TORONTO, ON – November 15, 2017

Moneris Solutions Corporation (“Moneris”), Canada’s largest processor of debit and credit payments, today announced the retail availability of PAYD Pro, a leading mobile point-of-sale (mPOS) solution for small business, at Apple Stores across Canada.

“Business owners are increasingly turning toward their personal devices to manage day-to-day activities, and Apple users expect an easy, intuitive solution that works seamlessly with their devices,” said Jeff Guthrie, Chief Sales and Marketing Officer, Moneris. “With cash transactions declining by approximately 30 per cent since 2008*, we’re excited to give small business customers greater access to a simple, secure, and private solution for accepting any form of payment on the go, including Apple Pay.”

PAYD Pro lets small businesses accept debit and credit card payments anywhere they do business using an iPhone or iPad running the PAYD® app. By connecting their device to the Verifone e355 mobile PIN Pad, businesses can securely process Apple Pay and other contactless payment options, credit and Interac chip & PIN or swipe payments using a full‑feature PIN Pad.

Pictured: PAYD Pro app running on an iPhone paired with the Verifone e355 mobile PIN Pad.

Intuitive Payment processing with new Verifone e355 mobile PIN Pad

Providing businesses with simple, intuitive hardware and applications for accepting payments is critical to ensuring a positive customer experience. Recent enhancements to PAYD Pro include the introduction of the Verifone e355 mobile PIN Pad for fast processing, support for the latest industry security standards, improved durability such as a screen made of Corning^® Gorilla^® Glass, and greater choice of connectivity options with Bluetooth and Wi-Fi enablement.

Businesses signing up for PAYD Pro will benefit from easy to understand, affordable pricing starting at $19.95 per month** including the ability to accept free Interac^® tap and chip & PIN Debit transactions***. PAYD Pro is available at Apple Stores across Canada today and coming soon to Apple.com/ca.

For more information about PAYD Pro, please visit any Apple Store in Canada or moneris.com/products.

About Moneris
Moneris is Canada’s largest provider of innovative solutions for mobile, online and in-store payments, processing more than one in three transactions. Serving businesses of every size and industry, Moneris offers hardware, software and solutions to help transform the way businesses grow and operate, in payments and beyond.
For more information please visit www.moneris.com and follow @moneris.

Media contacts:
Darren Leroux
Moneris
416-734-1688
[email protected]

*Payments Canada Canadian Payment Methods and Trends Report: https://www.payments.ca/sites/default/files/cpmt_report_english.pdf

**A fee of 2.65% applies to Visa, Mastercard, Discover, American Express and JCB credit card transactions that are swiped, tapped or dipped. A fee of 2.85% + $0.15 applies to those credit card transactions that are manually keyed into the device.

***Free Interac Debit transactions for merchants who process less than $10,000.00 per month in credit and debit card transaction volumes.

^®MONERIS, PAYD PRO, and MONERIS BE PAYMENT READY & Design are registered trade-marks of Moneris Solutions Corporation. APPLE, IPHONE, IPAD and APPLE PAY are trademarks of Apple Inc., registered in the U.S. and other countries. All other marks or registered trade-marks are the property of their respective owners.