April 2025 Payment Code Updates: What Canadian Merchants Need to Know

Upcoming Enhancements Effective April 30, 2025  The forthcoming updates to the Code of Conduct for the Credit and Debit Card Industry in Canada are designed to further empower merchants by enhancing transparency, flexibility, and control over payment processing arrangements.  Key changes include:   Enhanced Disclosure in Merchant Agreements Acquirers and payment processors will be mandated to […]

Essential Facts About Credit Card Processing

By Nuno Salgado, Payfirma (click here for original post) Payfirma is a partner of Telos One, and your one-stop merchant services provider for secure credit card processing. Business owners often find the process of accepting credit cards confusing, so we thought we’d debunk some of the common misconceptions people have about credit card processing.  Are […]

Interchange: What is it, and how does it work?

By Nura Eston, Merrco (click here for original post) Merrco is a partner of Telos One, and a secure payment processing solution for cannabis and regulated businesses. Have you ever wondered what interchange is, and why you’re charged fees for it? Here’s what you need to know. What is interchange? When a customer makes a […]