Press Release
-
DebitWay Declares an Open Door Policy for all Potential Partners and Merchants
(Read more)November 6th, 2023
DebitWay, one of the world’s most popular payment processing companies, has declared that they have an open door policy for all or any merchants, irrespective of their business stakes
Montreal, Quebec (PRWEB) November 6, 2023
Click here to download this page in PDF format.
Click here to view this page on PRWEB.DebitWay, one of the world’s most popular payment processor, has made an announcement that they are not only willing but they are also completely equipped to handle merchants from any industry with any kind of requirements.
Past DebitWay’s successful Loyalty Program which jumped the sales and web traffic of their partners significantly, they have come ahead to declare that they have the capacity to mirror such results for merchants and partners in any field at all, as long as they comply by their ethical and legal standards.
DebitWay has further explained that their knowledge base comes from a sister company, specializing in payments. “Our foundations and learnings, at DebitWay, are rooted in our sister company, a much established payment provider, that has handled merchants from every field imaginable under the sun,” commented Rod Tomita, the Director of Business Development at DebitWay. “That pretty much makes all kinds of business, a potential partner for us at DebitWay. Any online shopping businesses are welcome to our fold because of our ability to handle all types of merchants, with high or low risks,” he added.
DebitWay has elaborated that they are specifically equipped as an online payment processor to provide specialized tools that help to detect and prevent internet fraud and can cater to merchants around the globe. They have emphasised their ability to pave the way for businesses to accept payments from users and customers worldwide, simply with a single click. All the user needs is a bank account and DebitWay’s payment gateway makes a direct transfer from their account to the merchants. DebitWay’s promise is to make online payments as easy as paying with cash.
DebitWay has also stressed about their strict compliance policy that it follows to the Tee, which makes their fraud protection leak proof and perfect for all merchants. DebitWay welcomes an open dialogue with any merchants just looking to know more or interested in partnering. Reach us at social(at)debitway(dot)com.
-
DebitWay Offers Turnkey Service To New And Long Standing Digital Currency Merchant Partners
(Read more)August 28th, 2023
DebitWay extends turnkey payment processing service to its existing and future crypto currency eMerchant partners.
Montreal, Quebec (PRWEB) August 28th, 2023
Montreal, Quebec, Canada based payment service provider (PSP,) DebitWay, is continuing to provide assistance to the crypto currency industry. DebitWay has delivered on its promise to deliver a turnkey family of online payment processing options tailored to its digital currency eMerchant partners needs.
With Credit Card Processing (CCP�), eCheck electronic funds transfer (EFT) processing and Direct Debit Transfer (DDT�) processing, DebitWay effectively arms its digital currency partners with the, or the combination of, payment options that they most need and desire in order to promote a successful business plan.
DebitWay�s turnkey payment service and payment processing options offers those eMerchants in the crypto currency industry the ability to honor customer orders from over 50 countries worldwide. As a PSP who does not cringe or shy away from what many industry pundits deem �High Risk� partnerships in �High Risk� industries like digital currency, DebitWay adheres to its standards for qualifying merchant partners who operate in regulated industry verticals such as MSB�s and Medical marijuana and high end replica furniture.
In so doing the Canadian payment service provider ensures that those eMerchants who seek trusted, effective and reliable online payment processing meet and maintain the required compliances in order to protect compliant processing.
�DebitWay takes great pride in the merchant partnership we have fostered over the years...� states DebitWay�s Director of Business Development & Production Rod Tomita, �Our eMerchant partnerships in the Digital Currency industry have been some of our most rewarding�.
DebitWay, in working with its digital currency eMerchant partners, has delivered on its promise to lower operating costs by automating the payment and payout processes. �Guaranteed payments, automated transaction processing and seamless website integration are just the tip of the DebitWay iceberg�, added Rod Tomita.
Headquartered in Montreal, Canada, since 2004, DebitWay continues to be one of the leading Certified Payment Service Providers in the world, as well as a Payment Provider of INTERAC� Online in Canada. DebitWay merchant partners continue to benefit of being able to accept bank payments in real-time instantly.
Interac and the Interac logo are trade-marks of Interac Inc. The Interac Online Payment service is owned and operated by Acxsys Corporation
-
DebitWay Continues To Grow Its Merchant Partner Portfolio By Extending Payment Processing Service To The Medical Field
(Read more)July 17th, 2023
DebitWay refines its alternative online payment processing to facilitate those suffering and in need on medicinal marijuana
Montreal, Quebec (PRWEB) July 17, 2023
The Montreal, Quebec, Canada based payment service provider (PSP), DebitWay, has refined its family of online payment processing services to tailor the medicinal marijuana industry. Since announcing it foray into the medicinal industry this past March, DebitWay has continued to refine its payment processing service in order to make online medical purchases as easy as possible.
On March 26, 2015, DebitWay announced a partnership with Vancouver based non-profit medicinal marijuana dispensary; MedPotNow. In so doing, DebitWay opened the doors to providing similar industry eMerchants the safe, trusted and reliable payment service processing that the Canadian PSP has been offering its merchant partners for over a decade.
�Since our publication on March 26th, wherein we announced that DebitWay comfortably provides Direct Debit Transfer (DDT�) payment processing service, amongst other payment methods found in the DebitWay family...� said Director of Business Development & Production Rod Tomita �... I am please to report that we are continuing to work with MedPotNow and are diligently treating (and accepting) new eMerchant applications.�
When reached for comment Rod Tomita was pleased to add that in addition to DDT�, DebitWay has also tailored their family of online payment options to also incorporate Credit Card Processing (CCP�) to help assuage the medicinal marijuana industry.
DebitWay continues to forge new merchant partnerships and continue to provide turnkey payment processing set ups to those eMerchants who require it. In adding the medicinal marijuana industry to their ever growing portfolio of eMerchants partners, DebitWay now boasts merchant partnerships in diverse market verticals; social gaming, replica furniture, digital currency and medicinal marijuana to name but 4.
Added Rod Tomita, �At DebitWay our goal continues to be providing eMerchants with the payment services that they require and that most fit their needs.�
Headquartered in Montreal, Canada, since 2004, DebitWay continues to be one of the leading Certified Payment Service Providers in the world, as well as a Payment Provider of INTERAC� Online in Canada. DebitWay merchant partners continue to benefit of being able to accept bank payments in real-time instantly.
Interac and the Interac logo are trade-marks of Interac Inc. The Interac Online Payment service is owned and operated by Acxsys Corporation.
-
DebitWay's Interac E-Transfer request Allows Partners Unparalleled Transaction Freedom
(Read more)July 3rd, 2023
EFT Enables DebitWay Partners to Access Every Financial Institution in Canada
Montreal, Quebec (PRWEB) July 03, 2023
Click here to download this page in PDF format.
Click here to view this page on PRWEB.The Montreal, Quebec-based online payment solution giant, DebitWay.ca, has reintroduced its long standing online payment option; Interac Online E-Transfers to merchants. The 100% Canadian-owned Company continues to excel for its partners and to offer payment platforms to new merchants.
Interac Online is not a novel payment solution, nor is it new to the DebitWay family. DebitWay partners have been benefiting from Interac Online for years and now new merchants will have the same opportunity. By reintroducing E-transfer payments to its existing partners who may not have been aware of this option and to all prospective new merchants, DebitWay has effectively opened the door for everyone to access any and all financial institutions in Canada, be it banks, credit unions or caisses populaires. "Merchants can offer an alternative payment method that everyone knows how to use," states Director of Business Development & Production, Rod Tomita.
Interac E-Transfers is essentially sending cash online. As long as a user who wishes to make an online transaction is the beneficiary of a valid Canadain Bank account, he can pay for all goods and services if the merchant has enabled DebitWay’s E-Transfer payment option. E-Transfer payments, which also go by the terms "request for Money" are the most prevalent services offered by Canadian financial institutions.
In reintroducing Debitway Interac Online E-Transfer payments to their partners and now offering this payment option to everyone, DebitWay is both educating and helping merchants profit from the ability to expand their potential client base and transaction totals. This method of payment is ideal for online shoppers who cannot secure credit cards, in order to better monitor their transactions. For the tens, if not hundreds, of thousands who manage their finances with credit unions or caisses populaires, E-Transfer has always become the ideal method with which to make an online purchase. DebitWay has continued to provide a Secured Platform with the highest standards in order to ensure both customer and merchant information security." Over the years, DebitWay has added several security layers but have maintained the same standard and simple API (application program interface) to integrate."
For vendors seeking to optimize their revenues, Interac E-transfers proposes the luxury of being able to accept payment from anyone and any financial institution, nationwide. "All merchants will be excited to know that this will accelerate their sales now!". Moreover, for online merchants who specialize in industries like social gaming, remittance or digital currency and have been unable to secure a reliable payment service provider, Debitway Interac E-transfer is the answer to their prayers.
-
DebitWay Launches *Online Payment Processing Service Bundle in Conjunction with New Master Merchant Control Panel
(Read more)September 30th, 2022
DebitWay is making it easier for merchants to manage their accounts and add new payment methods
Montreal, Quebec (PRWEB) September 30, 2022
Click here to download this page in PDF format.
Click here to view this page on PRWEB.DebitWay.ca, The Montreal Quebec alternative payment processing service provider who transacts exclusively through Debit, has released a Bundle feature in conjunction with the launch of its New Master Merchant Control Panel.
In contrast to other payment providers, DebitWay does not rely on credit cards or e-wallets, rather the Canadian payment processing giant has opted to transact with banks via Debit for over a decade. In so doing DebitWay can assure its merchant partners of real-time payment processing and eliminate the fear of charge backs.
DebitWay.ca first came onto the online payment processing scene in 2004 as a certified *INTERAC® Online Payment (IOP) solution provider. Since then, DebitWay has grown its family of payment methods 400% by adding Direct Debit Transfer (DDT), Electronic Funds Transfer (EFT) and Automated Clearing House (ACH) to the fold. Previously each respective payment method needed to be managed separately and any new payment form requested brought with it a slew of contract paperwork and pre-requisites to complete. In offering its Bundle package, DebitWay has consolidated and simplified every aspect of payment processing incorporation and management.
“In providing our partners with a payment processing Bundle and a New Master Merchant Control Panel, we are eliminating the need to log into several accounts to manage their transactions” declares Rod Tomita (Director of Business Development & Production) and adds that “setting up the Bundle and New Master Merchant Control Panel has been a year in the making, but the benefits it provides merchants is worth 10 times that."
Merchants who operate multiple eCommerce websites will no longer have to apply for a separate payment processing account when seeking to add an alternative payment method to any of their websites. The initial application process with DebitWay will now allow merchants to incorporate any of the Bundle’s options without hassle. “Merchants used to have to read through and sign pages of contracts for every payment method they requested. The Bundle creates 1 Master Merchant account; any additions are derived from it and forego the need of signing new contracts” says Rod Tomita who goes on to add, “If you have IOP on your site and want to add EFT for example. All you need to do is request it from your Master Merchant Control Panel. You have already been pre-screened and approved by virtue of your Master Merchant account. It really doesn’t get any easier than that."
Online merchants who sign on for the DebitWay Bundle will benefit from access to four unique payment programs, each with their own particular assets.
IOP is the ideal Canadian debit payment processing service. It is the most recognized brand in Canada (*Interac) and assures that all transactions are made in real-time, with the security of no charge backs and instant confirmation coast to coast.
DDT is IOP’s Global counterpart. The perfect payment processing option for merchants whose target consumers could come from anywhere around the world. Real cash transactions, processed with lightning quick efficiency that are free from the threat of charge backs.
EFT is the optimal payment processing service for Canadian online merchants who are seeking to expand their potential consumer base. EFT allows merchants to accept e-checks as payment, in so doing, a client who conducts his finances through a bank, credit union or caisses populaires can make an online purchase.
ACH is the American counterpart to EFT. With hundreds of millions of online consumers in the United States, merchants who are seeking to tap into that infinitely lucrative market will be overjoyed to know that they can accept payment with ACH.
“We have worked diligently to provide both our existing merchant partners and our future partners with the tools to they need. By innovating our services we are helping our merchants prosper and that is our ultimate goal,” states Rod Tomita.
*Interac and the Interac logo are trade-marks of Interac Inc. The Interac Online Payment service is owned and operated by Acxsys Corporation.
-
DebitWay Launches New Turnkey Payment Processing Service For Online Merchants
(Read more)March 12th, 2022
Canadian Based Alternative Payment Service Provider is promising to solve industry processing problems now
Montreal, Quebec (PRWEB) March 12, 2022
Canada based DebitWay continues to aggressively court and support electronic merchants (eMerchants). Following DebitWay�s most recent announcement concerning Magento integration, the trailblazing alternative payment service provider is now proposing a Turnkey service to existing and prospective merchant partners.
On February 26th, 2022 , DebitWay unveiled it�s plan to help eMerchants currently signed on with Magento by offering to expand their payment processing reach and methods as well as committing to undertake the integration for those partners who are seeking to take advantage of this service.
Today DebitWay has taken their commitment to supporting eMerchants and processing their electronic commerce payment and pay out requests one step further. In offering a Turnkey service, DebitWay is effectively offering existing partners (who are looking to expand their payment processing) and future partners a complete end to end service that can take an eMerchant from Great Idea to Great Idea that sells!
DebitWay�s Turnkey service offer promises to take eMerchants and their electronic businesses to the online payment processing Promised Land, from beginning to end. �Our Turnkey payment processing solutions takes care of everything for the eMerchant� says Director of Business Development & Production Rod Tomita, �DebitWay is a complete, Bank to Bank alternative payment service provider that will set eMerchants up to honor online payments quickly, safely and efficiently�.
While DebitWay has made a name in the alternative payment processing field by offering online merchants Direct Debit Transfer(DDT�), eCheck Processing for Canadian and American consumers with Electronic Funds Transfer (EFT) & Automated Clearing House (ACH). However more recently, DebitWay has incorporated Credit Card Process (CCP�) solutions to their family of online payment processing options, particularly to help merchants in High Risk industries like Digital Currency, Remittance, Replica, Gaming, PSPs and Payday loans to name but a few.
Headquartered in Montreal, Canada, since 2004, DebitWay continues to be one of the leading Certified Payment Service Providers in the world, as well as a Payment Provider of INTERAC� Online Payment (IOP) solution in Canada. DebitWay merchant partners continue to benefit of being able to accept bank payments in real-time instantly.
*�Interac and the Interac logo are trade-marks of Interac Inc. The Interac Online Payment service is owned and operated by Acxsys Corporation
-
Digital Currency Exchange Cryptsy Inc. Partners With DebitWay.ca To Facilitate Altcoin Trading
(Read more)October 9th, 2019
Cryptsy.com is the latest Bitcoin Enterprise to partner with DebitWay.ca and benefit from their certified Online Debit Payment solution
Montreal, Quebec (PRWEB) October 09, 2019
Click here to download this page in PDF format.
Click here to view this page on PRWEB.The Montreal, Quebec based alternative payment service provider, DebitWay.ca, continues to grow it portfolio of Bitcoin and digital currency partners. Cryptsy.com joins Expresscoin, and CoinRNR as digital currency enterprises that have looked to DebitWay.ca to help expand their businesses into the Canadian market and beyond.
DebitWay.ca, who has successfully partnered with Remittance, Social Gaming and Telecom online merchants over the years, has recently widened its focus to include the Bitcoin (Digital Currency) industry. With a 10 year track record of providing payment processing to electronic merchants (eMerchants) in high risk sectors, DebitWay.ca appears to be the go to destination for Bitcoin businesses who are seeking to grow.
Delray Beach, Florida based Cryptsy.com is the latest cryptocurrency enterprise to partner with DebitWay.ca. Founded on May 20th, 2013, Cyptsy.com’s rapid growth has seen meteoric rises in both customer base and total online trades to the tune of 230,000 registered users and over 300,000 trades per day. With a user friendly website interface, a strong presence in social media and a reputed 150 different types of crypto-currency available for trade, Cyptsy.com’s expansion should come as no surprise to those in the Bitcoin world. “We set out to make it safe and easy for users to trade digital currency. Our success and growth is a direct indication that people are interested and passionate about the future of coinage” Attests Cryptsy CEO Paul Vernon.
