Interchange is the amount payment providers, like Moneris, are required to pay the credit/debit card issuer and/or financial institution per transaction processed by the merchant.
A network assessment fee is the amount payment providers, like Moneris, are required to pay the card brands for each credit/debit card transaction processed by the merchant.
The transaction fee is the amount Moneris charges for providing 24/7 customer service, comprehensive reports, settlement, clearing and credit/debit card processing.
"How does Moneris help us with business? It's easy to use. There are no hidden fees. The customer service is honestly excellent."
Boris Dourkin
Dentist, Venice Dental
Enjoy a quick, hassle-free setup with on-site training from our Moneris Field Services team. Plus, connect with a live customer service agent whenever you need assistance.
Know all Moneris fees upfront so you never have to shift your focus away from important aspects of your business. Enjoy integrated or custom solutions with unbeatable value-adds.
We work with BMO and RBC to get you access to your funds sooner. Make a deposit and see the balance in your account the very next day – even if it’s not a business day.
Gain tools designed to prevent fraud in real time. For example, avoid fraud-related chargebacks with a two-step authentication process that not only verifies the credit or debit card details, but also the identity of the cardholder.
Incidental Fees:
• Chargeback Fee ($25.00)
• Dial Communications ($0.08)
• Aged Close Batch ($2.50)
• Moneris Go Software Fee ($5.00)
• Minimum Merchant Discount Rate ($5.00)
• Authorization Chargeback Handling ($80.00)
• Paper Statement fee ($2.00)
Additional fees may apply for other products and services.
MONERIS and MONERIS & Design are registered trademarks of Moneris Solutions Corporation. INTERAC is a registered trademark of Interac Corp. Used under licence. All other marks appearing on this page are the property of their respective owners.