Understanding Chargebacks

As much as any business welcomes a sale, a sale made using a credit card is not without an element of risk to the business. When a sale goes bad, the credit card companies – often at the prompting of the paying customer – may reverse the charge; i.e. they will charge back to the […]

The Pros and Cons of Shopify Payments

eCommerce, or the ability to sell a product or service to a consumer on-line, is here to stay. ECommerce is not the way of the future – it is, instead, very much a part of the present reality of selling products and will only grow. One of the solutions that many businesses turn to is[…..]

Understanding a Merchant Statement

Have you ever looked at your merchant statement and thought to yourself, “Well, this is as clear as mud.” Ever wondered, “What are all these charges? What do they even mean? How much am I paying???” If so, keep reading. In this article, we’ll identify and explain the major components of a merchant statement and[…..]

10 Facts About Canadians and Their Spending Habits

Canadians spend over $300,000,000,000 on their credit cards every year! More than the Chinese & Russian defence budgets combined! The average Canadian who has a credit card balance owes around $8,600! That’s 5 times more than the per capita GDP of India! The average spend per active credit card account is $9,700. That’s more than the average annual[…..]