News & Events

  • 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

    Moneris Solutions Corporation (“Moneris”), Canada’s largest processor of debit and credit card payments, introduced Moneris Core (“Core”), proprietary software that will power its next-generation payment terminals. Available on Moneris’ newest countertop devices, the Verifone V400c and Ingenico Desk/5000, and the wireless Ingenico Move/5000, the application delivers a consistent merchant and consumer experience during a payment transaction. Moneris is the only acquirer in Canada to offer a unified bilingual experience across point-of-sale (POS) 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 23, 2018

    Spending in Canada up 4.26 per cent in the fourth quarter of 2017

    The last quarter of 2017 presented few surprises around consumer spending when compared with the rest of the year, according to Moneris Solutions Corporation (“Moneris”), one of Canada’s largest processors of debit and credit payments.

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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 19, 2017

    Moneris reports spending in Canada up 5.05 per cent in the third quarter of 2017

    Credit and debit card spending in Canada grew 5.05 per cent in dollar volume during the third quarter of 2017 over the same period last year, according to Moneris Solutions Corporation (“Moneris”), one of Canada’s largest payment processors. This quarter marks the highest 2017 quarterly year-over-year growth.

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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 - Jan 19, 2017

    Canadian consumer spending up 4.19 per cent in the fourth quarter of 2016

    Consumer spending in Canada grew by 4.19 per cent in the fourth quarter of 2016 on a year-over-year basis, according to the MonerisMetrics Quarterly Report released by Moneris Solutions Corporation (“Moneris”), one of Canada’s largest processors of debit and credit payments. Following spending growth of 6.24 per cent in Q1, 5.53 per cent in Q2 and 4.77 per cent in Q3, the percentage of growth continued to shrink in Q4, ending the year with a positive, but comparatively smaller increase.

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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 - Oct 20, 2016

    Canadian consumer spending up 4.77 per cent in the third quarter of 2016

    Consumer spending in Canada grew by 4.77 per cent in the third quarter of 2016 on a year-over-year basis, according to the MonerisMetrics Quarterly Report released by Moneris Solutions Corporation (“Moneris”), one of North America’s largest processors of debit and credit payments. The third quarter of 2015 saw an increase of 6.68 per cent relative to the third quarter of 2014.

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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 - Jul 19, 2016

    Canadian consumer spending up 5.53 per cent in the second quarter of 2016

    Consumer spending in Canada grew by 5.53 per cent in the second quarter of 2016 on a year-over-year basis, according to the MonerisMetrics Quarterly Report released by Moneris Solutions Corporation (“Moneris”), one of North America’s largest processors of debit and credit payments. Moneris has recorded seven consecutive quarters of positive spending increases. The second quarter of 2015 posted an increase of 6.08 per cent.

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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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  • TORONTO, ON - Apr 14, 2016

    Canadian consumer spending up 6.24 per cent in the first quarter of 2016

    Consumer spending in Canada grew by 6.24 per cent in the first quarter of 2016 on a year-over-year basis, according to the MonerisMetrics Quarterly Report released by Moneris Solutions Corporation (“Moneris”), one of North America’s largest processors of debit and credit payments.

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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 28, 2016

    Consumer spending at Canadian businesses up 5.49 per cent in the fourth quarter of 2015

    Consumer spending in Canada grew by 5.49 per cent in the fourth quarter of 2015 on a year-over-year basis, according to the MonerisMetrics Quarterly Report released by Moneris Solutions Corporation (“Moneris”)...

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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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  • TORONTO, ON - Oct 29, 2015

    Canadian consumer spending up 6.68 per cent in the third quarter of 2015

    Consumer spending in Canada rose by 6.68 per cent in the third quarter of 2015 on a year-over-year basis, according to the MonerisMetrics Quarterly Report released by Moneris ...

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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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  • TORONTO, ON - Jul 23, 2015

    Canadian consumer spending up 6.08 per cent in the second quarter of 2015

    Canadian consumer spending rose just over six per cent in the second quarter of 2015 on a year-over-year basis, according to the MonerisMetrics Quarterly Report ...

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