News & Events | Moneris

Toronto - Aug 12, 2024

Moneris extends partnership with Wix to offer all-in-one payments solution to power Canadian businesses

With the launch of Moneris Total Commerce, businesses will be able to serve their customers in-store and online through an omnichannel business solution.

Toronto - Jul 23, 2024

Moneris Expands the Moneris Go Commerce Solution to Enterprise Businesses

Moneris Solutions Corporation (“Moneris”), a Canadian leader in innovative solutions for mobile, online, and in-store commerce, has launched the Moneris Go PIN Pad, expanding their Moneris Go commerce suite to enterprise businesses.

Toronto - Jul 08, 2024

Moneris Introduces Moneris Go Retail POS for Canadian Micro and Small Businesses

From brick-and-mortar stores to craft shows or a farmers’ market, keep businesses running with the Moneris GO Retail POS.

Toronto - May 23, 2024

Moneris helps businesses accept payments on the go with launch of Tap to Pay on iPhone in the Moneris Go app

Tap to Pay on iPhone in the Moneris Go app will provide more flexibility and convenience for Canadian businesses to accept digital payments wherever their business takes them.

Toronto - Nov 25, 2023

Update on Cyber Security Incident

As an update to our November 21 statement, Moneris recently experienced an attempted ransomware attack. The incident did not affect our payment processing environments which continue to remain secure. Our dedicated team of cyber risk experts took action to ensure this incident was quickly identified and contained.

Toronto - Nov 21, 2023

Update on Cyber Security Incident

As an update to our November 13 statement on an attempted ransomware attack, we can continue to confirm there are no malicious files within our environment and that payment processing environments remain secure.

Toronto - Nov 13, 2023

False Reports of Ransomware Impacting Moneris

Moneris is aware of the reports of a cyber security incident involving a ransomware attack. We can confirm that an attempt was made by an external party and our Cybersecurity team prevented access to critical data and no ransom request was made.

Toronto - Jul 27, 2023

James Hicks announced as new President & CEO of Moneris

Global expert in payments and FinTech to head up Canada’s leading Payment Provider.

Toronto - May 31, 2023

Moneris partners with Wix to provide Canadian businesses an all-in-one ecommerce solution

This partnership will empower Canadian businesses of all sizes with Wix’s custom offerings from building their online presence, processing fast, secure payments, online ordering, invoicing, and more.

Toronto - Dec 14, 2022

Moneris Achieves ISO 22301 Certification for Business Continuity Management

The certification highlights Moneris’ commitment to service availability and minimizing the effects of disruptive incidents

Toronto - Oct 06, 2022

Moneris Statement on Surcharging

Mastercard and Visa agreed to enable surcharging in Canada effective October 2022. Moneris is in the process of developing and building this feature for our solutions.

Toronto - Oct 06, 2021

Moneris acquires UEAT to broaden unified commerce solutions for restaurant businesses across Canada

UEAT to become a wholly owned subsidiary of Moneris.

Toronto - Jul 22, 2021

Moneris partners with tiptap to offer touchless giving™ for non-profits and charities

As cash use continues to decline, tiptap helps donors give with the tap of a card or digital wallet.

Gatineau, QC - May 31, 2021

Government of Canada supports new technology to make electronic payment terminals accessible to persons with visual disabilities

The Government of Canada continues on the path towards a barrier-free Canada.

Toronto, ON - Mar 22, 2021

Moneris and BMO optimize the business-to-business payment process for Canadian businesses

By leveraging Moneris B2B Pay™, BMO Commercial card clients can send and receive payments with ease and confidence.

Toronto, ON - Mar 10, 2021

Moneris first processor in Canada certified to process Interac® Debit for open loop transit payments

Certification will allow transit authorities using Moneris Open Payments for Transit to accept contactless debit for fare payment.

Toronto, ON - Mar 02, 2021

Canadians exposing themselves to fraud with changes in behaviour during pandemic

Almost 40 per cent of Canadians report experiencing payments fraud or engaged in behaviour that could expose them to fraud since March 2020.

Toronto, ON - Dec 02, 2020

Offlinx connects marketing initiatives to sales performance with Campaign-Specific Analysis feature

Offlinx can now attribute in-store and online purchases to individual marketing campaigns, helping users determine which initiatives are truly driving sales.

Toronto, ON - Oct 08, 2020

CNIB working with Moneris to develop a more accessible payment terminal

CNIB is working together with Moneris Solutions Corporation, and supported by the Government of Canada, to create an inclusive and accessible shopping experience for everyone.

Toronto, ON - Sep 24, 2020

Moneris Names Duri Alajrami Chief Sales & Marketing Officer

Moneris announced the appointment of Duri Alajrami as the company’s new Chief Sales & Marketing Officer, filling a role left vacant due to retirement at the end of 2019.

