BofM and RBC have been negotiating to sell Moneris the largest and one of the last Canadian Payment Processors to an American Investment firm. The sale is not final but may close if all conditions are fulfilled in the first quarter of 2027. We have...
MasterCard just increased their Network Assessment fees on Foreign Credit and Debit Chttps://feeadvocates.ca/wp-content/uploads/2026/08/Blog-Header-300x84.gifard transactions to 1.13%. That means on every foreign credit card transaction and foreign online debit card transactions you pay the applicable TRANSACTION FEE, CANADIAN NETWORK ASSESSMENT FEE and PROCESSORS FEES plus the...