upcoming deadline of December 31, 2021 for the Mastercard MCL 3.0 compliance mandate. This mandate requires that all POS…
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This initiative comes in the wake of COVID-19 as health officials recommend social distancing and merchants encourage consumers to pay with contactless for a safer way to pay. TORONTO, April…
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Visa letter to Minister Bill Morneau - PDF Mastercard letter to Minister Ng
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Please see the letter from MasterCard outlining changes to interchange rates. Download letter.
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In a Globe and Mail article on June 15, 2017, retailers will be able to charge an extra fee for visa and MasterCard credit card use. The Canadian Federation of…
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From the Financial Post - May 8, 2017 A recent column from Neil Mohindra (“Competition checks Visa fees,” April 7) contained both errors of omission and flat-out inaccuracies. In the…
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Gary Sands, Sr. VP of Policy and Advocacy at the Canadian Federation of Independent Grocers and Chair of the Small Business Coalition wrote in this Globe and Mail column that…
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Wal-Mart Canada Corp. will stop accepting Visa credit cards in all 16 of its Manitoba stores starting from October 24, according to a report in the Globe and Mail. The…
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