Canada is not a crime-free paradise as many US citizens assume! According to a new investigation by the US State Department, Canada is one of the leading money laundering countries, perhaps comparable to notorious ones like Iran, China, Paraguay, among others. The report highlighted that Canadian banks aren’t taking the necessary Anti Money Laundering measures, a practice that has turned...
The new trade agreement among the U.S., Canada, and Mexico offers many benefits to online retailers, including no longer requiring shoppers to pay for some cross-border orders. The new trade deal known as the U.S.-Mexico-Canada Agreement (USMCA) takes on the basic framework of the former North American Free Trade Agreement (NAFTA). It also gives online retailers key benefits. Changes in...
No matter what type or size your business has, you need a merchant account to accept credit and debit payments in the modern world of business. So, if you need a Canadian merchant account, you should work with only a reputable processor to get the best for your business needs. This article will help you get your desired merchant services...
Canadian eRetail sales are growing. What about their volatility? Is it easy to obtain a Canadian merchant account? You can get answers to these questions if you keep on reading below. Canadian Merchant Account and eCommerce Sales eCommerce in Canada has been developing more slowly as compared to the UK, the US, and other countries. The reason is that each...
Canadian-based online businesses need to think about a few things before they apply for just any merchant account, which allows them to accept and process credit card payments safely. Though you can expect to meet some challenges when you apply for a Canadian merchant account, the process can go pretty smoothly if you know what to look for and think...
If you run a high-risk business in Canada and you’ve been looking to take it online then count yourself lucky because eMerchantBroker has set foot there, and is searching for merchants like you. EMB is already assisting many Canadian business owners with payment processing account solutions, including high-risk merchants who no one wants to associate with. We know that conventional...
Businesses no matter where they are located can’t get by without accepting and safely processing credit card payments. Whether you are an online business that relies heavily on credit card transactions or a retail business that doesn’t want to get lost in the world of cashless consumers, you will need a merchant account to process payments. When your business is...
The Code of Conduct came into force in August 2010. It’s called to promote business practices, and guarantee merchants and customers fully understand the costs and benefits associated with credit/debit cards. Credit and Debit Canadian Code of Conduct The Code is developed to: Ensure merchants clearly understand the costs associated with accepting credit/debit card payments, thus allowing merchants to have...
The Canadian code of conduct became operative in August 2010 and is projected to encourage good business practices and ensure retailers and customers identify with the costs and advantages of debit and credit cards. eMerchantBroker breaks down the benefits of the Canadian Code as well as a few missing items merchants should watch out for. The Good Effective Discount Rate...
The retail industry in Canada is undergoing a transformation. In many cases, e-commerce has been added to the traditional retail experience, thus giving birth to new digitally-enabled shopping experiences. Electronic Commerce in Canada Electronic commerce is becoming more and more popular among Canadians, and they plan to go on spending money online. According to Forester research, Canadians are expected to...
