The Canadian Economy Inspires Businesses to Call MONEXgroup
Jun 02, 2014

“A number of businesses are investigating additional terminals and/or upgrading their existing technology” On June 1, 2014, the Financial Post reported that small businesses are very optimistic about the Canadian economy – with the Canadian Federation of Independent Businesses stating that their Business Barometer index rose again for the second straight month (a score of 67.1).

In response to the increased revenue that an improved economy would bring, businesses are investing in MONEXgroup’s fast and secure credit card processing terminals. 

Great news! Flowers aren’t the only thing in full-bloom across Canada. Signs indicate that opinions of the Canadian economy are flourishing as well. According to a report by the Financial Post, the Canadian Economy and the Federation of Independent Businesses in Canada – says its Business Barometer index rose for a second straight month to a reading of 67.1 in May.

Canadian Economy
“A number of businesses are investigating additional terminals and/or upgrading their existing technology”

“A number of businesses are investigating additional terminals and/or upgrading their existing technology”Such a high score (anything above 50) implies that small business owners who expect stronger economic performance in the coming year and is a good indication of a growing Canadian economy.

This optimism has led a number of businesses investigating additional terminals and/or upgrading their existing technology in preparation for the increased sales. Keeping your payment processing terminals up-to-date can also speed up the checkout process resulting in shorter lines, shorter wait times – and overall happier customers.

“The checkout process is the last opportunity you have to impress a customer,” commented Vicky Martins, Marketing Manager at MONEXgroup. “Our credit card processing solutions offer speed and convenience with state-of-the-art security – protecting both the customer and the business from fraudulent activity and also contributing to the wow-factor.”

Although there are many terminals to choose from, one excellent choice for fast and secure credit processing is MONEXgroup’s iWL220 Bluetooth Short Range Wireless device. This terminal can reduce lengthy line ups by accepting payments anywhere inside or within close proximity to your location with the bonus convenience of the ability to print receipts on the spot. Additionally, the iWL220 is great for companies interested in a full day of processing without having to recharge the machine!

MONEXgroup is the number one payment processing provider in the Canadian Economy, offering the lowest rates in the industry. Services offered include: Debit card and Credit card point-of-sale (POS) terminals, mobile, Integrated and eCommerce online payment solutions. MONEXgroup serves over 25,000 merchant accounts across Canada in all market segments including: restaurants, business-to-business, professional services, leisure and hospitality.


Holly Murray
Marketing Communications
T: 1.866.286.7787 – EXT: 240



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