By offering DebitWay.ca’s Payment solution, Cryptsy.com continues to adhere to its mission statement: To provide a safe environment for users to trade crypto-currencies with other users as efficiently as possible. The inclusion of IOP ensures that members can transact with impunity, bereft of any identify theft threat. “One of the beautiful things about IOP is that no personal information is ever transmitted over the internet” States Senior Software Developer Jonathan Arias who goes on to add that “any information transmitted across the DebitWay server is encrypted and is protected with the best encryption software in the industry – SSL” The partnership between DebitWay.ca and Cryptsy.com will allow Canadian crypto-currency enthusiasts to transact with Cryptsy on their on terms and in their own currency, allowing the Altcoin trader to expand its growing number of registered users.
DebitWay.ca’s payment processing service is the ideal first step towards international direct debit transactions. With IOP firmly in tow, Cyptcy.com can now look to DebitWay’s Direct Debit Transfer (DDT) in order to secure worldwide real-time cash transactions in the hopes of allowing people from all walks of life to trade digital currencies amongst each other. “Cryptsy is dedicated to mediating digital currency trades amongst peers; DebitWay is dedicated to helping eMerchants reach as many users worldwide as possible. It is a perfect match” Contends Director of Business Development & Production, Rod Tomita.
*Interac® Online and the Interac logo are registered trade-marks of Interac Inc. Used under licence. The Interac Online Payment Service is owned and operated my Acxsys Corporation.
* Previous misstatements in this press release have been corrected in order to reflect that DebitWay is a provider of the Interac® Online payment service. DebitWay in no way intends to communicate ownership of the Interac Online payment service or imply endorsement by Interac Inc. and Acxsys Corporation of DebitWay’s services.
-
DebitWay.ca Now Offering Its Direct Debit Transfer (DDT) Payment Gateway to All Canadian Payment Service Providers (PSPs)
(Read more)February 4th, 2019
Payment Service Providers looking to honor international transaction processing for their online merchants set to benefit from White Labelling of DebitWay’s DDT
February 4th, 2019 (Montreal, Canada) The Montreal, Canada based alternative payment service provider (PSP) DebitWay.ca is now offering its vaunted Direct Debit Transfer (DDT) Global payment processing gateway to fellow Canadian PSPs. But why is DebitWay allowing competitors to “White-label” their product?
“DebitWay may have created, refined and perfected the DDT; Direct Debit Transfer online payment gateway, but our goal has always been the enabling of electronic merchants (eMerchants) to grow and honor their consumers’ requests from all over the world, this is a payment gateway that everyone should have access to”, avowed Director of Business Development & Production Rod Tomita.
By offering DebitWay’s DDT, payment service providers can present their existing online merchants access to over 500 banks in over 50 countries, merchants who are likely already looking for ways to process international transaction requests and benefit from a Global Payment Gateway service.
PSP’s who sign on to provide merchants with DebitWay’s “cash online” DDT payment method will also be equipped to grant their merchant partners a feature unique to Debitway’s DDT; guaranteed transactions that are immune to Charge Backs/Reversals. In essence, DebitWay is allowing eMerchants and their respective PSPs to enjoy Guaranteed Payment processing from anyone in the world.
DebitWay, who first made news by offering INTERAC® Online Payment (IOP) processing for Canadian electronic merchants in 2009, has grown its family of payment options other the years and has worked tirelessly to create a payment hub that merchant partners can both appreciate for its simple reliability as well as entrust it to evolve with the changing times.
By opening its virtual doors to other payment service providers (PSPs), DebitWay.ca is effectively providing eMerchants with the ability to expand their online businesses. “In the end it is all about making sure the online merchant can process transaction requests from anywhere in the world. Helping merchants has always been our #1 priority” said Rod Tomita.
Headquartered in Montreal, Canada, since 2004, DebitWay continues to be one of the leading Payment Service Providers in the world, as well as a Certified Payment Provider of INTERAC® Online Payment (IOP) solution in Canada. DebitWay merchant partners continue to benefit of being able to accept bank payments in real-time instantly.
*Interac and the Interac logo are trade-marks of Interac Inc. The Interac Online Payment service is owned and operated by Acxsys Corporation.
-
DebitWayTargets Magento Subscribers And Aims to Open a World Of Potential Transactions For Those eMerchants who Are Seeking to Grow
(Read more)February 26th, 2018
The Canadian Based Alternative Payment Service Provider is offering Magento Subscribers Turnkey integration to their control panel and payment options
February 26th, 2018 (Montreal, Canada) DebitWay Continues to cement itself as the go to alternative payment service provider. Based in Montreal, Quebec, Canada the payment processing company is continuing to turn heads around the world by virtue of their online Debit payment solution and family of alternative payment methods offered to eMerchants.
DebitWay’s latest corporate target goal is enabling Magento users to benefit from turnkey integration to the DebitWayfamily of payment options and its new Master Merchant Control Panel, that was launched and unveiled via a press release on September 30th, 2014. For the 200 000 plus Magento proponents this announcement can only benefit their transaction totals.
Magento has been a prevalent force in open-source content management systems for e-commerce web sites since its creation and launch by Varen Inc. on March 31st, 2008. The widespread acclaim and popularity of Magneto prompted online auction behemoth, eBay, to purchase a large percentage of the company (49%) in 2010. The following year, June 6th 2011, eBay completed the purchase of the e-commerce content management system from Varen Inc., effectively consummating their purchase by acquiring the remaining 51% of Magento.
DebitWay’s family of payment options, spearheaded by it’s guaranteed/no charge back Direct Debit Transfer (DDT®) payment option affords Magento eMerchant users the luxury of global cash (debit) processing along with time tested and trusted alternative payment methods like Electronic Funds Transfer (EFT) and Automated Clearing House (ACH) for eCheck processing.
“We are offering Magento subscribers a safe, trusted and reliable extension to their free payment processing plug-in” Said Director of Business Development & Production, “We are opening more doors, offering guaranteed payment options! And we take care of the integration! It’s a win, win, win if you ask me”.
Headquartered in Montreal, Canada, since 2004, DebitWay continues to be one of the leading Certified Payment Service Providers in the world, as well as a Payment Provider of INTERAC® Online Payment (IOP) solution in Canada. DebitWay merchant partners continue to benefit of being able to accept bank payments in real-time instantly.
*Interac and the Interac logo are trade-marks of Interac Inc. The Interac Online Payment service is owned and operated by Acxsys Corporation
-
DebitWay Develops a Real Time Sales Booster
(Read more)September 24th, 2017
After their successful launch of the Loyalty Program, DebitWay has further developed a Real Time Sales Booster
Montreal, Quebec (PRWEB) September 24, 2017
Click here to download this page in PDF format.
Click here to view this page on PRWEB.DebitWay, a huge entity in the world’s payment processing industry, has taken their product development one step further by launching a Real Time Sales Booster. This launch comes after their recent successful run of another product called the Loyalty Program.
The ‘Real Time Sales Booster’ promises instantaneous results with continuous monitoring. This gives DebitWay’s partners the distinct edge of being completely in charge of their own Booster, since depending on the results, based on the time frequency they want to monitor it over, several parameters of the Sales Booster can be adjusted, by the partners themselves. This puts the merchant in charge of their own sales booster and with no interference from any external party. The Sales Booster has been conceptualized based on the immensely successful Loyalty Program, which is now being white labelled and used with other partners after its beta testing phase. This program paved the way for a little more advanced product, the Real Time Sales Booster, for partners who want to concentrate their efforts on sales and revenue only.
The Loyalty Program brought about a traffic push and sales push of more than 25% within a week during its beta testing phase. On the beta run, 20 new customers were confirmed by the partner. “On other runs, the program has bought even more delightful results,” said Rod Tomita, Director of Business Development at DebitWay, “ Taking our cue from there, we have now focused our new tool completely on pushing up a company’s sales by bring them higher revenues and new clients.”
DebitWay’s product development team has spent considerable time observing and conducting tests on the Loyalty Program when it launched, to better understand consumer behaviour with it, Partner expectation of it, and the tools adaptation. This research has brought about extensive development plans, based on the strong foundation laid with the Loyalty Program, building a sleeker, more merchant oriented Real Time Sales Booster.
Unlike its launch of the Loyalty Program, DebitWay has opened the Real Time Sales Booster to all its clients and potential partners. To know more, inquiries are welcome at social(at)debitway(dot)com
-
DebitWay Announces Spectacular Results for First Run of Loyalty Program
September 10th, 2017
DebitWay, one of the most popular payment processing companies, has released the results of their first Loyalty Program which has brought up the clients sales by 25% in less than two weeks
Montreal, Quebec (PRWEB) September 10, 2017
Click here to download this page in PDF format.
Click here to view this page on PRWEB.DebitWay, one of the world’s most popular payment processor, has released the results of their first Loyalty Program and has announced that their expectation of a huge sales jump due to the program has been realized.
DebitWay’s Loyalty Program, launched on August 12th 2013 with 186cards.com, doubled the gaming merchant’s average sales in the 14-day period that the program was carried out over. The program increased traffic by 25% to their gaming site through its marketing push and added significantly to the merchant’s consumer database as well.
DebitWay has also reported that the program touched its expected usage limit on the first 5 days of its launch and roofed its usage within the next two days. The complete success of the program was evidenced in the fact that it reached its maximum defined capacity within the first week of launch by gamers. Noticeably, consumers reached out to the gaming website as well as DebitWay asking for more.
DebitWay’s Business Development and Technology Development team have made a statement saying that they will definitely be launching more such programs with more gaming companies in the near future. “Our promise to all gamers and loyalists of DebitWay is to get them amazing gaming benefits with great gaming merchants. Our endeavour remains as work in progress for this,” said Rod Tomita, Director of Business Development at DebitWay. “These results, while being very pleasing, have not really surprised us, because we pretty much expected it. Now, we would like to expand this program with even bigger merchants, in gaming or otherwise, and bring them even better results.”
DebitWay’s Loyalty Program was launched after months of R&D within the company, to create an exclusive marketing tool that would be a pioneer in the payment processing industry because of the many birds it could kill with one stone. The final program successfully brings in new customers to the hosting merchant, while giving the customers a delightful opportunity to save more, and showing them the power of Using *INTERAC payments solutions offered by DebitWay.
Chunyi Ding, CEO of 186Cards.com, has expressed his pleasure exuberantly saying, “This program was phenomenally successful! Not only did our sales jump by double figure percentages, our consumers are also asking for more! I cannot express my gratitude and appreciation enough to DebitWay for their efforts.”
The Loyalty Program is also available for other merchants to white-label or try out for a short period of time as well. Companies interested can contact DebitWay at social(at)debitway(dot)com to know how new customers can be added to their database.
-
DebitWay.ca Now Offering Its Direct Debit Transfer (DDT) Payment Gateway to All Canadian Payment Service Providers (PSPs)
January 5th, 2017
Payment Service Providers looking to honour international transaction processing for their online merchants set to benefit from White Labelling of DebitWay's DDT
Montreal, Quebec (PRWEB) December 25, 2017
The Montreal, Canada based alternative payment service provider (PSP) DebitWay.ca is now offering its vaunted Direct Debit Transfer (DDT) Global payment processing gateway to fellow Canadian PSPs. But why is DebitWay allowing competitors to “White-label” their product?
“DebitWay may have created, refined and perfected the DDT; Direct Debit Transfer online payment gateway, but our goal has always been the enabling of electronic merchants (eMerchants) to grow and honor their consumers’ requests from all over the world, this is a payment gateway that everyone should have access to,” avowed Director of Business Development & Production Rod Tomita.
By offering DebitWay’s DDT, payment service providers can present their existing online merchants access to over 500 banks in over 50 countries, merchants who are likely already looking for ways to process international transaction requests and benefit from a Global Payment Gateway service.
PSP’s who sign on to provide merchants with DebitWay’s “cash online” DDT payment method will also be equipped to grant their merchant partners a feature unique to Debitway’s DDT; guaranteed transactions that are immune to Charge Backs/Reversals. In essence, DebitWay is allowing eMerchants and their respective PSPs to enjoy Guaranteed Payment processing from anyone in the world.
DebitWay, who first made news by offering *INTERAC® Online processing for Canadian electronic merchants in 2009, has grown its family of payment options other the years and has worked tirelessly to create a payment hub that merchant partners can both appreciate for its simple reliability as well as entrust it to evolve with the changing times.
By opening its virtual doors to other payment service providers (PSPs), DebitWay.ca is effectively providing eMerchants with the ability to expand their online businesses. “In the end it is all about making sure the online merchant can process transaction requests from anywhere in the world. Helping merchants has always been our #1 priority” said Rod Tomita.
From all of us here at DebitWay, we would like to wish everyone Season's Greetings and Happy Holidays!
Headquartered in Montreal, Canada, since 2004, DebitWay continues to be one of the leading Payment Service Providers in the world, as well as a Certified Payment Provider of *INTERAC® Online solution in Canada. DebitWay merchant partners continue to benefit of being able to accept bank payments in real-time instantly.
*Interac and the Interac logo are trade-marks of Interac Inc. The Interac Online Payment service is owned and operated by Acxsys Corporation.
-
DebitWay Corporate Blog Reports about Social Gaming for Social Good
May 24th, 2016
Zynga has reported almost $15 million in gaming contributions to Social Impact campaigns
Montreal, Quebec (PRWEB) May 24, 2016
Click here to download this page in PDF format.
Click here to view this page on PRWEB.DebitWay's Corporate Blog has reported about a rising increase in a new trend in Social Gaming stemming from social good. Increasingly mothers using social games to educate their children about world issues and to help make them aware about other cultures. A lot of social games are also getting into social awareness by converting gaming points into actual donations, issuing gaming challenges for donation transactions etc.
According to a recent profile study by Forbes.com, mothers are taking heavily to the new social good game, Half The Sky Movement, inspired by a best-selling book by the same name. The game is about oppression of women in cultures like India, Afghanistan, Kenya etc. While playing the game, mothers use the tools in the game to educate their children about these world issues and problems.
DebitWay has also summarized a few other games that promote social good like Free Rice, which donates 10 grains of rice to the World Food Program to eliminate world hunger, Traces of Hope which is about the Ugandan civil conflict and WeTopia and Joy Kingdom which spreads awareness abused children and animals respectively.
In DebitWay's blog, Zynga has been reported to have accumulated 3 million in gaming contributions to the tune of $15 million through their Social Good campaigns. The success of social gaming for social good is a facet that interests DebitWay greatly. In the past, DebitWay has reported immense sales growth for the companies using the *INTERAC® Online system, but eagerly await the onset of partners who want to use their *INTERAC® Online system to promote social impact.
-
DebitWay Commits Resources to Creating a Turnkey Payment Processing Solution for Shopping Cart Plug-Ins Like Magento
April 16th, 2016
What started as a Magento-focused project has grown to encompass all shopping carts
Montreal, Quebec (PRWEB) April 16, 2016
DebitWay maintains its strong push toward facilitating eMerchants with shopping cart plug-ins. Based in Montreal, Quebec, Canada, former alternative payment prospecting provider, DebitWay, has been expanding its payment processing options in recent months as the Canadian company continues to expand in order to service the eCommerce world.
A short while afterwards, it was announced that DebitWay was targeting eMerchants using the popular online shopping cart open-source content management systems for e-commerce web sites, Magneto (*Press Release).
In the month following the Magento announcement, DebitWay has since expanded its turnkey payment processing solution to include all online merchants currently employment shopping open-source content management systems. The Canadian based payment service provider is aggressively seeking to establish itself in the online shopping cart industry by offering eMerchants step by step integration into DebitWay�s new Master Merchant Control Panel and allowing for worldwide payment processing via varied methods such as: credit card processing (CCP�), debit (DDT�) processing and electronic check (eCheck) processing.
DebitWay�s Direct Debit Transfer(DDT�) has fast become the preeminent payment option for Magento users who have incorporated DebitWay�s payment processing into their websites. �Online merchants are just like any other merchants...� said Director of Business Development & Production Rod Tomita �...Merchants want access to their Customers globally with Credit Cards and want to increase their sales by adding DebitWay�s DDT� which guarantees the payment funds in real-time.�
DebitWay�s family of payment options, spearheaded by its guaranteed/no charge back Direct Debit Transfer (DDT�) payment option affords eMerchants using online shopping cart open-source content management the luxury of global cash (debit) processing along with time tested and trusted alternative payment methods like Electronic Funds Transfer (EFT) and Automated Clearing House (ACH) for eCheck processing.
