Tag Archives: payment processing

Google Wallet – What Does This Mean to Canadian Businesses?

A few days ago, Google sent out a note to their customers using Google checkout to advise that they will no longer be supporting this service.  In return, they were changing their customer accounts to a Google wallet account. So what exactly does this mean and how does it affect Canadian merchants? Google checkout was […]

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Debit Depositing – How Does Your Money Get There?

Depositing a debit card transaction is a little different than depositing a credit card transaction and with it, are unique scenarios that could cause your transactions to reverse. Unlike Visa and MasterCard, the Interac debit network is not a hub though which all transaction pass-through but rather an intricate network where all Issuers and all […]

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Canada is One Step Closer to Becoming a Cashless Country

There is an interesting article about Canadian Payment Processing that was published on Yahoo News the other day by Marc Weisblott. Marc says, “Debit card accounts were being compromised across Canada at an alarming rate in recent years: $142 million was reimbursed to victims in 2009, compared to $60 million just five years earlier. The […]

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Mismatched Totals or Out of Balance – How To Fix

You’re tired, it’s late and you want to go home.  After an exhausting day you have just one task to complete on the Point of Sale terminal and that is your end of day settlement.   Usually it is a two minute task but tonight when you go through the normal procedure the terminal is telling […]

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