About Moneris

News & Events

News & Events

  • Toronto - Nov 25, 2023

    November 25: Update on Cyber Security Incident

    As an update to our November 21 statement, Moneris recently experienced an attempted ransomware attack. The incident did not affect our payment processing environments which continue to remain secure. Our dedicated team of cyber risk experts took action to ensure this incident was quickly identified and contained.

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  • Toronto - Nov 21, 2023

    November 21: Update on Cyber Security Incident

    As an update to our November 13 statement on an attempted ransomware attack, we can continue to confirm there are no malicious files within our environment and that payment processing environments remain secure.

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  • Toronto - Nov 13, 2023

    False Reports of Ransomware Impacting Moneris

    Moneris is aware of the reports of a cyber security incident involving a ransomware attack. We can confirm that an attempt was made by an external party and our Cybersecurity team prevented access to critical data and no ransom request was made.

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  • Toronto - Jul 27, 2023

    James Hicks announced as new President & CEO of Moneris

    Global expert in payments and FinTech to head up Canada’s leading Payment Provider.

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  • Toronto - May 31, 2023

    Moneris partners with Wix to provide Canadian businesses an all-in-one ecommerce solution

    This partnership will empower Canadian businesses of all sizes with Wix’s custom offerings from building their online presence, processing fast, secure payments, online ordering, invoicing, and more.

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  • Toronto - Dec 14, 2022

    Moneris Achieves ISO 22301 Certification for Business Continuity Management

    The certification highlights Moneris’ commitment to service availability and minimizing the effects of disruptive incidents

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  • Toronto - Oct 06, 2022

    Moneris Statement on Surcharging

    Mastercard and Visa agreed to enable surcharging in Canada effective October 2022. Moneris is in the process of developing and building this feature for our solutions.

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  • Toronto - Nov 23, 2021

    Moneris Open Payments for Transit certified by Discover and UnionPay, simplifying fare payments for tourists

    Transit authorities processing with Moneris now have the ability to accept a greater variety of cards issued outside Canada in their open payments solution.

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  • Toronto - Oct 06, 2021

    Moneris acquires UEAT to broaden unified commerce solutions for restaurant businesses across Canada

    UEAT to become a wholly owned subsidiary of Moneris.

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  • Toronto - Jul 22, 2021

    Moneris partners with tiptap to offer touchless giving™ for non-profits and charities

    As cash use continues to decline, tiptap helps donors give with the tap of a card or digital wallet.

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  • Gatineau, QC - May 31, 2021

    Government of Canada supports new technology to make electronic payment terminals accessible to persons with visual disabilities

    The Government of Canada continues on the path towards a barrier-free Canada.

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  • Toronto, ON - Mar 22, 2021

    Moneris and BMO optimize the business-to-business payment process for Canadian businesses

    By leveraging Moneris B2B Pay™, BMO Commercial card clients can send and receive payments with ease and confidence.

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  • Toronto, ON - Mar 10, 2021

    Moneris first processor in Canada certified to process Interac® Debit for open loop transit payments

    Certification will allow transit authorities using Moneris Open Payments for Transit to accept contactless debit for fare payment.

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  • Toronto, ON - Mar 02, 2021

    Canadians exposing themselves to fraud with changes in behaviour during pandemic

    Almost 40 per cent of Canadians report experiencing payments fraud or engaged in behaviour that could expose them to fraud since March 2020.

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  • Toronto, ON - Dec 02, 2020

    Offlinx connects marketing initiatives to sales performance with Campaign-Specific Analysis feature

    Offlinx can now attribute in-store and online purchases to individual marketing campaigns, helping users determine which initiatives are truly driving sales.

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  • Toronto, ON - Oct 08, 2020

    CNIB working with Moneris to develop a more accessible payment terminal

    CNIB is working together with Moneris Solutions Corporation, and supported by the Government of Canada, to create an inclusive and accessible shopping experience for everyone.

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  • Toronto, ON - Sep 24, 2020

    Moneris Names Duri Alajrami Chief Sales & Marketing Officer

    Moneris announced the appointment of Duri Alajrami as the company’s new Chief Sales & Marketing Officer, filling a role left vacant due to retirement at the end of 2019.

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  • Toronto, ON - Sep 08, 2020

    Moneris launches all-in-one portable payment solution

    Moneris Go is a sleek, compact terminal that offers businesses a modern payment experience with comprehensive reporting at their fingertips

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  • Toronto, ON - Feb 10, 2020

    Moneris Checkout delivers greater payment security, flexibility and control for online businesses

    Moneris Checkout combines hosted payments with advanced fraud prevention features in a convenient, compact solution

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  • Toronto, ON - Jan 15, 2020

    Moneris Raises the Bar for Payment Data and Device Security with New PCI Validated P2PE Solution

    End-to-end Encryption Solution Combines Secure Devices, Infrastructure and Applications to Offer Highest Level of Data Security for Merchants and their Customers

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  • Toronto, ON - Jul 29, 2019