According to DebitWay, adding this turnkey service offer to existing online shopping carts will payment lower risk, due to DDT� and its real-time, guaranteed payment structure and help to attract more online customers by giving eMerchants additional payment options to provide their electronic consumers.
Headquartered in Montreal, Canada, since 2004, DebitWay continues to be one of the leading Certified Payment Service Providers in the world, as well as a Payment Provider of INTERAC� Online Payment (IOP) solution in Canada. DebitWay merchant partners continue to benefit of being able to accept bank payments in real-time instantly.
Interac and the Interac logo are trade-marks of Interac Inc. The Interac Online Payment service is owned and operated by Acxsys Corporation
-
DebitWay Partners With Filipino Shipping Giant LBC to Provide Clients a Direct Debit Remittance Option
January 29th, 2016
LBC Mundial Remittance Corporation is making it easier than ever to send money to the Philippines by incorporating DebitWay’s Direct Debit Transfer (DDT) through DebitWay
(Montreal, Canada) – DebitWay continues to make news and expand its alternative payment service provider (PSP) global presence. The Montreal, Quebec based DebitWay who can already boast partnerships with online remittance enterprises such as Duales, Transfast and Money2anywhere amongst others, has continued to grow its remittance portfolio and the latest addition of the Filipino giant LBC Mundial Remittance Corporation is proof positive of DebitWay’s continued commitment to supporting the remittance industry.
While DebitWay has been making news recently for their continued expansion of payment options offered;
DDT, and Electronic Funds Transfer (EFT – eChecks) to name but two of the payment methods that comprise the DebitWay family, Rod Tomita (Director of Business Development & Production) was quick to add “DebitWay has grown its family of payment options to be sure, but one must understand that we have done so at the behest of our partners. DebitWay’s primary focus is providing merchant partners with the payment options they require. Whether that is DDT or any other form of online payment method, DebitWay will continue to innovate in order to satisfy its partners’ needs”.
DebitWay’s latest merchant partnership is yet another indication that the alternative payment service provider continues to grow and expand its global network. While the Montreal, Quebec based company can already boast merchant partners over seas, the latest partnership with LBC firmly embeds the Canadian PSP into the Filipino remittance infrastructure.
LBC has been a towering force in the Philippines since the 1950’s. What initially began as a dedication to air brokerage and air cargo has evolved over the many years, effectively creating a brand that is as recognizable in the Philippines as Coca-Cola or Mercedes Benz.
With a firm grasp and understanding of the deep attachment that Filipino migrants retain to their native country, LBC has added the ability to send funds “home” (to the Philippines) from almost anywhere in the world. While previously those looking to send funds were forced to make physical trips to specific locations in order to supply and transfer the amount of money in question, with the advent of the internet, the dedication of LBC and the foresight of DebitWay, migrant Filipinos can now send money back to the Philippines from the comfort of their own homes via online debit transfers.
LBC and DebitWay have partnered together to allow Canadians of Filipino decent, of which there are a reported 660,000 to 800,000 living in Canada (roughly 2% of Canada’s 35.16 million population), the ability to send money back to the Philippines online via DebitWay’s Direct Debit Transfer (DDT). This payment option allows LBC to accept direct debit funds from all Canadians who transact with financial institutions that honor online debit transfer services, thus facilitating the transfer of funds and expediting the remittance process.
When asked what this means for Canadian’s of Filipino decent, President and CEO Hugo Bonilla said “By providing DDT payment services, Debitway allows those Filipinos living in Canada the luxury of sending funds home safely and securely without having to leave the house. They simply have to navigate the web to LBC’s website and complete their request”.
For those Filipinos living outside of Canada who also wish to remit funds back to the Philippines via direct debit, Rod Tomita added “DebitWay is equipped to offer LBC Direct Debit Transfer (DDT), on a Global stage. We are in talks and hope to finalize the deal in order to give Filipinos all over the world, not just Canada, the ability to remit funds with direct debit from the comfort of their homes”.
To which Hugo Bonilla added “It is, and will continue to be, LBC’s goal to provide Filipino’s all around the world with the most trustworthy and reliable means with which they can send goods and funds back home to the Philippines. We have over 35 branches in the United States as well as branches in Saipan and Guam, our aim is to provide them all with the DDT option”.
*Interac and the Interac logo are trade-marks of Interac Inc. The Interac Online Payment service is owned and operated by Acxsys Corporation
-
DebitWay Branches Out To The Medical Industry By Teaming With MedPotNow.com And providing Direct Debit Transfer (DDT) Payment Processing Service
March 26th, 2015
The Alternative Payment Service Provider is helping the Vancouver based non-profit medicinal marijuana dispensary with a direct debit payment option
Montreal, Quebec (PRWEB) March 26, 2015
DebitWay has been providing online debit payment processing for many years. The Canadian alternative payment service provider (PSP) has partnered with numerous electronic merchants over the years, from a diverse number of industry types. Medpotnow.com, however, is the first foray into the medical industry for one of this reputed alternative PSP�s.
Over many years, DebitWay has been sought out to provide secure and reliable payment processing for a myriad of online enterprises that have ranged from remittance companies like LBC and Duales to digital currency merchants and brokers like Cryptsy and Expresscoin to social gaming companies like 186.com and Wargaming. DebitWay has shown a propensity to partner and help merchants whom other PSPs may have deemed �High Risk� by virtue of their industry types or the nature of their businesses.
By doing its due Diligence and insisting that any and all potential partners do their respective due diligence, DebitWay has allowed �High Risk� enterprises to prosper through the use of its Direct Debit Transfer (DDT) payment processing service. Medpotnow.com is the latest enterprise that conventional PSP�s deem �High Risk� to seek partnership with DebitWay.
�We don�t view Medpotnow as a high risk partnership,� said Director of Business Development & Production Rod Tomita, �We do not view Medicinal dispensaries as "high risk�. The perception given to certain treatments may cast a dubious light on non traditional forms of medicine, but it is not for us to pass judgement.�
Founded and registered as a non-profit company is April of 2011, Medpotnow.com has fought and overcome the stigma that too often accompanies the dispensing of medicinal marijuana.
In providing Medpotnow.com with a safe, secure and reliable payment processing system like DDT, DebitWay is providing the hundreds of thousands suffering patients with a simple and easy to use payment alternative, an alternative that is bereft of the threat accompanying the use of credit cards to make online transactions.
�For those unfortunate souls for whom medicinal marijuana is a necessary prescription, the least we can do is make their lives easier by alleviating any online threat and providing them with a safe and easy to use alternative like DebitWay�s Direct Debit Transfer,� avowed Medpotnow Director Daniel Petrov.
For More information on DebitWay's payment processing services please email: social(at)debitway(dot)com
Headquartered in Montreal, Canada, since 2004, DebitWay continues to be one of the leading Certified Payment Service Providers in the world, as well as a Payment Provider of INTERAC� Online in Canada. DebitWay merchant partners continue to benefit of being able to accept bank payments in real-time instantly.
*�Interac and the Interac logo are trade-marks of Interac Inc. The Interac Online Payment service is owned and operated by Acxsys Corporation
-
DebitWay and Wargaming.net Joining Forces to Reward Registered Users
September 25th, 2014
Gamers who opt to purchase Gold via DebitWay.ca's payment platform are set to benefit from special Bonus Gold Rewards
Montreal, Quebec (PRWEB) September 25, 2014
Click here to download this page in PDF format.
Click here to view this page on PRWEB.DebitWay.ca, the Montreal, Quebec, Canada based alternative payment service provider (PSP), is once again helping social gaming enterprises reward customer loyalty. This time it is Wargaming.net, the creator of the massively popular World of Tanks (WoT) and World of Warplanes(WoWP) franchises who is benefiting from the Canadian PSP’s years of expertise.
Last summer, DebitWay.ca’s Business and Technology department unveiled its newly designed Loyalty Program. 186card.com was the first to implement a reward system to users who opted to transact on their site via DebitWay.ca’s platform. Since then, DebitWay.ca has continued to both grow and help its social gaming partners by providing hands on promotional assistance.
“Our loyalty program is just one way we try and help our merchant partners. We want them to succeed and we do everything we can to promote that success. If we can help with banner creations, social media interactions, or in depth articles... we do,” Affirmed Director of Business Development and Production, Rod Tomita.
Social Gaming giant Wargaming.net, whose headquarters are in Nicosia, Cyprus, will be launching a 1 week (Sept 25th – Oct 1st) Gold as a Bonus event. Registered Canadian users of the popular Massive Multiplayer Online (MMO) titles World of Tanks (WoT) and World of Warplanes (WoWP) who conclude their transactions via DebitWay.ca’s payment platform will be eligible for a Gold Bonus.
“Partnering with a stable and reliable payment service provider like DebitWay.ca has been an asset. Their continued support is both encouraging and appreciated”. Attests Wargaming.net HQ Payments Manager Nina Chumenko
While originally founded in 1998, Wargaming.net became a household name in the MMO gaming world with the advent of their smash, free-to-play, real time simulation (RTS) game, World of Tanks (WoT) in 2009.
“The year 2010 marked the true turning point for Wargaming. The company had transformed itself from a developer of military real-time strategies into one centered around massively multiplayer online games.” States Nina Chumenko.
In 2011, building off of the incredible WoT success, the social gaming giant unveiled and launched its second (RTS) title; World of Warplanes (WoWP).
DebitWay.ca has been a leading alternative payment service provider for more than a decade and as such has partnered with online merchants in industries like; Social Gaming, Digital Currency, Remittance and Telecom to name but a few of the enterprises deemed “High Risk” by the financial industry, that DebitWay.ca has provided alternative payment solutions to.
Added Rod Tomita “If you know your customer and you manage them well, there is no risk.”
In so doing, DebitWay.ca affirmed its mandate to stand by merchant partners and offer hands on assistance.
In regards to rewarding their loyal Canadian gamers who conclude transactions via DebitWay.ca’s payment platform, Nina Chumenko issued the following statement:
“The Wargaming Company in cooperation with DebitWay.ca has got a special treat for those who buy Premium Shop goods through IOP! For a limited time, players will have access to two special Gold bundles.”
Wargaming.net’s latest “Thank You” event will offer Canadian gamers a 30$ and a 62$ (USD) Gold as a Bonus bundle package.
While other electronic merchants may opt to set up their Loyalty Programs to implement rebates on purchases or coupons for use at a later date, the fact remains that DebitWay.ca’s Loyalty Program can be used any number of ways.
As the eCommerce world continues to grow so to have payment service providers (PSP) like DebitWay.ca. Replacing the once stiff and stringent world of transactions processing with a more flexible and comprehensive approach. Creating a worthwhile symbiotic relationship between the merchant and PSP.
*Interac and the Interac logo are trade-marks of Interac Inc. The Interac Online Payment service is owned and operated by Acxsys Corporation.
-
DebitWay's Certified *Online Payment Processing Service Added to CoinRNR's Digital Currency Brokerage
August 21st, 2014
Transaction processing time sped up substantially at CoinRNR with the addition of DebitWay.
Montreal, Quebec (PRWEB) August 21, 2014
Click here to download this page in PDF format.
Click here to view this page on PRWEB.The Concord, Ontario based Canadian cryptocurrency merchant; CoinRNR.com has been helping Canadians bridge the gap between fiat and crypto coins since December 25th, 2013 and by virtue of its Raleigh, North Carolina based division; CM Technologies, LLC, CoinRNR has also been servicing American clients.
CoinRNR's mandate is to facilitate the transition from “Fiat Money”, to today’s more modern digital currency like Bitcoin (BTC) and to do so as efficiently as possible by eliminating long wait periods and unnecessary delays. “Fiat Money” is a currency that derives its value from government laws or regulations, in laymen’s terms it is a currency that governments have decreed to be “legal tender” but that is not based on physical commodities like precious metals. The risk with “Fiat Money” is that it can always succumb to country’s population’s faith in it. Should the population lose faith in their “Fiat Money”, it effectively becomes worthless.
CoinRNR.com offers helpful tools for users looking to both buy and sell Bitcoins on its website, including an informative video guide. “Our pricing is now set to match Bitstamp’s 24h high price in order to provide better predictability for the users," attests CoinRNR owner Mazin Khoury.
The addition of the IOP option provided by the Montreal, Canada based certified payment provider DebitWay.ca, will now allow users to conduct transactions with CoinRNR in real-time and eliminate the previously, mandatory visit to a financial institution. Whereas in the past, users would have had to take cash and in turn deposit it into one of CoinRNR’s accounts, extending wait time, now users can make their transactions instantly.
With cryptocurrencies like Bitcoin ushering in a new online currency era for the new millennia, it makes sense to have a certified internet payment provider like DebitWay linked to a cryptocurrency services. CoinRNR.com has shown that it is in tune with the needs and demands of internet users by giving them the ability to easily purchase or sell Bitcoins in real-time thanks to DebitWay’s certified payment service.
With over ten years of experience in online processing services and a stringent attention to security and efficiency, DebitWay has been linking internet merchants to a safe, real-time payment service with undeniable efficiency.
*Interac® Online and the Interac logo are registered trade-marks of Interac Inc. Used under licence. The Interac Online Payment Service is owned and operated my Acxsys Corporation.
* Previous misstatements in this press release have been corrected in order to reflect that DebitWay is a provider of the Interac® Online payment service. DebitWay in no way intends to communicate ownership of the Interac Online payment service or imply endorsement by Interac Inc. and Acxsys Corporation of DebitWay’s services.
-
DebitWay Continues to Cement Digital Currency Partnerships by Providing Expresscoin with Certified *Online Payment Processing
August 14th, 2014
DebitWay.ca's certified Online Payment solution allows the Santa Monica based Crypto-currency giant to break into the Canadian Market.
Montreal, Quebec (PRWEB) August 14, 2014
Click here to download this page in PDF format.
Click here to view this page on PRWEB.The Canadian based online payment service provider, DebitWay.ca, continues to aid digital currency merchants in their desire to penetrate the Canadian electronic commerce market. Expresscoin.com is the latest crypto-currency urveyor to partner with the Montreal, Quebec based alternative payment service provider.
DebitWay.ca, whose electronic merchant (eMerchant) partners can be found in litany of online industries ranging from Remittance and Social Gaming to Telecom and Retail, has been growing its portfolio of Digital Currency partners. With over a decade of experience and knowledge in the Canadian eCommerce industry as well as strong ties and affiliations to both Canadian and world-wide banking giants, it comes as no surprise that the digital currency industry is looking to DebitWay.ca in order to secure a foothold in Canada. As a turnkey online payment service provider, DebitWay.ca is helping merchants acquire the mandatory Bank accounts required to launch or expand their business ventures.
Expresscoin.com, an international Digital Currency exchange with offices in California and Washington, was founded in 2013 and reported a record growth in transaction totals during the 2013 fiscal year. Vaulting from a previous 200K total to a $15M. Expresscoin’s success spurred the need for growth and expansion into foreign countries, with Canada being the first. “Expansion into Canada has always been part of our growth plan, DebitWay.ca has made cracking the Canadian market a smooth and easy process and we look forward to our continued partnership” said Expresscoin.com CEO William Wheeler. With a firm foothold in Canada, the Santa Monica based digital currency mogul will now be able to supply Canadian applicants with numerous crypto-currencies such as; Bitcoin, Litecoin, Dogecoin, Blackcoin.
When asked why so many Digital Currency merchants opt to partner with DebitWay.ca, Director of Business Development & Production Rod Tomita replied “Crypto-currency has always been about the immediate return and processing of your transaction. The *INTERAC® Online Payment solution does exactly that. Payments are made in real-time, securely and without the threat of charge backs. It just makes sense if you are a digital currency merchant to deal with a payment gateway that most closely resembles your industry”.
With more crypto-currency merchants slated to partner with DebitWay.ca in the coming weeks, The Canadian based payment service provider continues to leave its footprint on the eCommerce industry. “IOP is a fantastic payment solution and we are very proud of its application. However we also offer our partners alternative payment methods like Direct Debit Transfer (DDT) for international transaction processing and Electronic Funds Transfer (EFT) for eCheck processing. Our Goal is demystify the payment processing procedure for our associates and to help them grow their businesses by offering them al the tools they could need” adds Rod Tomita.
