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Key takeaways Suspecting a fraudulent credit card transaction should not be overlooked and can be addressed through certain protections and a refund process with the card issuer. It is important ...
A surcharge is a fee that a merchant may add to a transaction when you pay by credit or debit card. This fee is usually a percentage of the transaction amount and is capped at 2.4% in Canada.
Canada will reduce credit card transaction fees for small businesses by up to 27% starting on Oct 19, Finance Minister Chrystia Freeland said in a statement on Tuesday. The cut could save eligible ...
📢Starting Oct. 19, Canadian #smallbiz will save up to 27% on credit card fees. That means more money for businesses like Farmhouse Artisan Cheese in #Oakville to increase their growth and ...
The federal government says it will regulate credit-card transaction fees if the financial industry does not lower costs for small businesses. Finance Minister Chrystia Freeland’s fall economic ...
The recent change in credit card fees allows payment companies to continue to force Canadians to pay some of the highest interchange fees in the world, according to Katie Verigin.
Not surprisingly, credit card fraud is near the top of the list of so-called identity theft crimes. To get a better handle on this, businesses and consumers alike have better tools at their disposal.
Visa, MasterCard and the country's biggest banks are accused in a lawsuit of being part of a price fixing conspiracy that has forced merchants to pay billions of dollars in credit ...
However, the 2012 settlement only covered credit card transactions and not debit cards or pre-paid gift cards. Visa and Mastercard rules prohibit transaction fees for debit card transactions, but ...