Canada Card Credit Processing Apr 2026

: The intermediary (e.g., Moneris , Stripe , Square ) that routes transaction data.

Credit card processing in Canada involves a fast-acting sequence between the merchant, payment processor, and banks to authorize and settle payments. As of 2026, credit and debit cards remain the dominant payment methods, making up roughly 63% of total payment volume. The Players : Merchant : The business selling goods or services. canada card credit processing

: Processing costs typically range from 1% to over 3% per transaction. : The intermediary (e