*Interac® Online and the Interac logo are registered trade-marks of Interac Inc. Used under licence. The Interac Online Payment Service is owned and operated my Acxsys Corporation.
* Previous misstatements in this press release have been corrected in order to reflect that DebitWay is a provider of the Interac® Online payment service. DebitWay in no way intends to communicate ownership of the Interac Online payment service or imply endorsement by Interac Inc. and Acxsys Corporation of DebitWay’s services.
-
Tfonia Inc (DBA Telepass.cc) Signs Up With DebitWay to Start Using *INTERAC Online Solutions
June 5th, 2014
DebitWay will provide the payment solution to Telepass for all its online sales
Montreal, Quebec (PRWEB) June 05, 2014
Click here to download this page in PDF format.
Click here to view this page on PRWEB.DebitWay is pleased to announce a partnership with Tfonia Incs' Telepass.cc for all its *INTERAC Online payments. Telepass.cc, an authorized Payment Service Provider that provides consumers with a quick way to buy per-minute phone access to a variety of different chat services, has chosen to provide *INTERAC Payment solution offered through DebitWay to its consumer base to increase the security and convenience for them.
Tfonia Inc, which was initially named 4045076 Canada Inc, has been in the telecommunications industry from 2002 and has established quite a reputation for itself. Under its banner of Telepass, Tfonia develops and markets innovative new communication technologies to clients across the world. Their offerings are designed to enable content providers and customer support organizations to quickly and easily be able to process and bill for their services, to people all across the world.
DebitWay brings to Telepass customers, a choice between banks like BMO, RBC, Scotia Bank, and TD Canada Trust to make purchases directly using their bank account. Customers who choose Debitway will be able to make quick and speedy payments with 100% security to Telepass via the *INTERAC Online system.
Owner and Director of Tfonia Inc, Carl Ramsay, expressed excitement for the start of this new partnership and said, "We have wanted to add a more interesting billing option for our customers from quite some time. Something that was safe, secure and reputable was what we were looking for; and DebitWay filled all those requirements." About working with DebitWay, Ramsay added, "I hope that this partnership will be incredibly successful. In fact, we will push it as much as we can to bring the results we desire, since I really trust Debitway as a payment solution."
Debitway, too, has expressed great delight in partnering with Tfonia Inc. Speaking about the development, Director of Business Development, Rod Tomita said, "To partner with a stalwart in the telecommunications industry, with over a decade's experience is an amazing prospect. Together, DebitWay and Tfonia will pave new ways in the payment processing industry by building a truly safe and secure product."</ul>
*Interac and the Interac logo are trade-marks of Interac Inc. The Interac Online Payment service is owned and operated by Acxsys Corporation.
-
DebitWay Brings The Coffee Connection Ltd On Board for *INTERAC Online Payment solutions
October 23rd, 2013
The Coffee Connection Ltd (DBA Singlecup.ca) is the newest entrant to adopt DebitWay's Payment Processing services
Montreal, Quebec (PRWEB) October 23, 2013
Click here to download this page in PDF format.
Click here to view this page on PRWEB.DebitWay.ca is delighted to announce a partnership with The Coffee Connection Ltd, an established entity in Canada's coffee retailing industry. The Coffee Connection Ltd is a fully Canadian owned and operated company and has great pride in its heritage. Hence adding a Canadian payment processing company to their operations is a natural step for them.
DebitWay.ca is, of course, extremely pleased to add such a prestigious establishment to its roster. With more than a hundred retail merchants as partners, DebitWay.ca has the skill base and technology to handle The Coffee Connection Ltd's abundantly. The Coffee Connection Ltd's adoption of DebitWay's processing services will allow their extremely popular website, http://www.singlecup.ca, access to illustrious Canadian banks like BMO, RBC, Scotia Bank, and TD Canada Trust. Singlecup.ca will now be able to offer *INTERAC® Online services through DebitWay's portal to their consumers which will give them the easy option of quickly and directly transferring money from their bank account to the merchant without any hassle. Consumers will be able to choose their own respective bank from DebitWay's portfolio and once they have logged in securely, they will be able to conduct transfers directly from their own personal bank account.
The Coffee Connection Ltd owns Singlecup.ca exclusively. The company is run by a family of coffee lovers who have brought their business online from the last 5 years to tremendous success. The website offers consumers a huge range of coffees, brewers, cleaners, coffee pods, teabags, syrups, sugars and more. As a testament to their customer-oriented service, they also host a number of interesting recipes on their website to help out their users. The family has been successful in stocking the biggest brand name coffees, starting from Emeril Lagasse's personal Brand, to Caribou Coffee, Gloria Jean's, Higgins and Burke Tea as well as many more.
Speaking on this new partnership, Bradley Gunning, President at The Coffee Connection Ltd commented, “For us, being an all-Canadian brand is very important. And we are extremely lucky to have found DebitWay.ca, another Canadian brand to partner with. I must also mention how proud I am to be associated with DebitWay.ca, since the security and speed that they work with is recognized industry-wide.”
DebitWay.ca's Business Development Director, Rod Tomita, too expressed their delight about this development, “Being able to partner up with a company as ground to its roots as The Coffee Connection Ltd is a real pleasure because we love working with family-owned organizations. We look forward to more successes with them,” said Tomita.
Companies that have an established sales track record are welcome to contact DebitWay.ca for partnering with them to be able to take advantage of *INTERAC® Online Services. Email us at social(at)debitway(dot)com to know more.
*Interac and the Interac logo are trade-marks of Interac Inc. The Interac Online Payment service is owned and operated by Acxsys Corporation.
-
DebitWay and 186card.com Launch A New Loyalty Program for Their Customers
August 13th, 2013
One of the most popular choices of payment solution providers for gaming companies, DebitWay, has custom designed the program from scratch specially for 186card.com
Montreal, Quebec (PRWEB) August 13, 2013
Click here to download this page in PDF format.
Click here to view this page on PRWEB.DebitWay, a certified payment provider offering *INTERAC Online Payment to their gaming partners, has recently launched their first Loyalty Program in partnership with one of their fastest growing partners, 186Card.com.
The Loyalty Program, developed by DebitWay’s Business and Technology department, basically offers all gamers who are customers of their partner, 186card.com, an exclusive deal when they buy from their website and choose DebitWay as their payment option. This deal offers the gamer a flat 10% off during the promotional period (12th to 16th August), on all products on 186card.com. This product has been under development for almost 8 months, and has finally debuted today. DebitWay’s motive behind creating this product is to make it advantageous to gamers as well as gaming websites to conduct business with DebitWay.
186card.com is an exclusive gaming website which facilitates easy game access for its customers. Since partnering with DebitWay a year and a half ago for a more secure payment solution,the company has reported a sales growth of 88%. The company’s confidence in the payment solution offered via DebitWay has paved the way for them to be the first partner for the exclusive Loyalty Program. Chunyi Ding, CEO and Owner of 186card.com has gone on record to say, “Credit cards and PayPal are rapidly becoming a less trusted option in the Canadian markets according to our observation. Not only is that a strong enough foundation for our faith in DebitWay, but also the fact that they are continuously innovating to provide solutions that please not just them, but us and our consumers too.”
Talking more about the Loyalty Program, Chunyi went on to add, “The Loyalty Program shows that a company that cares about our customers, is obviously a company that cares about us.” Rod Tomita, DebitWay’s Director of Business Development who has closely monitored the launch of the program and collaborated with Chunyi Ding to release it on 186Card.com said, “We have carefully selected our first partner to join forces with for our Loyalty Program that has been developed in-house. Looking at their growth so far, we are confident that the boost that the program will offer them will be legendary and we look forward to great successes in this new venture.”
Post the first run with 186Card.com, DebitWay is welcoming gaming companies with a proven track record of transactions who would like to be a part of their Loyalty Program. Companies interested can contact DebitWay at social(at)debitway(dot)com.
-
DebitWay Corporate Blog Reports About San Diego Comic Con 2013 in a Two Part Series
July 25th, 2013
Blog post recaps the gaming highlights of the popular conference for those who missed it
Montreal, Quebec (PRWEB) July 25, 2013
Click here to download this page in PDF format.
Click here to view this page on PRWEB.DebitWay's Corporate Blog has summarized the popular gaming industry related news that people who were absent at San Diego Comic Con (SDCC) might have missed. The SDCC, a yearly happening, is where games, entertainment, Hollywood and Comics come together, and every year fans of these genres gather in San Diego from around the world to attend. For those gaming fans that could not make it, DebitWay has scoured the internet to bring all the news that would interest them in a two part series.
DebitWay’s first blog covered gaming events like Halo 4’s “Building Halo Worlds and Wonders, Past, Present and Future” panel, the first time that the PS4 was publicly playable and one of the games made available for that, the Octodad and Wired Magazine’s giant,9.5 foot, 400 pound motion controlled robot.
The second post concentrated on the Lego Marvel Super Heroes game, as well as the gameplay and trailer for it. The post details the characters used in the new game which will be available by fall this year for Xbox, Xbox 360, PS3, PS4 and the Wii U, the storyline as well as some elements of surprises planted within the game. The blog post also spoke about Assassin’s Creed announcement of considering a present age version, as well as a Japanese Feudal age version. Another game related news came from World of Warcraft, which revealed the teaser for their upcoming movie. Finally, Xbox One also made an important feature about the new console public. The blog, reporting from Eurogamer‘s article, mentions that Xbox has announced that their console will record the last five minutes of gameplay while Sony’s PS4 will record 7 minutes.
DebitWay, in an endeavour to bring its readers the newest and best in the gaming industry, has always kept an eye out for events like SDCC. Rod Tomita, Director of Business Development at DebitWay, said, “We might be in Montreal, but we like to have a finger on the pulse of the Industry. While the biggest reason we do this is because we are all gaming addicts, the other significant reason is that it is our understanding of the industry that makes our knowledge so precious for our gaming partners. Our knowledge about the industry helps in making their products succeed.”
-
DebitWay Corporate Blog Releases Development Details About Their Loyalty Program
July 12th, 2013
Jonathan Arias, Software Developer for DebitWay gives us more information on the product
Montreal, Quebec (PRWEB) July 12, 2013
Click here to download this page in PDF format.
Click here to view this page on PRWEB.Talking more about their Loyalty Program, DebitWay's Corporate Blog has released further details about it with inputs from the Development team promising users a fast, friendly and spontaneous system to reap rewards.
The blog reveals that the development of the project took almost seven months; and the program went through a rigorous conceptualizing, tweaking and testing phase. In the process, a lot of potential inconsistencies were ironed out, and a full fraud protection mechanism was attached to it. The result of all these processes is a powerful program that is high in flexibility and usability with zero merchant configurations. The result of all these processes is a powerful program that is high in flexibility and usability with zero merchant configurations. The entire development team behind this project consists of Jonathan Arias, Francisco Sanchez and Ali Mehrabian. One the biggest goals that they have strived for, and achieved successfully, in the development of this product is to lessen the implementation time period that any company, big or small, requires to execute a system like this.
Speaking about the DebitWay’s Loyalty Program, Jonathan Arias, Software Developer at DebitWay said, “My vision for this program is the scalability it will bring with it. The Program is attractive to small businesses, who wish to expand their sales, but at the same time the program will also be very attractive for larger companies, who already have an established promotional channel, and they wish to be visible in more channels.”
Consumers who want to know more about DebitWay’s Loyalty Program or partners who would like to be considered for it are invited to contact DebitWay at social(at)debitway(dot)ca for further details.
-
DebitWay's Corporate Blog Announces DebitWay's Loyalty Program For Gamers
July 5th, 2013
Program to be offered via DebitWay’s gaming partners to reward gamers for their loyalty for the company
Montreal, Quebec (PRWEB) July 05, 2013
Click here to download this page in PDF format.
Click here to view this page on PRWEB.DebitWay's Corporate Blog has announced their new and upcoming product, a Loyalty Program that rewards gaming websites and gamers for their support. DebitWay has taken this opportunity to detail the thought process behind this product as a means of showing their consumers that they are appreciated.
Commenting on the product, DebitWay’s Director of Regional Business, Rod Tomita said, “Years ago, when we started in the remittance industry, we took a similar step, and we ended up as pioneers in the industry. We are regarded as a company that looks out for its consumers. Now that we have put both our feet in the gaming industry pool, it is time to do the same for our consumers here.” The blog has illustrated that when DebitWay opened its doors in 2002, they started with a few remittance companies and soon became the processor of choice with most. A few years ago, they took their first step into gaming payment processing, and now, with the support of all their gaming partners, they have reached a place where they would like to make a difference.
DebitWay has revealed that they are developing a Loyalty Program that rewards users for choosing and loving DebitWay’s payment solution. They have said that the program is a flexible, ready to be tailored system, where DebitWay users can be rewarded in a variety of ways. Adding another facet to the flexibility feature, Tomita observed, “It’s a Loyalty program that we have designed with our gaming partners in mind, but we haven’t forgotten our remittance merchants. The beauty of this program is that, if tomorrow, a remittance merchant asks us to customize it for their processes and their clients, we can!”
The Loyalty Program will be rolled out with DebitWay partners in the coming months. The blog reports that the program, in essence, does not touch the internal algorithms of a partner’s website and payment processing system, but conducts itself directly through DebitWay’s portal. Partners can choose to tailor it the way they want, to best suit their needs. This system works in a variety of ways, with various parameters and ultimately, rewards the consumer for choosing the payment services offered by DebitWay.
Consumers who want to know more about DebitWay’s Loyalty Program or partners who would like to be considered for it are invited to contact DebitWay at social(at)debitway(dot)ca for further details.
-
DebitWay Corporate Blog Compiles Best Game To Movie Adaptations And Vice Versa
July 3rd, 2013
Post published after being inspired by Need for Speed’s game to movie announcement
Montreal, Quebec (PRWEB) July 03, 2013
Click here to download this page in PDF format.
Click here to view this page on PRWEB.DebitWay's Corporate Blog has put together a list of the best three game to movie adaptations and another that lists three movies that have great potential as games. Getting inspired by the recent E3 announcement of an upcoming Need For Speed movie, DebitWay has begun a conversation about this genre on their blog.
The first compilation, Three Movies That Should Be Made Into Games (And Surprisingly Haven’t Yet), lists the popular 1995 movie Jumanji, and more recent super hit successes Inception and Hangover. The blog also talks about the mechanics of the game plot and the various levels, bonuses, points required to succeed in these potential games. While Jumanji, being based on a board game itself, is an easy conversion into an online or social board game with computerized dice and players, Inception and Hangover have been presented as potential multi-player games. Because of the wide cast in the movies, both plots offer players a selection of any character they would like to be and each character would have a speciality and a character specific mission. The blog has also accounted for level-ups, points and in-game purchases.
The second list, Three Best Game to Movie Adaptations, has gone the other way around and talks about the three best movies that have originated from video games. DebitWay has listed Prince of Persia, Max Payne and Lara Croft Tomb Raider: Cradle of Life as the best three adaptations, also mentioning Final Fantasy and Resident Evil for coming up close to the top. The blog mentions that the great characterization by the actors, the close-to-the-game plot and the action portrayed in the movies while involving the basic elements of the game plot make these movies pull out on top from the large number of such films in this genre.
DebitWay’s Regional Business Development Manager, Rod Tomita, has commented, “At DebitWay, we eat, breathe and think games. Apart from Payment processing that is. So it was natural for our team to come out with a list of movie to game and vice versa adaptations.” Rod Tomita added that he would love to see some of the films from the first list, which can be converted to games brought to reality by game developers. “If a developer decides to make this adaptation, he can know that he has DebitWay on board as a payment processor for his game,” he said.
DebitWay’s other gaming partners have already reported record sales for their Q1 and have projected an even greater amount for Q2 using the *INTERAC® Online system offered through DebitWay.
-
DebitWay Corporate Blog Reports About the Xbox One in a Multi-Part Series
June 7th, 2013
Blog posts talk about Xbox One features, people's reactions and Microsoft's statements
Montreal, Quebec (PRWEB) June 07, 2013
Click here to download this page in PDF format.
