That's the problem with treating payment risk as a binary decision. When fraud losses increase, the natural response is to add more controls. Stricter rules. More verification. More manual reviews. More transactions sent for investigation. On paper, that looks like...
Processing Fees
Moneris has been sold. Should Canadian merchants be paying attention?
On August 10, BMO and RBC announced the sale of Moneris to U.S. technology investment firm Francisco Partners for approximately C$2 billion. The transaction still requires regulatory approval, but the message is clear: Canada’s largest payment processor is changing...
Many merchants think a low headline rate means they’re getting a deal.
The reality: hidden fees and complex pricing can quickly inflate costs. In one industry survey, 42% of merchants say they’ve been hit by “hidden fees” in their contracts. Another report found over 90% of small businesses pay more in processing fees than they expected....
Is your merchant statement harder to read than a medical chart?
If you run a medical clinic, dental practice, pharmacy, or other healthcare organization, you're already managing enough complexity. Between patient care, staffing, compliance, insurance, and rising operating costs, your payment processing statement should bring...
Your processing statement is trying to tell you something.
What are you missing? Have I talked about this subject more than almost anything else? Probably. Why? Because I know helping you save your money matters. Have you noticed your merchant statement getting fatter even though sales haven’t budged? You’re not imagining...
Data quality is replacing rate negotiation.
Visa has recently made changes to its Level 2 and Level 3 enhanced data programs for commercial credit card transactions. The changes are prompting many B2B merchants to reevaluate how they capture, validate, and transmit transaction data because their fee structure...
Because that’s how we have always done it.
Companies cling to fragmented payment stacks, spreadsheets, legacy gateways, separate fraud tools, and reporting systems because "that's how we've always done it.” Switching up your payment environment can feel risky and overwhelming. A recent McKinsey study found 70%...
You can’t afford to return the POS terminal you are using.
Everyone focuses on rates/money/pricing. It's like when a potential partner or vendor spends hours on a proposal, and you flip straight to the last page to see what it’s going to cost before you read it. Read the bottom of your statements. If you don’t, things get...
What 1,000 transactions a day really exposes.
POS systems are critical in retail. That goes without saying. But in high-volume retail, it may be the most important thing in your store. Busy urban or flagship cannabis stores can exceed 1,000 transactions per day. Here’s what often gets overlooked, especially in...
Sales are the same, but fees are increasing. Why?
It’s not just one thing. It’s a combination of structural shifts happening all at once. Let’s break down what’s actually driving it: 1. Interchange fees keep moving Interchange is the largest portion of your processing cost. As governments push card networks to reduce...