Payments News

CFIB and Mastercard Discontinuing Preferential Interchange Agreement

By Miranda Russell on Aug 14, 2019

Mastercard has announced that they are ending their preferred interchange rates for merchants who are a member of CFIB (the Canadian Federation of Independent Businesses) according to a recent update from the organizations.

Understanding Payments

Your Interchange Fee Questions Answered

By Miranda Russell on Jun 28, 2019

Here are some common questions related to the interchange fee that can help you better understand the payment processing fees your business is paying.

Choosing a Payment Processor

Don’t Overpay for Credit Card Processing

By Jeff Merkel on Jan 31, 2019

You can help save your business money before you even sign up with a processor by doing your research and shopping around for a payment provider armed with the knowledge of what to look for with regard to processing rates and fees.

Payments News

Visa and Mastercard Announce Rate Adjustment for January 2019

By Miranda Russell on Dec 14, 2018

Visa and Mastercard have both announced rate adjustments effective January 1, 2019. Visa has announced that their base assessment fee will increase to 0.09% from the current 0.08% and Mastercard has announced a reduction to the Mastercard interchange rates.

Choosing a Payment Processor

Ways Some Payment Processors Mislead Merchants

By Radu Georgescu on Dec 4, 2018

By knowing that these payment tricks exist, you can ask the right questions to see through the facades and select a payment processor who is committed to being a good partner for your business.

Understanding Payments

Credit Card Processing Fees You Should be Aware Of

By Miranda Russell on Nov 15, 2018

Outside of the processing rate, there are several per occurrence fees that might have been applied to your transactions. Understanding what each fee on your statement is, and when different fees apply can help you reconcile your statement each month.

Payments News

Canada Cuts Merchant Credit Card Processing Fees

By Miranda Russell on Sep 4, 2018

Ottawa has announced that they have made a five-year agreement with Visa, MasterCard, and American Express to reduce the interchange rate that they charge merchants by about 10 basis points starting in 2020.

Understanding Payments

6 Things You Didn’t Know About Your Credit Card Processing Fees

By Miranda Russell on Aug 14, 2018

We’ve put together six things you might not know about your credit card processing fees, so you can be more informed about how payment processing fees work.

Using Helcim

If You Want to Scale Your Business – Helcim is Here to Help

By Zachary Nickerson on Aug 2, 2018

Scale your business using Helcim's low transaction fees, cost effective terminal options, friendly customer service, and innovative software.

Understanding Payments

Can Businesses Charge Customers a Credit Card Processing Fee?

By Miranda Russell on Jul 12, 2018

If you are a business owner wondering if you can offset some of the credit card processing fees your business pays by charging customers an additional fee to pay by credit card it can be challenging to find a clear answer.

Understanding Payments

Everything You Need to Know About Nonprofit Credit Card Processing

By Nicolas Beique on Jul 3, 2018

If you are a registered charity or nonprofit looking to accept card payments, we have low rates and cost-effective credit card processing solutions for you.

Choosing a Payment Processor

Why Interchange Differential Pricing Is Costing You Too Much

By Nicolas Beique on Dec 14, 2016

Almost every processor in Canada now uses an interchange differential as their pricing method. Explore how this is costing you money.

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