    Contactless continues to represent more than half of all card present transactions in Q2

    Overall credit and debit spending moderately grew at 2.9%

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  • Toronto, ON - Apr 23, 2019

    Moneris introduces universal payment application on next-generation devices

    Moneris Core delivers a uniform payment and user experience across new Ingenico and Verifone point-of-sale terminals

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  • More than half of all Q1 card present transactions were contactless

    Overall credit and debit spending moderately grew at 2.5%

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  • Moneris introduces Lightspeed Restaurant to its menu of iPad POS solutions

    A bundled solution designed for every restauranteur offers unique management tools, reporting features and secure payment acceptance

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  • TORONTO, ON - Jan 24, 2019

    Holiday shopping and international transactions help boost spend in Canada by 3.0 per cent in final quarter of 2018

    The final quarter of 2018 wrapped up with a 3.0 per cent increase in spend over the same period in 2017, according to Moneris Solutions Corporation (“Moneris”), Canada’s largest processor of debit and credit payments. This increase marks the lowest for 2018, and the lowest quarterly growth in four years.

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  • Moneris launches Offlinx™ - the first marketing analytics tool in Canada connecting digital spend to in-store sales

    The third quarter of 2018 saw spending in Canada remain fairly consistent with the previous quarter, according to the MonerisMetrics Quarterly Report released today by Moneris Solutions Corporation (“Moneris”), Canada’s largest processor of debit and credit payments. While spending was up 3.4 per cent over the same period last year, this modest increase is only slightly higher than last quarter, which saw a year-over-year spend increase of 3.3 per cent, the lowest quarterly growth in nearly four years.  

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  • TORONTO, ON - Oct 23, 2018

    Payment card spending in Canada up 3.4 per cent in the third quarter of 2018

    The third quarter of 2018 saw spending in Canada remain fairly consistent with the previous quarter, according to the MonerisMetrics Quarterly Report released today by Moneris Solutions Corporation (“Moneris”), Canada’s largest processor of debit and credit payments. While spending was up 3.4 per cent over the same period last year, this modest increase is only slightly higher than last quarter, which saw a year-over-year spend increase of 3.3 per cent, the lowest quarterly growth in nearly four years.

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  • TORONTO, ON - Jul 19, 2018

    Payment card spending in Canada up 3.3 per cent in the second quarter of 2018

    Canadian spending has begun to flatten according to the MonerisMetrics Quarterly Report released today by Moneris Solutions Corporation (“Moneris”), Canada’s largest processor of debit and credit payments. In total, year-over-year spending in the second quarter of 2018 increased by only 3.3 per cent – marking the lowest quarterly growth in nearly four years.

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  • TORONTO, ON - Feb 28, 2018

    About Moneris Data Project Services

    As the largest provider of innovative solutions for mobile, online and in-store payments, Moneris is uniquely positioned to provide data insights into the economic impacts of events and projects in Canadian cities.

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  • TORONTO, ON - Jan 15, 2018

    Moneris partners with Kount to expand fraud protection services for Canadian online businesses

    Moneris Solutions Corporation (“Moneris”), Canada’s largest processor of debit and credit payments, today announced their partnership with Kount®, an online fraud protection platform that assesses customer transactions in real time. The Moneris Kount partnership will allow large businesses using the Moneris Gateway to reduce fraud exposure and chargeback risks from online and in-app transactions.

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  • TORONTO, ON - Nov 15, 2017

    Moneris announces PAYD Pro® mPOS retail availability at Apple Stores across Canada today

    PAYD Pro® with new Verifone e355 PIN Pad provides contactless, chip & PIN and swipe payment acceptance for credit and Interac transactions

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  • TORONTO, ON - Oct 04, 2017

    Moneris introduces enhancements to its PAYD® family of mobile point-of-sale solutions

    PAYD Pro® and PAYD Pro Plus® now support new Verifone e355 PIN Pad, offering improved connectivity and reliability

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  • TORONTO, ON - Aug 21, 2017

    Moneris names Malcolm Fowler Chief Product and Partnership Officer

    Moneris Solutions Corporation (“Moneris”), one of North America’s largest processors of debit and credit payments, announces the appointment of Malcolm Fowler to Chief Product and Partnership Officer.

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  • TORONTO, ON - Aug 03, 2017

    Moneris introduces comprehensive iPad Point-of-Sale (POS) Solutions for Canadian retail and restaurant businesses

    Moneris Solutions Corporation (“Moneris”), one of Canada’s largest processors of debit and credit payments, has introduced a range of complete iPad Point-of-Sale (POS) Solutions to help increase business efficiency for retail and restaurant businesses. Moneris iPad POS Solutions bundle software, hardware and Moneris Installation Services to help businesses get their payment systems up and running quickly. Businesses purchasing an iPad POS Solution also benefit from Moneris Concierge Services, a dedicated point of contact to help ensure a smooth transition to their new solution.

