Merchant Account and Credit Card Processing for Canadian Businesses Explained

Historically, in Canada the primary way to obtain a merchant account or credit card processing services would be to go to a local bank and get referred to whatever credit card processor the bank is referring businesses to.  This is usually Moneris or TD Canada Trust which are by far the largest credit card processors in Canada right now.  With the introduction of SquareUp and PayPal Canadian merchants have other alternatives but they do not address the real needs of Canadian business that need to accept Interac Chip Cards which is the preferred payment method in Canada.  Just being able to accept standard credit cards does not truly meet the needs of the Canadian businesses.

We constantly get calls from Canadian business owners interested in our free equipment programs...  Until now this was only available in the USA.  In the past Canadian businesses would pay much more than US businesses for credit card processing services and equipment.  In fact, the cost of equipment is exactly the same in Canada as the USA and the cost of interchange (the credit card processors actual cost to process the transaction) is lower in Canada than in the USA.  So why do businesses in the USA pay so much less than their Canadian counterparts and in addition get provided with free credit card processing equipment?

The answer is simple...  Canadian credit card processing companies (yes, Canadian companies) have been raking in the dough from businesses who continue to overpay for credit and debit card processing services and equipment.  In addition, they have been known to increase fees every year and their contracts all carry heavy cancellation fees just for the merchant agreement (keep in mind I say merchant agreement not equipment lease).  The Non Cancellable equipment lease you (most likely) signed is probably with an entirely different entity that they (the Canadian credit card processor) misguidedly signed you up with disguising it as part of their merchant agreement!  I'm sure that many who are reading this article have been duped in just this way and are looking for a reliable honest company that does not overcharge for services and equipment.

Bravertek's solution for Canadian Businesses...  We have partnered with Canadian banks and payment processors to combine your merchant agreement and equipment in an all inclusive credit card processing solution.  We only charge 1.59% on all qualified transactions.  If you don't like the equipment, send it back anytime, we will cancel your account with no penalties. Our contract terms are straightforward and honest.  By opening a new merchant credit card processing account with Bravertek through one of our trusted A+ BBB accredited processors you will be provided with a FREE wireless or countertop credit card processing terminal that will be equipped to handle all payment card types including Interac.  In addition, the credit card processor will be able to provide you 24/7 technical support and overnight shipping services on new equipment orders, upgrades and replacements.  Free credit card processing equipment options before now were only available to businesses in the USA.  Take advantage of this offer while supplies last!  Click here for more info or request a quote below.

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