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Following a competitive process, the Government of Canada selected Moneris as the successful bidder to provide card processing services to federal departments and agencies across Canada.
As part of the agreement, Moneris will process all Interac Debit, VISA, MasterCard and American Express payments for Government of Canada services.
Approximately 38 federal government departments and agencies accept credit and debit cards at different locations across Canada. Through the agreement, Moneris will provide all Point of Sale (POS) devices as well as manage all card payment transactions for various government services offices.
In line with the government mandate, Moneris will work to ensure that cost recovery services provide the best possible solution at an affordable cost to Canadian taxpayers while continually helping the federal government evolve its payment processing solutions to keep pace with the ever-changing payment technology landscape.
Moneris has more than 350,000 merchant locations.
For more data on Moneris access CardData®. For information and commentary on Moneris visit the searchable CardFlash® Library of more than 58,000 articles published since 1995. RAM Research® forecasts on Moneris are available exclusively through CardWeb.com.®