Click here to view this page on PRWEB.DebitWay's Corporate Blog has written about the new Xbox One that was revealed by Microsoft last month in a four part series. DebitWay has methodically examined the various features that were disclosed to the public at the reveal conference and also summarized people's reactions to them. The last part of the series illustrates everything that the company has been saying, as well as opinions upheld by gaming experts and journalists.
The Xbox One's voice and motion control features, along with the company's new policy on used games has been discussed at length in the posts, since they have the biggest significance on the gaming community. The first blog post has explored the pros and cons associated with the voice and motion controls like quick shift between various functions, more control over gaming motions and privacy invasion because of voice monitoring. The second post has detailed what is likely to be Microsoft's policy on used games, after their declaration that they will indeed change how the system works currently through a retailer. Anonymous sources from Microsoft have explained that the company will establish a three way fee model where Microsoft, the game publisher as well as the retailer gets a cut from the used games' sales. This model has been heralded by several experts as revolutionary and brilliant because of its fairness.
The last two posts have outlined what fans' and gamers have to say about the reveal. DebitWay has actually interviewed consumers, to get their reactions about the Xbox One and documented it. The general consensus from the interviews is that gamers are still hungering for more details and are eagerly awaiting the E3, a yearly gaming conference, where Microsoft plans to expose more of the gaming side of the new console than it did at the reveal. Finally, the conclusive post of the series has detailed the promises and claims made by Xbox One's Chief Product Officer, Microsoft's Corporate VP, EA sports' CEO and celebrated journalist Ben Kuchera from penny-arcade.com.
Highlights of the final post include accolades being showered on Microsoft by gaming experts for its used game policy if true and Peter Moore, of EA sports saying, "..Our belief – and we're not the only ones here – is that ultimately mobile and console will be complementary, not competitive. "
All in all, these executives have claimed that the onset of a revolutionary and historic era in gaming is about to begin with the Xbox One, which is a huge claim for the console to live up to. DebitWay, with an obvious and thriving interest in gaming is excited to be a part of this revolutionary and historic era.
-
Lemargo Inc (DBA Duales.com) Signs Up With Debitway.ca's *Interac® Online To Begin Remitting Internationally
June 2nd, 2013
DebitWay adds one more company to its online remittance portfolio
Montreal, Quebec (PRWEB) June 02, 2013
Click here to download this page in PDF format.
Click here to view this page on PRWEB.Debitway.ca, one of Canada's biggest Payment Processing companies for remittance has signed on Lemargo Inc, one of the very few companies involved in online payments solutions with a strong emphasis on remittance, as a client for the use of *INTERAC® Online to transfer funds globally.
Lemargo Inc is a privately owned Canadian Corporation which has been around for almost two decades, starting its first operations in 1994. Through its corporate online presence, duales.com boasts of live, toll free customer service support, five days a week during and after business hours, as well as reminder services for its clients. More importantly, Duales was the very first company to accept Credit Cards in money transfers over the internet.
DebitWay will enable Duales to use *INTERAC® Online for remittance and transfers, bringing to its doorstep banks like BMO, RBC, Scotia Bank, and TD Canada Trust. Adoption of DebitWay *INTERAC® Online will mean that Duales' consumers will be able to transfer money even faster than usual and with extreme ease of use. Customers of Duales.com, on choosing DebitWay's *INTERAC® Online system, will be directed to their bank of choice which will enable them to log in and conduct their transaction right from their account. Through the entire process, customers are supported by Duales' and DebitWay's data security standards.
Commenting on this development, Henry Martinez, CEO and founder, Duales said "Duales has always aimed at giving its customers superior value and a complete business offering. DebitWay has enabled us to add to the payment modes we already offer our customers by opening the doors of *INTERAC® Online to us. This move has helped us offer our customers one more way to enhance their interaction with us, which we greatly appreciate." Martinez went on to add, "In the world of remittance, DebitWay truly has a high reputation for being fast and safe. At Duales, these are qualities that we admire the most."
Debitway is pleased to be working with Duales as well. The online remittance industry is on a foreseeable uphill climb, and partnering with Duales gives DebitWay further inroads into the business. DebitWay is positive that with the kind of experience and respect that a pioneer like Duales possesses in the remittance industry, this partnership will help both companies reach great heights.
Remittance companies that have a proven track record of sales and are ready to tap into the Canadian market using DebitWay *INTERAC® Online services are invited to contact DebitWay via email at social(at)debitway(dot)ca. Stay tuned to Debitway's corporate blog at http://www.blog.debitway.ca as we continue to grow our roster of companies embracing *INTERAC® Online.
-
DebitWay Corporate Blog Reports On Zynga's Dramatic Loss Of Users
May 2nd, 2013
Move Comes On The Heels Of Up-And-Down First Quarter Results And New Mobile Transition
Montreal, Quebec (PRWEB) May 02, 2013
Click here to download this page in PDF format.
Click here to view this page on PRWEB.DebitWay's Corporate Blog has reported that gaming company Zynga is losing users by the millions. The social gaming company has lost almost 80 million users since autumn 2012, dropping from its peak of 331 million users to just 253 million this quarter. This news arrived with the company's quarter one result, which saw the company's value grow by one cent per share amidst the user loss.
According to The Washington Post on April 24, 2013, this drop in users can be attributed to Zynga distancing itself from Facebook, resulting in less redirected traffic and exposure from the social media giant. Facebook hosted Zynga's flagship offering, "FarmVille", launching the company to the top of the social gaming food chain when the game launched in 2009. DebitWay has found that "FarmVille" and its subsequent sequel, "FarmVille 2", are still popular offerings on Facebook, ranking 15th and 2nd respectively on Facebook's top 25 most popular games list.
In the wake of these new user numbers, Zynga's CEO Mark Pincus made the companies intentions clear when DebitWay reported that he told http://www.insidesocialgames.com on April 24, 2013, that the focus at Zynga is now on, "building games, a network, and working on profitability." This new strategy, according to DebitWay's Corporate Blog, has paid off initially as the company already boasts 65 million mobile users and a roster of cross-platform games that draw users from its online games to its mobile offerings. The blog also reported that Zynga has already had some success in the mobile market, as the company's app "What's That Phrase" found itself at the top of the Apple App Store's free app charts upon its release. Zynga's next two games, an endless runner game called "Running With Friends" and an action role-playing game called "Battlestone" will be launched internationally on the Apple App Store in the next quarter.
DebitWay has previously reported on the success of its social gaming companys using *INTERAC® Online. Two of DebitWay's leading social gaming partners saw strong growth after adopting the *INTERAC® Online payment method. The two companies saw sales increases of 88% and 63% over the last year after going online with DebitWay *INTERAC® Online.
-
DebitWay Corporate Blog Reports India's E-Commerce Sector Will Surpass $9B USD in Sales by 2016
April 26th, 2013
Projection will represent largest growth in the Asian-Pacific Region
Montreal, Quebec (PRWEB) April 26, 2013
Click here to download this page in PDF format.
Click here to view this page on PRWEB.The DebitWay.ca Corporate Blog has reported on a new study by Forrester that states that India's flourishing e-commerce sector will surpass the $9B USD mark in sales by 2016, up from $600M USD in 2012. This growth represents a 57% increase each year between 2012 and 2016.
The study, which was originally published in The Paypers, has since been updated to include an even stronger projection for India's e-commerce sector, stating that by 2020 the countries e-commerce market could be worth as much $70B USD annually.
DebitWay reiterated that one of the main reasons for this growth is due to surging internet user rates in India. Additionally, DebitWay reported that the growth was also attributed to the expanding use of smartphones in the region. The blog stated that at this time only 2% of India's 1.2 billion person population, approximately 27 million, are active smartphone users in India, with only 4% using their phones to purchase goods and services online regularly. These numbers are projected to grow rapidly and turn India into a major player in the e-commerce sector in the near future. Furthermore, using figures from Statistics Canada, DebitWay was able to report that Canada has welcomed almost 275,000 immigrants from India into the country over the last decade, meaning online industries like remittance are likely to reap the benefits of India becoming an e-commerce heavyweight.
"DebitWay keeps its eyes on markets across the globe, and it is impossible to not recognize India as one of the most intriguing online economies," explained Rod Tomita, Regional Senior Business Development Manager at DebitWay. Tomita added, "What this report does is verify that industries like remittance are really just starting to scratch the surface of their financial potential as more countries become more savvy when it comes to the internet and mobile technology."
-
TransFast.com is the Latest Remittance Company to Embrace *INTERAC® Online with Debitway.ca
April 23rd, 2013
DebitWay adds its latest Remittance Company with over two hundred thousand points of payment around the world
Montreal, Quebec (PRWEB) April 23, 2013
Click here to download this page in PDF format.
Click here to view this page on PRWEB.Debitway.ca is pleased to announce a new partnership with TransFast.com. The online remittance company has officially opened a portal with Debitway.ca using *INTERAC® Online and will now begin offering the option as part of its global money-sending operation online.
"We are very pleased to be aligning ourselves with Debitway.ca as a means to enhance our customer experience in Canada and across the world" said TransFast.com Director of Marketing Roshan Polepalli. Polepalli added "it is great to be working with a company that has a strong track record for success and a high standard for security."
Trans-Fast was founded in 1988 and has since built up a global network of pay-agents and over two hundred thousand points of payment around the world. The website enables money-transfers to nations across the globe and features 24/7 support through phone, email, and chat services on their website TransFast.com. TransFast.com also features their "Highest Exchange Rate Online Guarantee", meaning customers can get the best possible rate on international currencies. TransFast.com's adoption of DebitWay *INTERAC® Online will now allow funds from any BMO, RBC, Scotia Bank, or TD Canada Trust account to be processed more conveniently and in real-time. From TransFast.com, customers will be forwarded to their banking institution of choice. From there, customers will be able to log in and confirm their transactions with their bank, and will be sent back to TransFast.com to complete their transaction. These transactions are backed up by TransFast.com's 100% money back guarantee along with strong security and privacy protection.
Debitway.ca is pleased to be working with TransFast.com. With almost 25 years of experience in the remittance industry, TransFast.com will thrive using *INTERAC® Online to provide the most thorough, secure, and convenient services possible to their customers. As the online remittance sector continues to flourish in Canada and abroad, TransFast.com will continue to provide excellent service and supply a stable and secure platform for sending money abroad.
Remittance companies that have a proven track record of sales and are ready to tap into the Canadian market using DebitWay *INTERAC® Online services are invited to contact DebitWay via email at [email protected]. Stay tuned to Debitway.ca's corporate blog as we continue to grow our roster of companies embracing *INTERAC® Online.
-
DebitWay.ca Recognized As Payment Service Provider Expert ByThePaypers.com Publication
April 17th, 2013
How the "1 Source Payment Online" solution is crucial to breaking into the Canadian payment industry
Montreal, Quebec (PRWEB) April 17, 2013
Click here to download this page in PDF format.
Click here to view this page on PRWEB.DebitWay.ca "Canada's Favourite Way to Pay" has been recognized by ThePaypers.com as a payment service provider expert in the March 22nd version of their premium newsletter focusing on e-commerce in Canada.
Rod Tomita, Regional Senior Business Development Manager for DebitWay.ca spoke about the "1 Source Payment Online" solution that is crucial for any company looking to break new ground in the Canadian e-commerce industry.
"I believe," said Rod Tomita to ThePaypers.com "that any Canadian e-commerce or online payment business that can provide an end-to-end solution to their merchants that takes away the nightmare of having to deal separately with direct bank transfers, mobile financial solutions, virtual credit cards, EFTs, credit card payments, identity verifications, POS transactions, mobile POS transactions, discount incentive services, digital wallet or white labeling of their payment solutions, is going to position itself as a successful industry leader."
Included in the same Canadian e-commerce focused publication were industry experts Brian Crozier, President of Net Payment Solutions Inc., and Drew Green the founder, CEO and chairman of the highly successful website SHOP.CA who both discussed topics ranging from Canadian online shopping trends to payment processing statistics.
"Payment processing in Canada is already quite advanced thanks to the country's strong banking sector that created a common payments backbone for all financial institutions in Canada," said Drew Green to ThePaypers.com. "As a result, Canadians have had online debit processing for years through *Interac and most recently with Visa Debit. Our mobile consumption and innovation is world-class with companies like Blackberry calling Canada home. Looking to the future, we see more innovation in NFC, digital wallet payment services and chip and Pin security advancing customer-not-present transactions."
DebitWay.ca has expanded its unique and expert perspective with the launch of its corporate blog last month "The New Voice of the Global Payment Processing Industry" which features articles, interviews and press releases by DebitWay.ca staff who are experts in their fields and the payment processing industry. The DebitWay.ca corporate blog can be found at http://blog.debitway.ca.
DebitWay.ca can quickly and easily integrate payment processors to accept *INTERAC® Online solutions and increase their traffic significantly. Companies with a proven record of transactions and a commitment to offering their Canadian customers a safe, secure and trusted way to make online payments can email DebitWay.ca directly to learn more at, social(at)debitway(dot)ca.
-
DebitWay.ca Supplying Gaming Companies A Clear Line Into The Canadian Gaming Market
April 5th, 2013
Debitway.ca announces payment service solutions for the online gaming market in Canada
Montreal, Quebec (PRWEB) April 05, 2013
Click here to download this page in PDF format.
Click here to view this page on PRWEB.DebitWay.ca "Canada's Favourite Way to Pay" has announced a brand new initiative today on behalf of all Canadian gamers that will make alternative payment methods more available on the market as Canadians shift away from using credit cards and PayPal to pay for online purchases.
"Last week, DebitWay.ca announced extremely promising results for two of our online gaming partners - YorkGame.com and 186card.com - that showed incredible growth for both companies after using our services," said Nadia Belanger Director of Administration and Accounts for DebitWay.ca. "Because of those announcements the response from Canadian gamers has been incredibly supportive and they have been vocal about the high demand they have for alternatives to using credit cards and PayPal. We've heard their voices and are continuing our strong path to not only remain "Canada's Favourite Way to Pay" but to become "Canada's Favourite Way to Game" across the country."
DebitWay.ca partner 186card.com saw an increase of 88 per cent in their sales volume over a one year period using DebitWay.ca services, while DebitWay.ca partner YorkGame.com saw a 63 per cent rise in their sales volume over a two year period. Both companies have attributed their growth squarely on the service, security and solutions offered by partnering with DebitWay.ca.
"Our services and expertise have made DebitWay.ca the 'go to' payment service provider for companies looking to break through or expand their reach within the Canadian market," explained Rod Tomita, Regional Senior Business Development Manager for DebitWay.ca "and as Canadians turn away from using credit cards and PayPal as their preferred form of online payment, we are here to help companies navigate these new waters and help raise their sales volume to incredible heights."
Statistics show that in 2011 at least 59 per cent of Canadians considered themselves gamers and of that percentile the average age of self identified Canadians gamers was 33 years of age. Those numbers add up to an approximate 20million Canadian citizens who not only enjoy gaming, but are shifting away from credit cards and PayPal as their preferred payment source
DebitWay.ca can quickly and easily integrate any existing gaming company to accept DebitWay.ca *INTERAC® Online solutions and increase their sales volume significantly. Companies with a proven record of transactions and a commitment to offering their Canadian customers a safe, secure and trusted way to make online payments can email DebitWay.ca directly to learn more at, social(at)debitway(dot)ca.
Read the original press release on the DebitWay.ca corporate blog: http://blog.debitway.ca/2013/04/04/debitway-ca-supplying-gaming-companies-a-clear-line-into-the-canadian-gaming-market-press-release/
-
DebitWay.ca Gaming Partner 186card.com Sees 88 Per Cent Sales Volume Increase In One Year
March 26th, 2013
Growth in payment processing for Canadian gaming industry being spurred by DebitWay.ca solutions
Montreal, Quebec (PRWEB) March 26, 2013
Click here to download this page in PDF format.
Click here to view this page on PRWEB.DebitWay.ca "Canada's Favourite Way to Pay" and gaming card website 186card.com have announced today that the gaming website has seen an 88 per cent increase in sales volume over a one year period by using DebitWay.ca payment processing solutions.
"In just one year DebitWay.ca has been able to increase the sales volume of Canadian gamers for 186card.com by an impressive 88 per cent over their previous year," announced Rod Tomita, Regional Senior Business Development Manager for DebitWay.ca. "And with the incredible growth we have been able to make happen for them, it signals the type of success that DebitWay.ca services can help any gaming company achieve when doing business with Canadians."