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  • TORONTO, ON - May 31, 2017

    Moneris Supports Android Pay in Canada

    Moneris Solutions Corporation (“Moneris”), Canada’s leading credit and debit card processor, is pleased to support Android Pay in Canada for both in-store and in-app purchases. This digital wallet will help businesses across the country accept more payment types and offer a secure and convenient checkout experience for consumers.

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  • TORONTO, ON - Mar 30, 2017

    Nearly half of Canadian small businesses are using old technology to process sales

    Despite more advanced point-of-sale (POS) options, 42 per cent of small businesses are relying on outdated cash registers to accept customer payments

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  • TORONTO, ON - Nov 15, 2016

    Moneris and ATB Financial Announce Five-Year Contract Extension

    Moneris, today announced the signing of a five-year contract extension with ATB Financial (“ATB”), Alberta’s largest homegrown financial institution. Moneris will continue to provide ATB with merchant services by supporting in-store and online payments in addition to offering a wider variety of payment products and services.

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  • TORONTO, ON - Nov 10, 2016

    Vantiv Announces Agreement to Acquire Moneris Solutions USA

    Vantiv, Inc. (NYSE: VNTV), a leading provider of payment processing services and related technology solutions, announced today its agreement to acquire Moneris Solutions, Inc. (Moneris USA) from Moneris Solutions Corporation (Moneris) for $425 million USD, subject to certain adjustments. Schaumburg, IL-based Moneris USA is the U.S. subsidiary of Moneris, which is a joint investment between BMO Financial Group and Royal Bank of Canada (RBC).

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  • TORONTO, ON - Oct 27, 2016

    Moneris names Nick Samurkas new Chief Operations Officer

    Moneris Solutions Corporation (“Moneris”), today announced the appointment of Nick Samurkas to the role of Chief Operations Officer, effective October 3, 2016. Mr. Samurkas is responsible for running day-to-day operations for the organization as well as leading process improvements and customer experience enhancements.

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  • TORONTO, ON - Sep 20, 2016

    Canada pushing toward a cashless society with a 70 per cent drop in cash transactions by 2030

    By 2030, cash purchases will make up only 10 per cent of money spent in Canada, according to a prediction by Moneris Solutions Corporation ("Moneris"), Canada’s leading credit and debit card processor

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  • TORONTO, ON - Jul 20, 2016

    Moneris Delivers New Tools and Resources for Developers

    Moneris Solutions Corporation (“Moneris”), one of North America’s leading credit and debit card processors, introduced new and improved resources for eCommerce and mobile application developers seeking payment integration tools. The Moneris Developer Portal provides easy access to information and tools businesses need to add payment capabilities to their applications.

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  • TORONTO, ON - May 10, 2016

    Moneris continues contactless payment leadership in Canada as Apple Pay expands

    Moneris Solutions Corporation (“Moneris”), one of North America’s leading credit and debit card processors, welcomes the Canadian expansion of Apple Pay enablement for Interac®, Visa® and MasterCard® cardholders, following the American Express® acceptance that was enabled in late 2015.

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  • SCHAUMBURG, IL - Feb 24, 2016

    Moneris the first North American processor to be able to self-certify EMV solutions for five major card brands

    Moneris Solutions Corporation (“Moneris”), one of North America’s largest processors of debit and credit card payments, announced today it has been accredited to self-certify EMV-chip and PIN, and chip and signature terminals ...

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  • TORONTO, ON - Jan 20, 2016

    Moneris launches business-to-business payment solutions to optimize commercial card acceptance

    Moneris Solutions Corporation (“Moneris”), one of North America’s largest processors of debit and credit card payments, today announced it will be providing electronic payment processing solutions to the business-to-business (B2B) marketplace in Canada, currently valued at $2.8T.1

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  • TORONTO, ON - Nov 17, 2015

    Moneris welcomes Apple Pay to Canada

    Moneris Solutions Corporation (“Moneris”), one of North America’s leading credit and debit card processors, today announced support for Apple Pay in Canada for eligible American Express cardholders. Apple recently announced they will be partnering with American Express to bring Apple Pay to Canada for eligible customers.

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  • SCHAUMBURG, Il

    Moneris launches PAYD product family empowering businesses to accept payments anywhere in the U.S.

    Moneris Solutions Corporation (“Moneris”), one of North America’s leading credit and debit card processors, announced today the availability of the PAYD product family for the U.S. market. PAYD Pro and PAYD are two innovative smartphone-based mobile point-of-sale ...

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  • SCHAUMBURG, IL

    Moneris becomes first payment processor to add EMV to Lavu’s iOS business management offerings

    Moneris, announced today it is collaborating with Lavu Incorporated (“Lavu’”), a rapidly growing provider of POS solutions that run on iOS-based mobile devices, to offer integrated processing of EMV credit and debit card payments to restaurants, coffee shops, food trucks, bars and other businesses in the U.S. and Canada ...

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  • TORONTO, ON - Jul 31, 2015

    Pan Am Games a win for Toronto businesses

    Overall spending in downtown Toronto grew 7.71 per cent during the period of the Pan Am Games (July 10-26) compared with the same period last year ...

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