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Canadian Open-Loop Market Grows 17 Percent, According To New Study

A new survey released by the CPPO titled Canadian Open-Loop Market: 2016 has revealed that the open-loop card market in Canada has grown by 17 percent between 2015 and 2016. Growth in all nine active segments, including consumer, corporate, and…

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The Real Cost Of Cheques To Canadian Businesses

Cheques are expensive, waste time, enable fraudsters, and limit the financial flexibility of its users. It’s time to switch to prepaid. HIDDEN AND DANGEROUS COSTS OF CHEQUES Cheque processing is expensive: Cheques cost between $2.00 and $3.85 more to process…

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Government Electronic Payment Programs on The Rise

Electronic payments have been one of the fastest-growing payment methods in Canada. Finding more cost-effective, safe, and secure payment alternatives has always been a priority within the government. Due to the wide array of benefits that electronic payments and payment…

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