Payments and Credit Cards

Retail Council of Canada presented our pre-budget submission on behalf of retailers to the federal finance committee. In the economic recovery plan, Supporting retailers through the pandemic and its a...Learn More

In addition to protecting your physical health and safety, it is important to also protect yourself from COVID-19 related payment scams and digital fraud. Interac has provided a useful guide....Learn More

From CTV News: Major credit card companies have increased their tap limit to $250 to help customers who want to make less physical contact while shopping during the COVID-19 pandemic. MasterCard and V...Learn More

Why should retailers in Canada care about GDPR even though it’s a European data privacy regulation? Here are 5 good reasons why: Businesses in Canada need to comply with GDPR if they do business in ...Learn More

This afternoon, Finance Minister Bill Morneau and Small Business Minister Mary Ng will announce that agreements have been reached with Visa and MasterCard to make a very modest 10 basis point reductio...Learn More

TORONTO, September 14, 2016: Retail Council of Canada, on behalf of merchants across Canada, is encouraged by the Minister of Finance’s commitment today to review the credit card marketplace in Cana...Learn More

The Exchange with Amanda Lang – Karl Littler [view] Details of MasterCard’s Interchange Rate Revisions Details of Visa’s Interchange Rate Revisions The cost of credit card fees has increased...Learn More

Canadian merchants pay among the highest costs in the world for processing credit card payments. Why Are Payment Costs Increasing? There are 76 million credit cards in the Canadian market and credit n...Learn More

There’s no question that credit cards are playing an increasingly important role in how Canadians purchase goods and services. Premium credit cards now make up 30 percent of the value of all credit ...Learn More

  Have you ever wondered what happens when a customer makes a purchase using various forms of payment? What’s the difference between using cash, debit and credit? Credit Card Merchants pay a me...Learn More