Payment solutions are a key part of any business strategy with the unprecedented growth in electronic payments. Payments Canada reported that new technology and payments innovation were rapidly changing the way Canadian consumers and businesses make payments for products and services.
The 2019 Payments Canada report showed that Canadians were very quickly moving to new payment solutions such as: contactless payments, e-commerce, mobile and online transfers. This movement towards new payment solutions has been accelerating in the past few years, and even more so in 2020. In 2018, electronic payments made up 73% of total payments volume while cash payments have seen a steady decline of 40% over the last 5 years.
“We are at a pivotal moment, with a number of key driving forces that are accelerating the transformation of Canada’s payment environment,” said Cyrielle Chiron, Payments Canada’s Head of Research and Strategic Foresight. “Evolving technology and industry innovation are changing the game, fuelled by consumer and business demands for friction-free, fast and secure payments.”
Because of the vital importance of payment technology, choosing your payment solution partner has never been more important. Partnering with Merrco will allow you to focus on your core business while we streamline your payment systems. We will also ensure you are offering your customers the latest payment technology in the market.
Our mission is to continuously solve payment needs and bring seamless, secure payment solutions to the market so that people can operate and grow their businesses. We have the right payment processing solution for merchants who sell instore or online, including ecommerce, virtual terminal, mobile, recurring, card present, gift and multi-currency offerings.
The Merrco Partnership program offers a number of benefits to partners, including:
No Partner Fees
Seamless Onboarding and Implementation
Omnichannel Payments Platform
Safety and Security
Dedicated Relationship Management and Support
Want to learn more about becoming a Merrco partner? Email us at email@example.com or call 1-800-957-0534 for more information.