Toronto, ON - Sep 08, 2020

Moneris launches all-in-one portable payment solution

Moneris Go is a sleek, compact terminal that offers businesses a modern payment experience with comprehensive reporting at their fingertips

Toronto, ON - Feb 10, 2020

Moneris Checkout delivers greater payment security, flexibility and control for online businesses

Moneris Checkout combines hosted payments with advanced fraud prevention features in a convenient, compact solution

Toronto, ON - Jan 15, 2020

Moneris Raises the Bar for Payment Data and Device Security with New PCI Validated P2PE Solution

End-to-end Encryption Solution Combines Secure Devices, Infrastructure and Applications to Offer Highest Level of Data Security for Merchants and their Customers

Toronto, ON - Jul 29, 2019

Contactless continues to represent more than half of all card present transactions in Q2

Overall credit and debit spending moderately grew at 2.9%

Toronto, ON - Apr 23, 2019

Moneris introduces universal payment application on next-generation devices

Moneris Core delivers a uniform payment and user experience across new Ingenico and Verifone point-of-sale terminals

More than half of all Q1 card present transactions were contactless

Overall credit and debit spending moderately grew at 2.5%

Moneris introduces Lightspeed Restaurant to its menu of iPad POS solutions

A bundled solution designed for every restauranteur offers unique management tools, reporting features and secure payment acceptance

TORONTO, ON - Jan 24, 2019

Holiday shopping and international transactions help boost spend in Canada by 3.0 per cent in final quarter of 2018

The final quarter of 2018 wrapped up with a 3.0 per cent increase in spend over the same period in 2017, according to Moneris Solutions Corporation (“Moneris”), Canada’s largest processor of debit and credit payments. This increase marks the lowest for 2018, and the lowest quarterly growth in four years.

Moneris launches Offlinx™ - the first marketing analytics tool in Canada connecting digital spend to in-store sales

The third quarter of 2018 saw spending in Canada remain fairly consistent with the previous quarter, according to the MonerisMetrics Quarterly Report released today by Moneris Solutions Corporation (“Moneris”), Canada’s largest processor of debit and credit payments. While spending was up 3.4 per cent over the same period last year, this modest increase is only slightly higher than last quarter, which saw a year-over-year spend increase of 3.3 per cent, the lowest quarterly growth in nearly four years.

TORONTO, ON - Oct 23, 2018

Payment card spending in Canada up 3.4 per cent in the third quarter of 2018

The third quarter of 2018 saw spending in Canada remain fairly consistent with the previous quarter, according to the MonerisMetrics Quarterly Report released today by Moneris Solutions Corporation (“Moneris”), Canada’s largest processor of debit and credit payments. While spending was up 3.4 per cent over the same period last year, this modest increase is only slightly higher than last quarter, which saw a year-over-year spend increase of 3.3 per cent, the lowest quarterly growth in nearly four years.

TORONTO, ON - Jul 19, 2018

Payment card spending in Canada up 3.3 per cent in the second quarter of 2018

Canadian spending has begun to flatten according to the MonerisMetrics Quarterly Report released today by Moneris Solutions Corporation (“Moneris”), Canada’s largest processor of debit and credit payments. In total, year-over-year spending in the second quarter of 2018 increased by only 3.3 per cent – marking the lowest quarterly growth in nearly four years.

TORONTO, ON - Feb 28, 2018

About Moneris Data Project Services

As the largest provider of innovative solutions for mobile, online and in-store payments, Moneris is uniquely positioned to provide data insights into the economic impacts of events and projects in Canadian cities.

TORONTO, ON - Jan 15, 2018

Moneris partners with Kount to expand fraud protection services for Canadian online businesses

Moneris Solutions Corporation (“Moneris”), Canada’s largest processor of debit and credit payments, today announced their partnership with Kount^®, an online fraud protection platform that assesses customer transactions in real time. The Moneris Kount partnership will allow large businesses using the Moneris Gateway to reduce fraud exposure and chargeback risks from online and in-app transactions.

TORONTO, ON - Nov 15, 2017

Moneris announces PAYD Pro® mPOS retail availability at Apple Stores across Canada today

PAYD Pro^® with new Verifone e355 PIN Pad provides contactless, chip & PIN and swipe payment acceptance for credit and Interac transactions

TORONTO, ON - Oct 04, 2017

Moneris introduces enhancements to its PAYD® family of mobile point-of-sale solutions

PAYD Pro® and PAYD Pro Plus® now support new Verifone e355 PIN Pad, offering improved connectivity and reliability

TORONTO, ON - Aug 21, 2017

Moneris names Malcolm Fowler Chief Product and Partnership Officer

Moneris Solutions Corporation (“Moneris”), one of North America’s largest processors of debit and credit payments, announces the appointment of Malcolm Fowler to Chief Product and Partnership Officer.

TORONTO, ON - Aug 03, 2017

Moneris introduces comprehensive iPad Point-of-Sale (POS) Solutions for Canadian retail and restaurant businesses

Moneris Solutions Corporation (“Moneris”), one of Canada’s largest processors of debit and credit payments, has introduced a range of complete iPad Point-of-Sale (POS) Solutions to help increase business efficiency for retail and restaurant businesses. Moneris iPad POS Solutions bundle software, hardware and Moneris Installation Services to help businesses get their payment systems up and running quickly. Businesses purchasing an iPad POS Solution also benefit from Moneris Concierge Services, a dedicated point of contact to help ensure a smooth transition to their new solution.

