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MONEXgroup Archive For 2017

How Integrated Payments Can Benefit your Businesses Today!
Oct 04, 2017
Integrated Payments are a set of transaction-related tools that a business can employ to integrate with various systems including accounting software, customer relationship Management (CRM) and full-service POS systems that all share and utilize communications via payment processing. Integrated payments provide enhanced intelligence for day-to-day business applications. This data can...
The New Frontier of Digital Payment Technologies & What to Expect Going Forward
Sep 01, 2017
In our ever-changing society where technological innovation surrounds us at every turn, there is no question that digital payment technologies have already made a significant impact and will only continue to flourish. Advances such as contactless and mobile payments are undoubtedly improving daily business efficiencies, thus adding value to routine...
Rave Reviews for the Convenience and Efficiency of Tap & Go
Aug 11, 2017
Punching in one’s pin code to pay is rapidly becoming passé for Canadian consumers, and the world at large, with the rise of contactless payment technology. Canadians have been quick to adopt contactless payments using their Credit and Debit cards equipped with NFC technology that enable swift instantaneous payments. MasterCard’s...
MONEXgroup Presents: Credit Card Transaction Essentials
Jul 27, 2017
The credit card, a seemingly simple 3.37" wide x 2.13" high piece of plastic, in fact carries immense value for Canadian consumers. It contains a user’s confidential information, dictates their purchasing power, and its management affects the holder’s credit rating. The almighty credit card has thus become an indispensable item...
Amazon’s Acquisition of Whole Foods Could Present Innovative Self Service Payment Solutions
Jul 07, 2017
On June 16, E-Commerce giant Amazon announced their acquisition of Whole Foods, an upscale organic grocery store chain, at an impressive $13.7 billion price tag all paid in cash. The strategic move on Amazon’s part vastly expands their presence as a physical retailer by capitalizing on a popular grocery chain...
The Wait is Finally Over! Android Pay Arrives in Canada
Jun 27, 2017
In November 2015, Apple Pay officially launched in Canada and has since made significant inroads in changing the landscape of how Canadian consumers pay in their daily lives. The shift in payment preferences is consistent with changing behaviour in society as we now live in an era where our mobile...