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The Payments Code of Conduct in Canada was created to bring fairness and transparency in the payment industry. It is structured into multiple sections targeting specific aspects of payment processing and merchant services for debit cards and credit cards. This article covers the sections of the Canadian Code of Conduct,
The banking landscape is undergoing a transformation, driven by the emergence of neobanks. These digital-only banks are challenging the traditional financial institutions by offering products
In this 2024 report, we’ll explore how payment methods have evolved in the Canadian market, focusing particularly on the shift towards digital, contactless payments, and
In the world of finance, electronic payments are the heartbeat of business transactions. Whether you’re dealing with routine bills, processing paychecks, or handling high-stakes international
In the world of digital payment processing, merchants encounter a variety of fees that impact their bottom line. Interchange fees are a crucial aspect of
Credit card fraud is an unfortunate reality that businesses must face in today’s digital age. Year after year, credit card fraud attempts are on the
Digital payments has become a core foundational capability with the growth of the internet and mobile devices. People want convenience, speed, and security rolled into
In the rapidly advancing world of payments and eCommerce, merchants find themselves navigating a landscape of risk in payment processing. While these technologies bring unparalleled
Since 2009, the financial landscape has been undergoing a transformation with the emergence of cryptocurrencies. As digital currencies grow in popularity, merchants around the world
As technological advancements continue to unfold, the payment landscape in the United States is poised for a transformative journey in 2024 and beyond. These key
In payment processing, American Express (Amex) has historically been considered a less-preferred option for merchants due to higher transaction rates and perceived complexities. However, a transformative
Navigating the realm of payment processing unveils three key players: acquirers, ISOs, and aggregators. While all contribute to transactional fluidity, their distinct roles cater to
In the world of eCommerce and online payments, one of the crucial decisions that merchants face is selecting the right online payment gateway. An efficient
In the intricate landscape of payment processing, merchants encounter a myriad of options, each playing a pivotal role in the facilitation of financial transactions. This
In the rapidly evolving world of e-commerce and digital transactions, the choice of a payment gateway is a crucial decision for businesses. A payment gateway
In the intricate landscape of payment processing, merchants are confronted with a choice between three types of payment processors: Acquirers, Independent Sales Organizations (ISOs or
Canada has been actively engaged in open banking initiatives, aiming to empower consumers with greater control over their financial data and enhance the sophistication and
In the competitive landscape of the Heating, Ventilation, and Air Conditioning (HVAC) industry, businesses are constantly seeking innovative solutions to enhance their services. One crucial
As we move into 2024, the world of payment processing will continue to evolve and innovate. Fintech overall is ripe for disruption and is evolving
In a time defined by globalization, businesses often look to cross international borders for expansion. One pivotal tool that facilitates this global reach is the
In the world of business, understanding how to navigate credit card processing fees is essential for financial success. These fees typically range from 1.5% to
In the HVAC industry, staying ahead of the curve is crucial for success. One such advancement that has revolutionized the way HVAC companies operate is
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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.