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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.

Canadian Restaurant Owners Cheer End of NHL Lockout

MONTREAL — Restaurant and bar owners across Canada are cheering the end of the NHL lockout, which resulted in a hit in revenue to...

Week of Jan. 17, 2011

  China Agrees to Buy Canadian Seal MeatFederal Fisheries Minister Gail Shea announced recently that China plans to start buying Canadian seal meat....