Payment card spending in Canada up 3.3 per cent in the second quarter of 2018 TORONTO, ON - July 19, 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. Read more
About Moneris Data Project Services TORONTO, ON - February 28, 2018 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. Read more
Spending in Canada up 4.26 per cent in the fourth quarter of 2017 TORONTO, ON - January 23, 2018 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. Read more
Moneris partners with Kount to expand fraud protection services for Canadian online businesses TORONTO, ON - January 15, 2018 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. Read more
Moneris announces PAYD Pro® mPOS retail availability at Apple Stores across Canada today TORONTO, ON - November 15, 2017 PAYD Pro® with new Verifone e355 PIN Pad provides contactless, chip & PIN and swipe payment acceptance for credit and Interac transactions Read more
Moneris reports spending in Canada up 5.05 per cent in the third quarter of 2017 TORONTO, ON - October 19, 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. Read more
Moneris introduces enhancements to its PAYD® family of mobile point-of-sale solutions TORONTO, ON - October 04, 2017 PAYD Pro® and PAYD Pro Plus® now support new Verifone e355 PIN Pad, offering improved connectivity and reliability Read more
Moneris names Malcolm Fowler Chief Product and Partnership Officer TORONTO, ON - August 21, 2017 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. Read more
Moneris introduces comprehensive iPad Point-of-Sale (POS) Solutions for Canadian retail and restaurant businesses TORONTO, ON - August 03, 2017 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. Read more
Moneris Supports Android Pay in Canada TORONTO, ON - May 31, 2017 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. Read more
Nearly half of Canadian small businesses are using old technology to process sales TORONTO, ON - March 30, 2017 Despite more advanced point-of-sale (POS) options, 42 per cent of small businesses are relying on outdated cash registers to accept customer payments Read more
Canadian consumer spending up 4.19 per cent in the fourth quarter of 2016 TORONTO, ON - January 19, 2017 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. Read more
Moneris and ATB Financial Announce Five-Year Contract Extension TORONTO, ON - November 15, 2016 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. Read more
Vantiv Announces Agreement to Acquire Moneris Solutions USA TORONTO, ON - November 10, 2016 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). Read more
Moneris names Nick Samurkas new Chief Operations Officer TORONTO, ON - October 27, 2016 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. Read more
Canadian consumer spending up 4.77 per cent in the third quarter of 2016 TORONTO, ON - October 20, 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. Read more
Canada pushing toward a cashless society with a 70 per cent drop in cash transactions by 2030 TORONTO, ON - September 20, 2016 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 Read more
Moneris Delivers New Tools and Resources for Developers TORONTO, ON - July 20, 2016 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. Read more
Canadian consumer spending up 5.53 per cent in the second quarter of 2016 TORONTO, ON - July 19, 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. Read more
Moneris continues contactless payment leadership in Canada as Apple Pay expands TORONTO, ON - May 10, 2016 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. Read more
Canadian consumer spending up 6.24 per cent in the first quarter of 2016 TORONTO, ON - April 14, 2016 Consumer spending in Canada grew by 6.24 per cent in the first quarter of 2016 on a year