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In the dynamic realm of payment processing, rigorous adherence to regulatory requirements is the bedrock of a secure and efficient financial ecosystem. Canada, celebrated for its robust financial sector and thriving digital economy, adheres to a multifaceted regulatory framework. This guide offers an exploration of payment regulations in Canada, providing
WordPress is the most popular platform to manage content on websites. If you’ve chosen WordPress, you’re in good hands. Hundreds of millions of other websites
Teaser rates are a part of marketing. Quite often they are used to acquire new customers by having a discount. For example, “join now and
Many businesses don’t know how much they should be paying for credit card processing. However, we can guarantee you that the average merchant is paying
WordPress is one of the most common platforms to run websites. There are around 450 million websites that use WordPress. That means around 20% of
We’ve been working on our “best of” series for payment processing, such as the best credit card machines and best payment processors. In this article,
There are specific needs in dental credit card processing that we have seen as we’ve worked with many dentists. First and foremost, low-cost is critical.
One of our working principles is based on our belief that a successful company is opportunity-focused, not problem-focused. Opportunities produce results and growth. Problem-solving tends
Credit card machines have been around since around 1960. They started as credit card imprinters and moved to magnetic stripes in the 1970s. They’ve evolved
Merchants are paying too much on payment processing. That’s a fact. Most merchants have the opportunity to save significantly on accepting payments if they follow
We believe the most important unit of success in a company is learning. That’s right, it’s not revenue or profit or growth rate. We feel
Merchant Discount Rate (MDR) sounds like a good thing. Who doesn’t want a discount? But the term is highly misleading. Watch out. When you hear
Do you know what puts most businesses out of business? Reduced cash flow. After a business makes a sale, if it doesn’t get the funds
Interchange is the fee collected by credit card issuers on every transaction. These interchange rates in Canada are set by Visa and MasterCard and are
TRC-Parus, a Canadian payment processor that was built from the ground up to have the lowest payment processing fees, has launched an Ambassador Program. People
Many things inspire people. And people are inspired by many different things. We get that. Characteristics like passion, empathy, and honesty are all inspiring. Those
Patients prefer convenience, speed, and minimal contact when they pay after their dental visit. This trend, particularly minimal contact, has been slowly gaining traction for
The fees for payment processing add up. Many dentists don’t know how much they are paying, but they do know they are paying too much.
Businesses are working remotely. The remote working trend is only increasing, especially during the COVID-19 crisis the world is experiencing. It is becoming more important
Credit card processors (or merchant service providers) have exposure to losing the money. That’s the risk which merchant account providers take. By the way, here’s
New financial technology firm aims to drive down the cost of accepting payments for merchants and bring radical transparency to the payments space. FOR IMMEDIATE
A reserve on a merchant account in credit card processing is a temporary hold on a portion before they are deposited in your bank account.
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TRC-Parus is a payment processor in Canada. The TRC-Parus name and logo are trademarks of TRC-Parus Inc payment processing in Vancouver, Canada. The Interac name and logo are trademarks of Interac Inc Canada. The Visa, MasterCard, and AMEX logos are trademarks of Visa International, MasterCard International Incorporated, and American Express Company. TRC-Parus is a Registered Partner/ISO of the Canadian Branch of U.S. Bank National Association.