Interchange Rates

Committed to providing notice of fee increases and new fees

Moneris is committed to provide merchants with adequate advance notice and in accordance with the Code of Conduct for the Payment Card Industry in Canada. Notice will be issued for applicable fee increases and the introduction of a new fees related to payment card transactions, and reduction in applicable interchange not passed on. The notice period allows merchants the time to assess the financial impact of the change. 

Following notice, a merchant may choose to exit their contracts with Moneris without penalty and in accordance with their merchant agreement and the Code of Conduct for the Payment Card Industry in Canada.

Effective Merchant Discount Rate

Percentage calculated as a total Acquirer/Processor Fees and PCNO Core Fees paid by the merchant to an Acquirer or Downstream Participant for the processing of each PCNO card type the merchant has chosen to accept, divided by the total sales volume for that PCNO card type.

Merchant Direct

Moneris Solutions has made a significant investment in Merchant Direct® – our online statement tool which allows you to view enhanced transaction details – 24 hours a day, 365 days a year. Visit https://www2.moneris.com/en/login to register or to log in to your account.