In addition to the 88 per cent rise in sales volume that 186card.com has experienced using DebitWay.ca payment processing solutions, the gaming card website has also experience a 51 per cent increase in their transactions per month over the same one year period.
"DebitWay.ca has helped 186card.com expand our reach into the Canadian gaming market by supplying us with a safe, secure and recognized payment processing solution that our customers trust," said Chunyi Ding, owner of 186card.com "and as credit cards and PayPal become less popular in Canada, DebitWay.ca is our first choice for continued success."
This announcement comes during the kickoff to the 2013 Game Developers Conference in San Francisco, and DebitWay.ca's ongoing coverage of the events and announcements coming out of the event each day. To see the coverage from DebitWay.ca visit their corporate blog at blog.debitway.ca.
DebitWay.ca can quickly and easily integrate any existing gaming company to accept *INTERAC® Online solutions and increase their traffic significantly. Companies with a proven record of transactions and a commitment to offering their Canadian customers a safe, secure and trusted way to make online payments can email DebitWay.ca directly to learn more at, social(at)debitway(dot)ca.
-
DebitWay.ca Gaming Partner YorkGame.com Sees 63 Per Cent Rise In Sales Volume
March 22nd, 2013
Growth in the Canadian online gaming market being spearheaded by DebitWay.ca
Montreal, Quebec (PRWEB) March 22, 2013
Click here to download this page in PDF format.
Click here to view this page on PRWEB.DebitWay.ca, "Canada's Favourite Way to Pay" and gaming card website YorkGame.com have announced today that their partnership has resulted in a 63 per cent rise in sales volume for the YorkGame gaming website since March 2011.
"After two years of hard work with YorkGame.com we felt it was time to take a moment and acknowledge publicly the tremendous growth they have seen using DebitWay.ca payment processing solutions," said Rod Tomita, Regional Senior Business Development Manager for DebitWay.ca "because as the Canadian market expands, more online businesses are going to need a safe, secure and trusted option to make the advances that YorkGame.com has, and that option is DebitWay.ca."
In addition to the 63 per cent increase in sales volume over the last two years with DebitWay.ca, YorkGame.com has also experienced a 52 per cent increase in their total transactions per month using DebitWay.ca payment processing solutions.
"Switching over to alternative payment methods like *INTERAC® Online through DebitWay.ca," attests Bill Zhang, Vice President of the York Group "has not only allowed YorkGame.com to connect with the growing number of Canadian gamers without a credit card, but it has dropped our rate of charge backs to zero which is something that credit cards and PayPal could never provide."
DebitWay.ca has been covering the ramp up to the 2013 Game Developers Conference in San Francisco which runs from March 25th to the 29th which prompted the timely announcement on the success of YorkGame.com.
"While the gaming world is preparing to come together at the 2013 Game Developers Conference, we at DebitWay.ca wanted to showcase the great work that our partners in the gaming world are doing, and in the coming days YorkGame.com will be joined by other DebitWay partners to showcase their current successes as well."
DebitWay.ca can quickly and easily integrate any existing gaming company to accept *INTERAC® Online solutions and increase their traffic significantly. Companies with a proven record of transactions and a commitment to offering their Canadian customers a safe, secure and trusted way to make online payments can email DebitWay.ca directly to learn more at, [email protected]
-
DebitWay.ca Blog Highlights Alternative Payments Seminar At 2013 Game Developers Conference
March 20th, 2013
Canadian gamers looking to replace credit cards and PayPal for online purchases
Montreal, Quebec (PRWEB) March 20, 2013
Click here to download this page in PDF format.
Click here to view this page on PRWEB.The DebitWay.ca corporate blog, "The New Voice of the Global Payment Processing Industry" has reported on an important Game Developers Conference 2013 (GDC2013) session aimed at discussing the future of alternate payments in the gaming industry in an article titled "What To Watch For At The Game Developers Conference 2013 – Part 1" that discusses the move away from credit cards and PayPal for online gaming purchases by Canadian gamers.
The GDC13 conference which runs from March 25th to the 29th will feature a panel discussion including Albert Donahue, Chief Executive Officer for Payelp Global, Michael Frasier, Senior Director of Business Development for InComm, Ryan Ivers, Senior Sales Manager for Skrill/Moneybookers and Jonathan Newall, Director of U.S. Sales for SafetyPay that will enlighten game developers on "which payment options lead the way in emerging regions (including Latin America, Russia & More) and how alternative payment service providers can help gaming companies earn more revenue abroad."
Mentioned in particular in the GDC2013 biography for Jonathan Newall of SafetyPay, a DebitWay.ca payment service provider, is his company's reach into the Canadian market which has been spearheaded through the use of payment options supplied by DebitWay.ca to reach a customer base that is quickly moving away from payment options like credit cards and PayPal.
"Our research and data shows that Canadians are moving away from traditional methods of online payment and embracing the security and safety that *INTERAC® Online gives them," explains Rod Tomita, Regional Senior Business Development Manager for DebitWay.ca "and when you look at the growing number of Canadian gamers giving up their credit cards and PayPal accounts to use their debit cards through DebitWay.ca it reinforces the fact that companies like SafetyPay are making a smart investment for gamers in the Canadian market."
In a country where almost 60% of the population considered themselves gamers in 2011, and the average age of that demographic being 33-years-old, there are clearly huge benefits to offering Canadians the types of alternative payment forms that they are searching for, and using much more often.
DebitWay.ca can quickly and easily integrate any existing remittance company to accept *INTERAC® Online solutions and increase their traffic significantly. Companies with a proven record of transactions and a commitment to offering their Canadian customers a safe, secure and trusted way to make online payments can email DebitWay.ca directly to learn more at, [email protected]
-
DebitWay.ca Blog Highlights Trillion Dollar Benchmark For Global Mobile Payment Transactions
March 15th, 2013
Industry projections for 2017 now moved up to 2015 by Heavy Reading Mobile Networks Insider
Montreal, Quebec (PRWEB) March 15, 2013Click here to download this page in PDF format.
Click here to view this page on PRWEB.The DebitWay.ca corporate blog, "The new voice of the global payment processing industry" has reported on a significant development in the global mobile payment industry that has seen projections of it reaching the $1trillion in transactions benchmark in 2017 now moved forward to 2015.
The DebitWay blog detailed that in November of 2012, the Mobile Payments Today website reported on a study released by IDC Financial Insights that projected global mobile payments would reach $1trillion in 2017, calling that benchmark a "big sexy number." That projection has now been updated by Heavy Reading Mobile Networks Insider to 2015 in a report entitled "No Idle Chatter: Payments Add Value to Mobile Ecosystem."
"DebitWay absolutely recognizes that here has been a great deal of movement towards mobile options in the payment processing industry recently," explained
The DebitWay blog also detailed that the $1trillion benchmark will not be reached necessarily because of customer demand, it will be reached by a huge surge in merchants offering mobile payments.
"What we are seeing right now in the mobile payments market, is an industry that is laying out the framework ahead of the projected customer demand," explained Rod Tomita, Regional Senior Business Development Manager for DebitWay.ca "and this type of foresight and preplanning is going to take the mobile payments industry to great heights."
DebitWay.ca can quickly and easily integrate any existing remittance company to accept *INTERAC® Online solutions and increase their traffic significantly. Companies with a proven record of transactions and a commitment to offering their Canadian customers a safe, secure and trusted way to send remittance can email DebitWay.ca directly to learn more at, [email protected]
-
DebitWay DebitWay.ca Blog Shows Overseas Filipino Workers (OFWs) Less Likely To Save Remittance For A Rainy Day
March 13th, 2013
Remittance also a key factor in determining wages for communities that host foreign workers
Montreal, Quebec (PRWEB) March 13, 2013
Click here to download this page in PDF format.
Click here to view this page on PRWEB.A new blog post by the DebitWay.ca Corporate Blog entitled "Inside Remittance: Saving For The Future And Making It Day By Day" is shining a light on two nuanced and social implications that affect not only overseas Filipino workers, but the communities that those workers send remittance from.
A paper published by Williams College in Williamstown, MA has provided results that show in communities where remittances from foreign workers go up by 10%, there is a correlating drop in native worker wages by 1.6% and when tied into an article released by the Global Nation Inquirer detailing the lack of money being saved and invested by overseas Filipino workers, it raises critical talking points for the remittance industry.
"The remittance industry is on the cutting edge of a global social experiment that is not only shaping the way we all look at money, but how we view ourselves as global citizens, because the implications of a globalized workforce and the ability to send remittance anywhere in the world is changing the way every country does business and how they view themselves in a global economy."
The DebitWay.ca blog has been designed and written for the money transfer, online payment, remittance and payment service provider community and is "The New Voice of the Global Payment Processing Industry."
"We felt it was extremely important to tie these two articles together because we wanted to create an interesting and dynamic conversation on our blog that leaders in the remittance industry could weigh in on," says Rod Tomita, Regional Senior Business Development Manager for DebitWay.ca "and from some of the emails we have already received the conversation has definitely begun."
DebitWay.ca can quickly and easily integrate any existing remittance company to accept *INTERAC® Online solutions and increase their traffic significantly. Companies with a proven record of transactions and a commitment to offering their Canadian customers a safe, secure and trusted way to send remittance can email DebitWay.ca directly to learn more at, [email protected]
-
DebitWay.ca Launches New Corporate Blog Focused On Remittance And Payment Processing
March 8th, 2013
Industry leaders in remittance and payment processing to become an industry force
Montreal, Quebec (PRWEB) March 08, 2013
Click here to download this page in PDF format.
Click here to view this page on PRWEB.Debitway.ca, "Canada's Favourite Way to Pay" is announcing today the launch of their official corporate blog that will focus on the payment processing industry and give a fresh, newsworthy and insightful view into the booming global money market.
"DebitWay is proud to announce the launch of our new remittance and payment processing blog that we are certain will rapidly become a trusted industry voice," announced Rod Tomita, Regional Senior Business Development Manager for DebitWay.ca. "And with the skilled and passionate writing team we have built, the content we produce will break new ground in the remittance and payment processing industry."
The new DebitWay.ca corporate blog will move forward with a vision to inform, inspire, educate and unite the remittance and payment processing industry around the trends, themes, companies, personalities and critical issues it faces. The entire writing team will consist of DebitWay.ca employees who are leaders in their respective fields, running the gambit from social media to administration, from finance to technology and from security to customer service.
"The new DebitWay.ca corporate blog is going to drastically change the way that industry insiders and industry outsiders look at remittance and payment processing by publishing content that engages, inspires, educates and informs readers all the way from CEO's to the customers who use their services, We want to reach deep into the industry and showcase the people, places, personalities and trends that make remittance and payment processing the successful and exciting arena that it is."
Debitway.ca invites everyone to preview their launch content today at blog.debitway.ca
DebitWay.ca can quickly and easily integrate any existing remittance company to accept *INTERAC® Online solutions and increase their traffic significantly. Companies with a proven record of transactions and a commitment to offering their Canadian customers a safe, secure and trusted way to send remittance can email DebitWay.ca directly to learn more at [email protected]
-
DebitWay.ca Working With Mobile Technology Experts to Pave the Way For Mobile Remittance in Canada
March 1st, 2013
New BlackBerry BBM money transfer service a sign of growth in the mobile remittance industry
Montreal, Quebec (PRWEB) March 01, 2013
Click here to download this page in PDF format.
Click here to view this page on PRWEB.DebitWay.ca, "Canada's Favourite Way to Pay" is announcing today that they have begun working with leaders in the mobile technology field to break new ground in mobile remittance solutions for DebitWay.ca partners offering remittance services to and from Canada.
"We have been watching the rapid transition take place from traditional services offered at brick and mortar remittance facilities, to the ever increasing demand for mobile phone solutions, and we've committed ourselves and our company to not only make mobile remittance fast and easy, but to ensure that our partners are on the cutting edge of this expanding technological market."
As an example of the market expansion, Canadian smartphone company BlackBerry has begun preliminary mobile remittance service testing in Indonesia that will allow BlackBerry customers to send money to other BlackBerry phone users through their BBM messaging service. According to the Financial Post "BlackBerry is looking to Indonesia, a country of 249 million people where it's the leading smartphone brand, to develop a feature it hopes can protect the messenger service from losing customers to WhatsApp Inc. and other rival services. The plan could lead the Waterloo, Ontario-based company into an industry dominated by Western Union Co. and MoneyGram International Inc."
"DebitWay.ca is not just a payment service provider to the Canadian market, we are problem solvers, we look to where the industry is going and we lock our sights on how to get our partners there quickly and securely, which is why we are recognized and respected by our partners such as PlaySpan, UAE Exchange and Xpress Money for this type of commitment to cutting edge technology."
DebitWay.ca can quickly and easily integrate any existing remittance company to accept *INTERAC® Online solutions and increase their traffic significantly. Companies with a proven record of transactions and a commitment to offering their Canadian customers a safe, secure and trusted way to send remittance can email DebitWay.ca directly to learn more at, [email protected]
-
Study Reveals Remittance in Canada Leads the World on Per Capita Basis
February 21st, 2013
DebitWay *INTERAC® Online solutions make it easier for Canadian immigrants to send money home
Montreal, Quebec (PRWEB) February 21, 2013
Click here to download this page in PDF format.
Click here to view this page on PRWEB.A recent article by Macleans.ca magazine has pointed to a trend in the remittance industry that is still being overlooked by most industry leaders: Canada is not only the third largest sender of remittance in the world but is the number one sender of remittance per capita than any other country, and only through using DebitWay *INTERAC® Online solutions can remittance companies fully capitalize on this.
"Considering that in the same week both The Guardian UK and Macleans magazine have used data from the World Bank to place Canada in the top tier of remittance senders in the world is a huge indicator to the value of the Canadian market, and as the Canadian remittance market grows, DebitWay *INTERAC® Online solutions are the best choice for remittance companies looking to branch out into that market."
World Bank statistics show that in 2012 alone $23.4billion in remittance was sent from Canada to countries around the world, placing it third behind only Saudi Arabia and the United States. One of the contributing factors for these impressive remittance numbers is the high immigrant population residing in Canada.
According to the Macleans.ca article "Part of the reason for the great outflow from Canada is the sheer number of immigrants in this country, accounting for roughly 20 per cent of the population. Canada's immigration point system favours higher-skilled, higher-earning, and thus higher-remitting immigrants. Workers on temporary permits also tend to send much greater amounts of money back home than traditional immigrants, and few countries use temporary foreign workers to the extent Canada does."
"DebitWay understands the needs of Canada's temporary foreign workers and its immigrant population and has the product and the tools to ensure that the money they send home to friends and family is done safely and securely". "Making DebitWay.ca the standalone choice for remittance companies to enter into the Canadian market with a product that Canadians know and trust."
DebitWay.ca can quickly and easily integrate any existing remittance company to accept *INTERAC® Online solutions and increase their traffic significantly. Companies with a proven record of transactions and a commitment to offering their Canadian customers a safe, secure and trusted way to send remittance can email DebitWay directly to learn more at, [email protected]
-
Guardian UK Article Confirms DebitWay.ca Stance: Canada Is A Top Global Remittance Sender
February 20th, 2013
DebitWay *INTERAC® Online payments are the key to reaching the Canadian market
Montreal, Quebec (PRWEB) February 20, 2013
Click here to download this page in PDF format.
Click here to view this page on PRWEB.A recent article by The Guardian UK entitled "Where does the money go? Remittances around the world visualized" reveals just how important Canada is to the success of the growing and expanding remittance market – punctuating why DebitWay *INTERAC® Online remittance services are key for any company offering remittance to and from Canada.
"It is no surprise to DebitWay at all that Canada ranks amongst the top countries in the world in the amount of remittance it sends to other countries," says Rod Tomita, Regional Senior Business Development Manager for DebitWay.ca "because we have the data on our end too that shows not only the growth in the global remittance industry, but that those who are sending and receiving money to and from Canada are turning more and more to *INTERAC® Online as their preferred method, and that's what DebitWay.ca specializes in."
According to the Guardian article, remittance payments totalling $23.4billion were sent from Canada to countries around the world, leaving only Saudi Arabia and the United States ahead of Canadian remitters with total remittance sent from those countries at $24.19billion and $120.16billion respectively.
