How popular are mobile payments in Canada, anyway?

Only 12 per cent of Canadian smartphone owners have used their phones to make an NFC payment, according to Visa Inc. Numbers like that indicate mobile payment technology isn't catching on with Canadians

Published on: August 18th, 2017 Eric Emin Wood

Canada still has a ways to go before it becomes cashless

TORONTO - With countries like Sweden and South Korea announcing bold plans to go completely cashless over the next five years, Canadians have to wonder: when will Canada do the same? Not anytime soon,

Published on: March 1st, 2017 Alex Radu

Here’s why Canada was waiting for expanded Apple Pay support

Canadian banks may not have supported Apple Pay at its initial launch last November because the technology wasn't compatible with Interac Association's chip-and-pin contactless authentication method. Apple entered the Canadian market late last

Published on: May 10th, 2016 Brian Jackson

Apple Pay expands in Canada with support from major banks for debit and credit cards

Millions more Canadians could finally have access to Apple Pay, with the Cupertino, Calif. tech giant announcing today that the big five national banks, and payment networks Interac, Visa, and MasterCard have all pledged

Published on: May 10th, 2016 Brian Jackson

Interac collaborates with IBM to introduce new secure digital payment service

As mobile payments - and the security risks associated with them - gain traction, the need to protect users' personal information grows too, a fact that hasn't escaped the notice of Canada's leading

Published on: February 22nd, 2016 Eric Emin Wood

Scotiabank makes it easier for businesses to pay their vendors

One of Canada’s big five banks has announced a new service allowing line of business users to make instantaneous bulk payments to vendors and customers. Scotiabank revealed today that it is the first

Published on: October 26th, 2015 Lindsey Peacock

New mobile payments solution takes both debit and credit

With a slew of payment solutions providers now entering the mobile payments arms race, Moneris Solutions Corp. has now bumped up its list of payment options. It's now allowing small business owners to take

Published on: June 23rd, 2014 Candice So

Moneris Payd Pro accepts debit payments with smartphones

Merchants that want to accept debit card payments now have the option of using their smartphone or tablet to do so with a new hardware accessory from Moneris. Launched today, Payd Pro is

Published on: November 6th, 2013 Brian Jackson

MasterCard launches MasterPass with several Canadian e-commerce customers

MasterCard Canada announced the launch of its MasterPass digital payments platform that it hopes will eventually be used for both in-store purchases and online purchases alike. The digital wallet is being used for

Published on: April 11th, 2013 Brian Jackson

Canadians adopt “smart shopping” strategies this Christmas season

Forking over hard-earned cash for new holiday dresses, turkey dinners, greeting cards and expensive gifts for the extended family may seem difficult given the tough economy.But this doesn't mean Canadians are anywhere close

Published on: December 5th, 2008 Michelle MacLeod

Get that chip off your shoulder and put it on your credit card

Chip-enabled credit and debit cards will almost entirely replace magnetic strip cards within the next five years – perhaps sooner, e-payment experts say. Vastly improved security will be the most tangible impact of

Published on: October 31st, 2008 Kavita Gosyne

Microchips – and common sense – help bust debit fraud

Merchants offering customers Interac Direct Payment (IDP) to facilitate sales can now get computer chip technology machines to help guard against fraud, but industry insiders say using common sense is still the best

Published on: March 14th, 2008 Brian Jackson