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Application Deadline Extended to CEBA

OTTAWA — The deadline for new Canada Emergency Business Account (CEBA) applications is being extended from March 31 to June 30, 2021. This change...

CIBC Launches Reward Program to Re-start Economy and Support Local Restaurants

TORONTO — With restrictions on restaurants beginning to ease across Canada, CIBC is launching a new program to support business owners and help them bring...

Supportive Measures: a Look at Federal Support Offerings

Many changes and additions have been made to the federal government’s COVID-19 Economic Response Plan since it was originally announced in mid-March.“We’re going to...

Mobile EMV and Contactless Payment Solution Rolls Out


TORONTO — Moneris Solutions, Canada’s largest credit- and debit-card processor, has selected Ingenico to deploy Payd Pro, Canada’s first mobile EMV, Chip and PIN and contactless payment solution.

Payd Pro, Moneris’ new mobile payment solution, allows merchants to use smartphones and tablets to accept Interac debit- and credit-card payments via EMV Chip and PIN, swipe and contactless acceptance technology.

Since January 2013, Moneris has seen an average 10-per-cent month-over-month growth in the adoption of mobile payments. With the recent addition of Payd Pro, year-to-date mobile merchant growth has more than doubled, at 132 per cent.

Tim Hortons Introduces Visa Payments

TORONTO — Starting today, Tim Hortons customers will be able to pay for their coffee, breakfast, lunch or other menu items using Visa credit...

Interac Launches Campaign to Encourage Debit Use

TORONTO — Interac has launched a 12-day national campaign to encourage debit card use at restaurants. This comes as restaurant owners are being faced...

Visa Canada on Code of Conduct

TORONTO — Visa Canada recently submitted a response to the Code of Conduct for the Canadian Credit and Debit Card Industry, issued by the...