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Despite more advanced point-of-sale (POS) options, 42 per cent of small businesses are relying on outdated cash registers to accept customer payments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