TORONTO, ON - May 31, 2017

Moneris Supports Android Pay in Canada

Moneris Solutions Corporation (“Moneris”), Canada’s leading credit and debit card processor, is pleased to support Android Pay in Canada for both in-store and in-app purchases. This digital wallet will help businesses across the country accept more payment types and offer a secure and convenient checkout experience for consumers.

TORONTO, ON - Mar 30, 2017

Nearly half of Canadian small businesses are using old technology to process sales

Despite more advanced point-of-sale (POS) options, 42 per cent of small businesses are relying on outdated cash registers to accept customer payments

TORONTO, ON - Nov 15, 2016

Moneris and ATB Financial Announce Five-Year Contract Extension

Moneris, today announced the signing of a five-year contract extension with ATB Financial (“ATB”), Alberta’s largest homegrown financial institution. Moneris will continue to provide ATB with merchant services by supporting in-store and online payments in addition to offering a wider variety of payment products and services.

TORONTO, ON - Nov 10, 2016

Vantiv Announces Agreement to Acquire Moneris Solutions USA

Vantiv, Inc. (NYSE: VNTV), a leading provider of payment processing services and related technology solutions, announced today its agreement to acquire Moneris Solutions, Inc. (Moneris USA) from Moneris Solutions Corporation (Moneris) for $425 million USD, subject to certain adjustments. Schaumburg, IL-based Moneris USA is the U.S. subsidiary of Moneris, which is a joint investment between BMO Financial Group and Royal Bank of Canada (RBC).

TORONTO, ON - Oct 27, 2016

Moneris names Nick Samurkas new Chief Operations Officer

Moneris Solutions Corporation (“Moneris”), today announced the appointment of Nick Samurkas to the role of Chief Operations Officer, effective October 3, 2016. Mr. Samurkas is responsible for running day-to-day operations for the organization as well as leading process improvements and customer experience enhancements.

TORONTO, ON - Sep 20, 2016

Canada pushing toward a cashless society with a 70 per cent drop in cash transactions by 2030

By 2030, cash purchases will make up only 10 per cent of money spent in Canada, according to a prediction by Moneris Solutions Corporation ("Moneris"), Canada’s leading credit and debit card processor

TORONTO, ON - Jul 20, 2016

Moneris Delivers New Tools and Resources for Developers

Moneris Solutions Corporation (“Moneris”), one of North America’s leading credit and debit card processors, introduced new and improved resources for eCommerce and mobile application developers seeking payment integration tools. The Moneris Developer Portal provides easy access to information and tools businesses need to add payment capabilities to their applications.

TORONTO, ON - May 10, 2016

Moneris continues contactless payment leadership in Canada as Apple Pay expands

Moneris Solutions Corporation (“Moneris”), one of North America’s leading credit and debit card processors, welcomes the Canadian expansion of Apple Pay enablement for Interac®, Visa® and MasterCard® cardholders, following the American Express® acceptance that was enabled in late 2015.

SCHAUMBURG, IL - Feb 24, 2016

Moneris the first North American processor to be able to self-certify EMV solutions for five major card brands

Moneris Solutions Corporation (“Moneris”), one of North America’s largest processors of debit and credit card payments, announced today it has been accredited to self-certify EMV-chip and PIN, and chip and signature terminals ...

TORONTO, ON - Jan 20, 2016

Moneris launches business-to-business payment solutions to optimize commercial card acceptance

Moneris Solutions Corporation (“Moneris”), one of North America’s largest processors of debit and credit card payments, today announced it will be providing electronic payment processing solutions to the business-to-business (B2B) marketplace in Canada, currently valued at $2.8T.1

TORONTO, ON - Nov 17, 2015

Moneris welcomes Apple Pay to Canada

Moneris Solutions Corporation (“Moneris”), one of North America’s leading credit and debit card processors, today announced support for Apple Pay in Canada for eligible American Express cardholders. Apple recently announced they will be partnering with American Express to bring Apple Pay to Canada for eligible customers.

SCHAUMBURG, Il

Moneris launches PAYD product family empowering businesses to accept payments anywhere in the U.S.

Moneris Solutions Corporation (“Moneris”), one of North America’s leading credit and debit card processors, announced today the availability of the PAYD product family for the U.S. market. PAYD Pro and PAYD are two innovative smartphone-based mobile point-of-sale ...

SCHAUMBURG, IL

Moneris becomes first payment processor to add EMV to Lavu’s iOS business management offerings

Moneris, announced today it is collaborating with Lavu Incorporated (“Lavu’”), a rapidly growing provider of POS solutions that run on iOS-based mobile devices, to offer integrated processing of EMV credit and debit card payments to restaurants, coffee shops, food trucks, bars and other businesses in the U.S. and Canada ...

TORONTO, ON - Jul 31, 2015

Pan Am Games a win for Toronto businesses

Overall spending in downtown Toronto grew 7.71 per cent during the period of the Pan Am Games (July 10-26) compared with the same period last year ...