Introduction to Moneris
Moneris is a leading provider of electronic payment processing services in Canada. It was established in 2000 and has since grown to become the largest debit and credit card processor in the country. With a commitment to innovation and customer satisfaction, It has helped thousands of businesses streamline their payment processing, reduce costs, and increase efficiency.
Key Features
They provide a comprehensive range of payment processing solutions designed to meet the needs of businesses of all sizes and types. Some of its key features include:
- Fast and secure payment processing: It uses the latest encryption technology to ensure that all transactions are processed quickly and securely.
- A variety of payment options: It accepts a wide range of payment methods, including debit, credit, and gift cards.
- Easy-to-use reporting tools: It provides powerful reporting tools that allow businesses to track sales, monitor transactions, and manage their accounts with ease.
- 24/7 customer support: It offers 24/7 customer support to help merchants resolve any issues they may have.
Benefits for Merchants
Moneris offers a number of benefits to merchants, including:
- Increased sales: By accepting a variety of payment methods, They help merchants increase sales and reach a wider customer base.
- Improved cash flow: It provides fast and secure payment processing, which can help merchants improve their cash flow and reduce the risk of fraudulent transactions.
- Enhanced security: Uses advanced security measures to protect customer data and prevent fraud.
- Increased efficiency: Reporting tools and 24/7 support make it easier for merchants to manage their accounts, reduce costs, and increase efficiency.
Payment Methods
Moneris accepts a wide range of payment methods, including:
- Debit cards: Accepts debit cards from all major networks, including Interac, Visa Debit, and Mastercard Debit.
- Credit cards: Accepts credit cards from all major networks, including Visa, Mastercard, American Express, and Discover.
- Gift cards: Also accepts gift cards from a variety of retailers and brands.
Security Features
They take the security of customer data and transactions very seriously. It uses the following security measures to ensure that all transactions are processed securely:
- Encryption: Uses encryption technology to protect customer data and prevent fraud.
- PCI compliance: It is fully compliant with the Payment Card Industry Data Security Standard (PCI DSS), which is an industry-wide security standard designed to protect customer data.
- Fraud prevention: It uses advanced fraud prevention tools to detect and prevent fraudulent transactions.
Merchant Support
It provides 24/7 customer support to help merchants resolve any issues they may have. Whether merchants need help with a technical issue, a billing question, or anything in between, and has a team of experienced and knowledgeable support specialists ready to help.
Integration
They can be integrated with a wide range of business software and e-commerce platforms, including:
- Point of sale (POS) systems: Can be integrated with many popular POS systems, including those from leading manufacturers such as Verifone, Ingenico, and NCR.
- E-commerce platforms: Can be integrated with a variety of e-commerce platforms, including Magento, Shopify, and WooCommerce.
Reputation
Moneris has a strong reputation as a trusted provider of payment processing services in Canada. With over two decades of experience, Moneris has earned the trust of thousands of businesses and has been recognized for its innovation, security, and customer support. In recent years, Moneris has received numerous awards and accolades, including being named one of Canada’s Top 100 Employers and one of the country’s Best Managed Companies.
Scalability
Moneris is designed to help businesses of all sizes scale their payment processing operations. Whether you are a small retail store or a large enterprise, Moneris has a solution that can meet your needs. From simple payment processing to advanced reporting and fraud prevention tools, Moneris has the resources and expertise to help you grow your business.
Fees
Here is a table that outlines the fees associated with Moneris’ payment processing services:
| Service | Fee |
|---|---|
| Interac Debit | 1.55% + $0.15 |
| Visa Credit | 1.65% + $0.15 |
| Mastercard Credit | 1.65% + $0.15 |
| American Express | 2.45% + $0.15 |
| Discover | 2.45% + $0.15 |
Please note that these fees are subject to change and may vary based on the type of business, the volume of transactions, and other factors.
Conclusion
Moneris is a leading provider of electronic payment processing services in Canada. With fast, secure, and flexible payment processing solutions, Moneris can help merchants of all sizes increase sales, improve cash flow, and grow their businesses. Whether you are looking to accept debit, credit, or gift cards, Moneris has the expertise and resources to help you succeed. To learn more about Moneris and how it can help your business, visit www.moneris.com.