Canada is home to an increasingly robust population of migrant and seasonal workers who have helped bolster the remittance industry within the country, but continued growth in the industry must include integrated payments options for *INTERAC® Online for customers as credit cards are increasingly hard to procure for immigrants, new residents and those applying for citizenship.
While credit cards may be out of reach for many of those just arriving to Canada, the bank accounts that these remitters open are issued a bank card that allows the card holders to shop and send remittance online using services like DebitWay *INTERAC® Online solutions.
"Credit cards are a stumbling block to the remittance industry in Canada because they cut out the base customers that keep the industry growing," explains Rod Tomita "and it takes those customers very little time to realize that their best option in sending money home to friends and family are choices like DebitWay *INTERAC® Online services. The faster industry leaders realize this, the faster we can help them tap into the market even further."
DebitWay.ca can quickly and easily integrate any existing remittance company to accept *INTERAC® Online solutions and increase their traffic significantly. Companies with a proven record of transactions and a commitment to offering their Canadian customers a safe, secure and trusted way to send remittance can email DebitWay directly to learn more at, [email protected].
-
DebitWay.ca Merchant UAE Exchange Receives International Service Excellence Recognition In Remittance
February 19th, 2013
UAE Exchange the first Middle East company in money exchange to receive the certification
Montreal, Quebec (PRWEB) February 19, 2013
Click here to download this page in PDF format.
Click here to view this page on PRWEB.DebitWay.ca is extending proud congratulations to one of its industry leading merchants on the recent news that UAE Exchange has become the first money exchange company in the Middle East to be certified by The International Standard for Service Excellence (TISSE2012).
"Having worked closely with UAE Exchange as their payment service provider to the Canadian remittance market for Money2Anywhere.com, we know first hand that this important benchmark was not only well earned, it was also well deserved, and that is why we take great pride in recognizing this defining achievement by UAE Exchange."
According to AMEInfo.com, "UAE Exchange received a score of 85.4% based on seven category points: Policies, Premises, Products/Services, Processes, People, Measurement of Performance and Measurement Results. It scored highest in Products/Services with 92.5%.
The assessment was conducted in December last year by the British Standards Institution (BSI) - Middle East and Africa, the third party certification regional certification partner of TICSI."
DebitWay.ca has helped UAE Exchange expand their reach in the Canadian remittance market by providing Money2Anywhere with safe and secure access to *INTERAC® Online Payment (IOP) services and the 87% of Canadian debit card holders who have used *INTERAC® Online to send money or make online purchases.
Speaking with AMEInfo about the recognition that UAE has just received, UAE Exchange Country Head Varghese Mathew said, "Excellence is a journey. The recognition we received is a milestone. This will make a lot of difference on how we deliver our services which will ultimately benefit our customers."
DebitWay.ca can quickly and easily integrate any existing remittance company to accept *INTERAC® Online solutions and increase their traffic significantly. Companies with a proven record of transactions and a commitment to offering their Canadian customers a safe, secure and trusted way to send remittance can email DebitWay directly to learn more at, [email protected]
-
DebitWay.ca Applauds Wells Fargo 10 Year Anniversary In Remittance
February 15th, 2013
DebitWay *INTERAC® Online remittance services nearing same benchmark as ExpressSend
Montreal, Quebec (PRWEB) February 15, 2013
Click here to download this page in PDF format.
Click here to view this page on PRWEB.A press release sent out February 13th, 2013 by Wells Fargo has announced a special promotion for their ExpressSend remittance services in honour of their first decade in the remittance industry, a significant milestone that DebitWay.ca is set to celebrate in the coming months as a payment service provider.
"The success of remittance service providers like Wells Fargo is yet again another great benchmark the remittance industry has reached in 2013," says Rod Tomita, Regional Senior Business Development Manager for DebitWay.ca "and that same success is happening here in Canada right now with DebitWay.ca as we prepare to join Wells Fargo in celebrating our first decade as a trusted and leading payment service provider for the Canadian market who offers remittance."
The Canadian remittance market has seen tremendous growth in the last few years, but as Canadians turn more and more to using services like *INTERAC® Online as their preferred method of payment while increasingly using their credit cards less, the impact for remittance companies offering money transfer services to and from Canada is a growing concern if they do not have a gateway into DebitWay *INTERAC® Online remittance services.
"The remittance industry is quickly turning towards the Canadian market right now because it is beginning to understand the vast migrant population Canada has," explains Rod Tomita "and that population is made up of over 200 spoken languages that send money to nearly every country in the world to support parents, grandparents, friends and relatives back home."
One of the main reasons why the remittance industry continues to grow in Canada is simple: Migrant workers, immigrants and international students in Canada generally do not have access to credit cards for years after arriving because of their status in the country, but do have access to the Canadian banking system and the debit cards that are issued to them with those accounts. This is where DebitWay *INTERAC® Online remittance services play a key role in the industry.
DebitWay.ca can quickly and easily integrate any existing remittance company to accept *INTERAC® Online solutions and increase their traffic significantly. Companies with a proven record of transactions and a commitment to offering their Canadian customers a safe, secure and trusted way to send remittance can email DebitWay directly to learn more at, [email protected]
-
Remittance Industry Embracing Social And Mobile Money Transfer Services
February 14th, 2013
New Azimo Facebook application could revolutionize remittance industry for Canadians using *INTERAC® Online
Montreal, Quebec (PRWEB) February 14, 2013
Click here to download this page in PDF format.
Click here to view this page on PRWEB.An article released by TechCrunch this week discussing the new Azimo money transfer Facebook application highlights the rapid shift to mobile and social money transfer services in the remittance industry, and strengthens the need for those online merchants to incorporate DebitWay *INTERAC® Online remittance services for online transfers to and from Canada.
"There is absolutely no question that expansion into mobile and social money transferring services is where the next big market in remittance is, and with the help of DebitWay *INTERAC® Online remittance services, those industry leaders can break new ground into the Canadian market with a product that Canadians trust, respect and recognize."
Remittance and money transfer services in Canada have been steadily on the rise due to the vast multicultural population inside the country, and due to the amount of seasonal workers allowed into the country each year through the North American Free Trade Agreement. With over 200 recognized languages spoken in Canada by its citizens, residents and migratory workers, remittance services are in huge demand as money is sent to friends, relatives and family members around the globe.
"When you consider the fact that all indications point towards there being more cell phones than people on the planet by 2014, the choice is clear that the demand for mobile and social money transfer services is going to rise, and as the remittance industry grows in Canada, DebitWay *INTERAC® Online remittance services will be there to help integrate the world to the Canadian market."
DebitWay.ca can quickly and easily integrate any existing remittance company to accept *INTERAC® Online solutions and increase their traffic significantly. Companies with a proven record of transactions and a commitment to offering their Canadian customers a safe, secure and trusted way to send remittance can email DebitWay directly to learn more at, [email protected]
-
Facebook "Buy Tickets" Option Could Falter Without *INTERAC(R) Online Payments
February 13th, 2013
New Facebook functionality could leave Canadian consumers out in the cold
Montreal, Quebec (PRWEB) February 13, 2013
Click here to download this page in PDF format.
Click here to view this page on PRWEB.An article published by AllFacebook.com Monday points to a new option being tested by Facebook to allow consumers to purchase concert tickets using a "Buy Tickets" button on fan pages of their favourite musicians. Clicking the new "Buy Tickets" button takes consumers to third party websites, many of which may lose sales from Canada without an *INTERAC® Online payment option if the new Facebook service expands into North America
"As the Canadian markets grows for online shopping, so too does the need for secure payment options like DebitWay *INTERAC® Online solutions," says Rod Tomita, Regional Senior Business Development Manager for DebitWay.ca "because with over 86% of Canadians carrying a debit card in their wallet, not offering *INTERAC® Online payments is a missed opportunity to impressively boost sales."
Facebook is currently testing out the "Buy Tickets" button in non-disclosed markets, but the impact of this feature on the Canadian market is one that could revolutionize the way that Canadians purchase concert tickets and in the future movie tickets, online music and online videos. Ensuring that Canadians have a secure and trusted alternative to credit cards like DebitWay *INTERAC® Online payments is key to tapping into the over 4.1 billion transactions made each year now with services like *INTERAC® Online
"Canadian consumers know and trust *INTERAC® Online payments, and are always looking for more ways to use their debit card online," explains Rod Tomita "but because of the differences in the Canadian debit card system these shoppers are more often than not turned away from online debit card purchases by most retailers outside of Canada, and the presidents and CEOs of all the major US and European companies should understand just how much money there is to gain in capturing that waiting market."
DebitWay.ca can quickly and easily integrate any existing company to accept *INTERAC® Online payments and increase their traffic significantly. Companies with a proven record of transactions and a commitment to offering their Canadian customers a safe, secure and trusted way to shop online can email DebitWay.ca directly at, [email protected]
-
Remittance Industry Soars In The First Months Of 2013
February 12th, 2013
IPO by Xoom highlights the expanding remittance market in Canada with DebitWay *INTERAC® Online services
Montreal, Quebec (PRWEB) February 12, 2013
Click here to download this page in PDF format.
Click here to view this page on PRWEB.The Wall Street Journal shone a highly favourable light on the remittance industry in an article published February 10th, 2013 which highlights the approaching IPO for remittance up and comer Xoom – leaving no question that this bears a positive ripple effect for the remittance industry in Canada and DebitWay *INTERAC® Online remittance solutions.
"With remittance companies now going public and onto the stock market, it signals that the industry as a whole has built itself upon a foundation of reliability and stability," says Rod Tomita, Regional Senior Business Development Manager for DebitWay.ca "which are the same pillars we have built DebitWay *INTERAC® Online remittance services upon as we grow and expand the remittance industry in Canada."
An important trend to note in the remittance industry, which Xoom has already embraced, is the push towards mobile and online solutions, which are now competing directly with the more traditional brick and mortar agent locations. DebitWay *INTERAC® Online remittance services offer access to the Canadian market with a secure and trusted product known to every Canadian who has a debit card in their wallet.
"As the push towards online and mobile remittance surges," explains Rod Tomita "DebitWay.ca is poised at the head of that wave with the secure and trusted solutions that any remittance company wanting to enter the Canadian market should be looking for. DebitWay is Canada's favourite way to pay."
DebitWay.ca can quickly and easily integrate any existing remittance company to accept *INTERAC® Online solutions and increase their traffic significantly. Companies with a proven record of transactions and a commitment to offering their Canadian customers a safe, secure and trusted way to send remittance can email DebitWay directly to learn more at, [email protected]
-
Debitway.ca Offers Remittance Solution For Money Transfer Industry
February 7th, 2013
New agreement between BMO Bank of Montreal and Western Union a remittance roadmap to *INTERAC® Online services
Montreal, Quebec (PRWEB) February 07, 2013
Click here to download this page in PDF format.
Click here to view this page on PRWEB.A new agreement announced February 5th, 2013 between BMO Bank of Montreal and Western Union to offer *Interac e-Transfer™ services has opened the doors wider to services like DebitWay *INTERAC® Online remittance solutions to transform the money transfer industry within Canada.
"The new agreement between BMO Bank of Montreal and Western Union signals that leaders in the money transfer and remittance industries are finally embracing essential services like *INTERAC® Online payments," said Rod Tomita, Regional Senior Business Development Manager for DebitWay.ca "which will allow their diverse customers base to send money to and from Canada with the security and ease they deserve."
Canada is one of the most culturally diverse countries among all developed nations, signalling a huge remittance market, and according to the Canadian 2011 Census of Population it "counted more than 200 mother tongues or languages spoken most often at home. These include Canada's two official languages (English and French), Aboriginal languages and immigrant languages, whose presence is due to the waves of international migration that Canada has experienced over the centuries."
"Canadian citizens and residents who emigrate from other countries have international financial responsibilities and obligations," said Rod Tomita "and having a safe, secure and trusted system like DebitWay, *INTERAC® Online solutions for remittance is what their customers and clients are looking for."
DebitWay.ca can quickly and easily integrate any existing remittance company to accept *INTERAC® Online solutions and increase their traffic significantly. Companies with a proven record of transactions and a commitment to offering their Canadian customers a safe, secure and trusted way to send remittance can email DebitWay directly to learn more at, [email protected].
-
Expansion of MoneyGram In the US a Beacon For Canadian Remittance Industry
February 6th, 2013
DebitWay.ca poised to open the Canadian market to money transfer leaders with *INTERAC® Online remittance solutions
Montreal, Quebec (PRWEB) February 06, 2013
Click here to download this page in PDF format.
Click here to view this page on PRWEB.A partnership announced on February 4th, 2013 between MoneyGram and ampm - BP's popular chain of West Coast convenience store franchises - has signalled yet another benchmark in the growth of the remittance industry in North America, and highlighted Canadian options such as DebitWay.ca *INTERAC® Online remittance solutions as a proven path to attain solid industry growth.
"The remittance industry in Canada, although very strong right now, still has tremendous room for growth," said Rod Tomita, Regional Senior Business Development Manager for DebitWay.ca " and given the diverse multicultural and immigrant population in the country, the need for secure, safe and trusted services like DebitWay.ca *INTERAC® Online remittance solutions."
DebitWay.ca offers remittance companies a fast, safe and secure portal into the Canadian remittance market using the *INTERAC® Online system, which is one of the most trusted and secure payment systems in the world. The *INTERAC® Online remittance solutions offered by DebitWay.ca are some of the most revered and secure in the Canadian industry and have a proven track record of increasing sales and transactions for remittance providers.
"DebitWay.ca is a dedicated company that deals exclusively in solutions for Canadian debit card holders," said Rod Tomita "and those solutions are leading the way in allowing Canadians to access remittance services with a trusted and secure product."
DebitWay.ca can quickly and easily integrate any existing remittance company to accept *INTERAC® Online solutions and increase their traffic significantly. Companies with a proven record of transactions and a commitment to offering their Canadian customers a safe, secure and trusted way to send remittance can email DebitWay directly to learn more at, [email protected] .
-
Xpress Money Takes Remittance Global With DebitWay.ca
January 31st, 2013
DebitWay opens the door to the Canadian market and beyond for remittance giant Xpress Money.
Montreal, Quebec (PRWEB) January 31, 2013
Click here to download this page in PDF format.
Click here to view this page on PRWEB.Xpress Money, one of the leading global instant money transfer brands, has launched its online portal for Canadian remittance services with DebitWay.
Customers at the leading Canadian banks, BMO, RBC, Scotia Bank and TD Canada Trust can access this service to send money across the world and with the booming popularity of its services Xpress Money has plans of expanding this reach further.
Built on a safe and secure platform equipped with 128 bit SSL certifications and high-tech firewalls, the system has been designed to enhance the user experience and be customer friendly. Using the DebitWay remittance portal to make payments, this gateway is an immediate and effective way of transferring money online across the world.
Debanshu Majumdar, Director & Vice President at Xpress Money Services (Canada) Limited said, "Xpress Money conducted a major consumer research survey in Canada where we found that people who transfer money across the world and specifically to India, Pakistan, Philippines and the CIS region preferred the option of online money transfer from the convenience of their home or office. Based on the feedback we received, we launched this online money transfer service which helps our users transfer money from anywhere in Canada to the rest of the world. We are sure that our customers will be very pleased with the platform."
The rapid expansion into the global market for Xpress Money is also rooted in the company ethos "Bringing Home Closer" which states that "To all of us ‘Home' represents a sense of comfort and security, a touch of love and empathy; a place where we feel we belong. Home is but a concept of dependability and calm where we draw our strength from and is indeed something we seek through our daily lives. To the many migrants around the world, it remains at a distance and that is why we aim to bring a bit of ‘Home' closer to them."
*INTERAC® Online payment is a proven method for the remittance industry as it provides an environment that is fast, convenient and secure. DebitWay.ca is becoming the leading option for the remittance industry that is looking to reduce costs, while growing their business in Canada.
Remittance companies that have a proven track record of sales and are ready to tap into the Canadian market using DebitWay *Interac Online services are invited to contact DebitWay via email at [email protected].
About Xpress Money
Xpress Money is a leading online instant money transfer service with over 135,000 payout locations in more than 125 countries around the world that provides customers with the ease and security of sending money online right from their home or office.
