In 2022, Canada experienced a significant surge in payment transactions, reaching a staggering $11.7 trillion, marking a remarkable 7% increase in value from the previous year1. Amid this financial landscape, a Payments Canada study unveiled intriguing trends,...
The payments landscape is undergoing a seismic shift, driven by the relentless evolution of technology. In this era of mobile payments and digital wallets, businesses are harnessing the potential of artificial intelligence (AI) and machine learning (ML) to redefine...
In a significant development for the financial landscape, Canada has unveiled the finalized regulations under the Retail Payment Activities Act (RPAA), marking a new era for payment service providers (PSPs).² This article explores the implications of the RPAA and its...
In this article, we will delve into the intricacies of credit card fees and scrutinize the recent agreement between the federal government, Visa, and Mastercard. The deal, aimed at reducing interchange fees, has sparked both optimism and skepticism among small...
In a landscape where accepting credit cards is essential for businesses, a recent deal to lower Visa and Mastercard payment processing fees in Canada has sparked debate. While the agreement signifies a step towards reducing merchant processing costs, critics argue it...
In the fast-paced world of small businesses, selecting the right payment processing solution is critical for operational efficiency and customer satisfaction. This comprehensive guide explores various payment processing solutions tailored to the unique needs of small...
