Payments and Credit Cards

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

Summary In order to meet its November 4, 2014 commitment to reduce its average interchange rate to 1.50%, Visa Canada is reducing rates on all consumer credit cards in all merchant categories. The new...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

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