Xpress Money is dedicated to connecting people around the world. Xpress Money's carefully chosen features provide unrivalled convenience, quality and competitiveness. Xpress Money is the chosen instant money transfer service that people around the world rely upon.
-
DebitWay Challenges Online Merchants Without *Interac® Online Payments (IOP) To Capture The Canadian Market in 2013
January 17th, 2013
Online merchants are missing out on the 4.1 billion transactions Canadians make each year using services like *Interac Online
Montreal, Quebec (PRWEB) January 17, 2013
Click here to download this page in PDF format.
Click here to view this page on PRWEB.DebitWay, "Canada's Favourite Way to Pay" has issued a challenge today to online merchants who are looking for the most secure, trusted and easy way for their Canadian customers to pay online. That challenge: Who is ready to tap into the 4.1 billion transactions Canadians make each year using services like *Interac Online in 2013?
Social gaming companies, remittance providers, independent sales organizations (ISO), payment service providers (PSP), online retailers or anyone who offers payment services to Canadians now have the opportunity to connect with over 86% of the Canadians who have a debit card.
"By offering the DebitWay *Interac Online payment method, our partners enjoy the security and knowledge that all of their transactions are guaranteed without the possibility of chargebacks that have become a huge deterrent with accepting credit card payments online," explains Rod Tomita, Regional Senior Business Development Manager for DebitWay.
Industry leaders such as JustEat.ca, Roots Canada, Virgin Mobile, Aldo Shoes, Via Rail, Cineplex Entertainment, Rogers Wireless, Chapters / Indigo, WestJetEvents.ca and Lavalife are part of a growing list of businesses that are already enjoying their share of the 182 billion dollars that Canadians spend annually using services like *Interac Online.
Every day, Canadians are choosing *Interac Online more and more as their preferred method of online payment. DebitWay *Interac Online payments are also an increasingly popular choice for Canadians who do not own a credit card or are concerned about giving their credit card numbers to an online merchant.
"DebitWay is eagerly looking to partner with businesses and organizations that have a proven track record of sales and savvy and are ready to accept our challenge of tapping them into one of the fastest growing pipelines of the booming online Canadian market," says Rod Tomita.
When DebitWay partners offer *Interac Online services, they provide Canadians with a convenient payment option that is being used more and more every day. They also join thousands of other online merchants who are providing a safe and secure electronic payment system for debit cardholders.
For more information about DebitWay, visit www.debitway.ca
About DebitWay.ca - Canada's Favourite Way to Pay
Headquartered in Montreal, Canada, DebitWay.ca is a certified payment provider that offers *INTERAC® Online Payment (IOP) solutions. Simply by adding additional Debitway.ca payment options to already existing platforms, Debitway.ca partners can begin accepting bank payments in real-time instantly.
DebitWay.ca's list of partners are comprised of some of the most experienced and knowledgeable people within the payment processing industry. Currently, participating financial institutions include: BMO Bank of Montreal, RBC Royal Bank of Canada, Scotia bank and TD Canada Trust.
Contact Information:
Rod Tomita
[email protected]
1-877-332-4802 -
DebitWay Announces a Partnership with Remit Anywhere to Provide an Integrated Direct Debit Payment Solution for the Remittance industry
June 30th, 2011
Anyone from anywhere can now send money anytime.
Montreal (PRWEB) June 30, 2011
Click here to download this page in PDF format
Click Here to view this page on Yahoo.com
remitAnywhere is adding DebitWay to its existing service by teaming up with Montreal, Quebec-based DebitWay which provides services specifically tailored to the international remittance industry in Canada and abroad by providing Direct Debit Payments (DDP) as well as *INTERAC® Online Payments (IOP).
remitAnywhere Solutions, a North America based software company has developed a unique and innovative online solution to fully automate money transfer activities and processes for the Money Service Business (MSB). MSBs face today amidst increasing regulatory and customer service demands and diminishing capabilities of their existing software systems. Their 10 years of innovative service-oriented approach towards a solution for the MSBs has solved operational and compliance problems by creating new automated processes.
The remitAnywhere product is developed to automate and streamline all business entities including Sender, Receiver, Branches, Agents, Payees and Correspondent Banks. The system offers a multi country, multi language comprehensive interface with the capability to both Send and Disburse payments to over 50 countries around the world. There are three integrated components to achieve this functionality.
Our goal is to constantly improve the service we offer to our customers" said Tahrir Saani, remit- Anywhere Co- founder and CEO. "By partnering with DebitWay to offer Direct Debit Payments, we believe we have improved both the level of service and security we offer to our global customers."
remitAnywhere online person-to-person money transfer portal is possible through the partnership with DebitWay which allows remitAnywhere to accept remittance payments from anyone with a bank account at a participating financial institution, simply by using their existing online banking service. With DebitWay intervention, these online banking transactions take place in real time, with the payment amount and payer's identity guaranteed by their bank in 10 seconds or less.
Headquartered in Montreal, Canada, DebitWay.com has become a recognized leader in Debit Card Payment services. Through innovation and experience it has maintained an outstanding track record of bringing groundbreaking products, services and technology to the payment network.
DebitWay business model began by offering *INTERAC Online Payments exclusively with the following participating financial institutions in order to service any enterprise interacting with online consumers: BMO Bank of Montreal, RBC Royal Bank of Canada, Scotiabank and TD Canada Trust.
Today, DebitWay is being recognized World Wide as an international payment gateway by providing an additional 52 banks located in 11 countries on its innovative direct debit payment Network. As a result, online merchants can offer instant Direct Debit payment (DDP), without affecting their existing processing agreements. They simply add DebitWay banking Network payment option to their existing checkout page.
Supported by the most trusted associations in the market such as trust companies, credit unions, banks and payment related companies, DebitWay connects Merchants & Internet Users by providing an immediate, secure and effective system to transfer Cash over the Internet.
DebitWay continues to specialize in providing payment solutions to many industry types, especially those organizations that have considered traditional online payment solutions in the past, but found them to be too costly. DebitWay key benefits are real-time direct debit payment transaction processing and verification.
If you would like more information about this topic or would like to schedule an interview with Rod Tomita, please call 877-332-4802 or Email [email protected].
-
Office Superstore BuyOnlineNow.ca adds *INTERAC® Online Payments from DebitWay.ca
October 20th, 2010
WEBWIRE - Wednesday, October 20, 2010
Online office supply superstore BuyOnlineNow.ca has added *INTERAC® Online Payments (IOP) to its web site by teaming up with Montreal, Quebec based DebitWay.ca who exclusively offers * INTERAC® Online Payment Service.
By adding *INTERAC®, the most recognizable brand in Canada, BuyOnlineNow.ca now offers its customers the most trusted way to pay for office products online - securely from their own bank account.
"Our goal is to constantly improve the service we offer our customers" said Bob Herman, BuyOnlineNow founder and CEO. "By partnering with DebitWay.ca to offer *INTERAC® Online Payments we believe we have improved both the level of service and security we offer our Canadian customers."
DebitWay.ca's business model offers IOP exclusively, which is a separate payment gateway, and does not offer other types of online payments such as credit cards. As a result, online merchants can offer IOP, without affecting their existing processing agreements. They simply add another payment option to their existing checkout page. IOP's key benefits are real-time transaction processing and verification. Currently, participating financial institutions include BMO Bank of Montreal, RBC Royal Bank of Canada, Scotiabank and TD Canada Trust.
About BuyOnlineNow: In the US, BuyOnlineNow.com has provided office supplies and office furniture to businesses and consumers since May 2000. Its online catalog includes over 33,000 products stocked in 85 distribution centers nationwide. Opened in March 2007, BuyOnlineNow.ca offers more than 9000 office products for Canadian customers shipping from 5 distribution centers across Canada. BuyOnlineNow was named to the Inc Magazine list of fastest growing companies in America in 2005, 2006, 2007, 2008 and 2009. BuyOnlineNow was also included in Internet Retailer Magazine's Guide to the top 500 online retailers in 2007, 2008, 2009 and 2010.
-
UAE remittance portal gears up for *INTERAC® payments
September 13th, 2010
MONTREAL--Remittance company UAE Exchange is adding *INTERAC® Online Payments (IOP) to its online service by teaming up with Montreal, Quebec-based DebitWay.ca, which provides services specifically tailored to the international remittance industry in Canada.
UAE Exchange is a large remittance company which handled a remittance volume of close to US$20 billion in 2009. The company operates in 22 countries and has 470 branches globally, including 5 branches in Canada, according to Debitway.ca.
Money2anywhere.com is UAE Exchange's online person-to-person money transfer portal. The partnership with DebitWay.ca will allow Money2anywhere.com to accept remittance payments from anyone with a Canadian bank account at a participating financial institution, simply by using their existing online banking service. With *INTERAC® Online Payments' intervention, these online banking transactions take place in real time, with the payment amount and payer's identity guaranteed by their bank in 10 seconds or less.
The United Arab Emirates (UAE) is one of the largest remittance corridors globally and growing rapidly, points out Andy Makosz, VP of Business Development at Debitway.ca. UAE's local national population is approximately 22% of the estimated total population of 4.8 million. For example, the NRI (non-resident Indian) population in the UAE alone numbers at least 1 million.
DebitWay.ca's business model offers IOP exclusively, which is a separate payment gateway, and does not offer other types of online payments such as credit cards. As a result, online merchants can offer IOP, without affecting their existing processing agreements. They simply add another payment option to their existing checkout page.
DebitWay.ca provides IOP services to any enterprise interacting with Canadian consumers. It specializes in providing payment solutions to the financial services industry, especially those organizations who have considered traditional online payment solutions in the past, but found them to be too costly. IOP's key benefits are real-time transaction processing and verification. Currently, participating financial institutions include BMO Bank of Montreal, RBC Royal Bank of Canada, Scotiabank and TD Canada Trust.
-
Credit card firms face Canadian code of conduct
July 13th, 2010
TORONTO (Reuters) - Canadian Finance Minister Jim Flaherty unveiled a voluntary code of conduct for the credit and debit card industry on Friday, but said the government stands ready to regulate if business does not regulate itself.
"The code of conduct encourages choice and competition. It gives merchants the freedom to choose which card networks they use, helps them control their costs and allows them to pass on savings to their customers," Flaherty said.
Small businesses have lobbied for a code of conduct for years, arguing that credit card companies have too much power to hike merchant fees when small businesses need to accept credit cards to remain competitive.
Under the code, credit card companies would be required to be more transparent about the cost of transactions, which would allow merchants to offer price discounts if customers prefer to use cash or debit cards instead.
The big credit card companies, including Visa Inc and MasterCard Inc, charge vendors fees to use their credit card system, but merchants have long argued they cannot afford to shun the credit cards without losing customers, who like the convenience and reward programs that the cards offer.
The code also includes a provision banning competitive co-badged cards and disallows negative optioning, which will likely affect plans by the credit card companies to enter Canada's debit market in competition with the *INTERAC® Association, a non-profit grouping of banks, trusts, merchants and others.
*INTERAC® dominates the country's debit card market, offering a comparatively low-cost payment system that consumers and merchants have embraced to a greater extent in Canada than in the rest of the world. About 60 percent of card transactions here are debit.
The credit card companies would like to piggyback on *Interac's national network by offering co-badged cards, so that the debit cards are tied to a credit card company.
*INTERAC® applauded Flaherty's decision to allow complementary, rather than competitive, co-badged debit cards.
"It upholds what exists in Canadians' wallets today and, at the same time, enhances the competitive debit landscape in Canada by promoting fair and healthy competition," *INTERAC® President Mark O'Connell said in a statement.
"Without question, the code helps build (a level playing field) by re-establishing choice and transparency in the marketplace for merchants and consumers, which we support."
Merchants, represented by small business lobby groups like the Canadian Federation of Independent Business, fear the credit card companies would soon ramp up fees on use of debit cards as well if competitive co-badged cards were allowed.
"We are particularly pleased that government is being proactive in helping to lay the groundwork in advance of major expected campaigns on the part of Visa and MasterCard in the debit card industry," CFIB President Catherine Swift said in response to the new code.
"These developments will create a better future for merchants and help ensure a fair and transparent credit and debit card market, instead of just letting large industry players call all the shots," Swift said in a statement.
(Reporting by Ka Ya Ng and Andrea Hopkins; writing by Louise Egan and Andrea Hopkins; editing by Rob Wilson)
-
Canada Will Enforce Its Payments Code with Regs, If Necessary
April 19th, 2010
(April 19, 2010) After five months of discussion, the Canadian government is out with the final draft of its Code of Conduct for the payments industry. The merchant-friendly code is supposedly voluntary, but proposed legislation could force it upon payments companies that don't adopt it on their own by May 17.
"Payment card networks, credit and debit card issuers, and payment processors are now being invited to adopt this code," Finance Minister Jim Flaherty said in a release Friday. "We are confident that they will do so voluntarily. Our government has, however, taken steps in Budget 2010 to ensure that we have the legislative authority to regulate the industry if necessary."
Key components of the 10-point code require that merchants be provided with clear information about interchange and discount rates; be given a minimum 90 days' notice of any new fees and fee increases, and be able to cancel contracts without penalty should fees rise or new fees be introduced. Merchant statements are supposed to include detail about effective discount rates, interchange, and fees, and the number and volume of transactions for each type of payment transaction.
Merchants also will be able to accept a payment network's credit cards without having to accept its debit cards, and vice versa. Discounts are allowed for any payment method.
Regarding the controversial issue of debit cards, the code requires that payment card networks ensure that cobadged, or cobranded, debit cards are "equally branded." In other words, networks aren't supposed to give preferential treatment to one brand over the other when a debit card has more than one network logo. This provision seemingly would prevent banks that issue Visa and MasterCard-branded debit cards from downplaying the *INTERAC® Network debit brand, which currently has a near lock on Canada's debit market. Canadian merchants like *INTERAC® because of its low cost, and it's very popular with consumers. Merchants fear that banks, especially Visa issuers, are about to unveil new debit cards on the international networks that would cost them more and undercut *INTERAC®, which issued a release applauding the code.
"Payment card networks will not include rules that require that issuers give preferential branding to their brand over others," the code says. "To ensure equal branding, brand logos must be the same size, located on the same side of the card, and both brand logos must be either in color or black and white."
Other parts of the code address premium cards, another sore point with merchants. Retailers say the proliferation of rewards credit cards, which carry higher interchange rates than standard cards, is raising their card-acceptance costs. The code aims to prevent issuers from putting credit and debit functions on one card. Issuers also aren't supposed to give premium cards to consumers unless they apply for or consent to them. The code further says issuers must "target premium cards at a specific clientele who meet specific spending and income thresholds."
William F. Keenan, a Wilmington, Del.-based payments consultant familiar with the Canadian card market, says the code doesn't represent a major change in the payments landscape. "It's not going to be a re-composition of the industry," Keenan, chairman and chief executive of DeNovo Corp., tells Digital Transactions News. "You've injected more merchant input, but the merchant is controlled by the consumer." Issuers will be minimally harmed, if at all, he says. But if merchants make credit cards less attractive, they might lose some sales, he adds.
The idea for the code came from the Canadian Federation of Independent Business, according to the National Post newspaper. The CFIB issued a release Friday saying that the "small-business community applauds" the code.
Canada's banks mostly lay low, though one of the big banking companies, TD Bank Financial Group, said it was pleased with the final draft. "We support this code of conduct for the fast-changing Canadian payments market. TD has supported this concept from the beginning and we will abide by the code," Tim Hockey, president and chief executive, said in a news release. "We believe that this code will give merchants a greater voice in the payments market, while also balancing the interests of the other participants in this industry."
-
TELUS completed the sale of its Assure Pay debit and credit card operations
December 31st, 2009
As of December 31, 2009, TELUS completed the sale of its Assure Pay debit and credit card transaction authorization and settlement (point-of-sale) business to CT-Payment Inc. of Repentigny, Quebec. CT-Payment Inc. specializes in the processing of electronic payments.
CT-Payment Inc. plans to immediately integrate this offering into its portfolio which is comprised of a variety of e-Payment services that process millions of transactions annually for service companies, retailers and various government agencies. During the transition period, CT-Payment Inc. and TELUS will work closely together to maintain high quality service for all customers.