Trusted by More than 2,000,000 Canadians since 2016
Compare Canadian payment processors on transaction rates, monthly fees, payout speed and hardware.
No items in this category yet.
6 processors compared on what each transaction costs, what you pay monthly, and how fast money reaches your account. If you use or are considering a merchant cash advance, payout speed matters as much as the rate.
Flat rate is simpler and usually cheaper below roughly $10,000 a month. Interchange-plus is more transparent and cheaper above that, because you pay the true card cost plus a set margin rather than a blended average.
Merchant cash advances repay as a percentage of card receipts, so your processor determines both the data the lender sees and how quickly repayment flows. Several lenders integrate directly with the major processors, which speeds approval.
A customer disputing a transaction. You lose the sale amount plus a fee, typically $15 to $25, even if you win. Processors differ in how much support they give in fighting them.
