Author: Eric

A Virtual Terminal is a secure payment website that a business can access from any standard web browser. When you have a payment to process, you login online to your dashboard and bill the customer for their transaction. The payment process is very secure and...

Vanessa Lu | Business Reporter Robert Kheir, chief financial officer of ASL Distribution Services, in one of his two Oakville warehouses. ASL recently switched to an online pay system rather than using Canada Post. Canada Post says it's slowly clearing out the backlog from the lockout and...

By SCOTT SIMPSON, Vancouver Sun July 12, 2011 6:31 AM From left: VersaPay’s Ryan Wilson, Jody Rebak, Greg Bell and Matt Vague offer streamlined bill-paying systems for business-to-business transactions. Photograph by: GLENN BAGLO, VANCOUVER SUN Payment systems are a $44-trillion market, and VersaPay wants just a slice of...

It’s the beginning of the NFC (near field communication) mobile payments era and consumers want the ability to pay with their mobile phones at stores or restaurants. In a recent survey of U.S. consumers, MasterCard found that many people are ready to change how they...

MasterCard PayPass and Visa payWave provide a “contactless” way to pay. It’s great for small purchases and moves you quickly through the checkout process at participating merchants. A simple tap of your card on the RFID card reader is all it takes to pay. To ensure...

What is credit card fraud and how can it affect my business? Credit card fraud affects almost every business in Canada. Credit card fraud is responsible for the majority of all fraudulent transactions. Take preventative measures so your business isn’t targeted. It is crucial to have measures...