Payment Processing Companies

Contactless payments are safer with Clearly Payments

Payment processing companies provide the full service to allow merchants to accept credit cards or debit cards. Some of the more advanced payment processing companies allow processing with multiple currencies, cryptocurrencies, PayPal, and other progressive payment methods. Payment processing companies in the value chain There are many names that payment processors are sometimes called generically […]

Do I always need a merchant account for merchant services?

Do I need a merchant account for merchant services? Yes.

People generally think that credit card processing is new but the concept was used 200 years ago in the early 1800s. Modern plastic credit cards were not used, but financial institutions provided merchant services to extend credit to merchants. That was the start of merchant accounts. Merchant were able to provide credit to their most […]

Payment Processing in Canada

Payment processing in Canada with Clearly Payments

Payment processing is very geographical. Each country has its own regulations with their own banking system. In Canada, any payment processor that offers a merchant account needs to be approved by the card brands they offer in that country, such as Visa, MasterCard, and AMEX. In addition, each payment processor needs to have a sponsoring […]

Gross vs Net Funding in Payment Processing. You Choose.

EMV credit card with a chip for chip-and-pin transactions

When you accept payments, funds get automatically deposited into your bank. This generally happens within 3 business days. By the way, Clearly Payments deposits your funds in less than one day. The funds being deposited into your account is also called settlement. One of the options that our merchants get to choose is whether they […]

Top Payment Processors in Canada in 2021

Top payment processors of 2021

There is no “one size fits all” in payment processing. If you’re looking for the top payment processor, figure out what is important to you. The main things you’ll want to consider are the ways you accept payments such as online, physical storefront or office, or mobile. The second thing you’ll want to consider is […]

The types of payments your business can accept

Types of payments your business should accept

The types of payments that people use has continually been evolving. The first form of money came about around 5000 B.C., but modern payments have evolved significantly over the past 20 years. The increase in credit card adoption is one of the biggest trends in the past couple of decades. People have been trending to […]

Small Business Payment Processing

Small Business Payment Processing with Clearly Payments

Small businesses make up 85% of all businesses in Canada. They are the foundation of our economy. It’s so important that small businesses get reliable facts for payment processing so they can focus on their customers. This is a guide to give some quick tips for small business payment processing. What is a small business […]

The best POS system for your business and how to choose it

POS system with mobile device by Clearly Payments

This article is about helping you get the best POS system for your business. A POS system (point-of-sale) is the software and hardware allowing a merchant to enter in product or services, calculate the itemized payment amount and taxes, accept the payment, and produce a receipt for the customer. Other functions of a good POS, […]

WordPress payment plugin

Best WordPress Plugin for Payments

WordPress is the most popular platform to manage content on websites. If you’ve chosen WordPress, you’re in good hands. Hundreds of millions of other websites run on WordPress, including websites with WordPress payments. WordPress payments and online payments are growing fast Online payments has been growing dramatically since the 1990s. With the COVID pandemic in […]

The best payment gateway for online payments

The best payment gateway for online payments and credit card processing

We’ve been working on our “best of” series for payment processing, such as the best credit card machines and best payment processors. In this article, we’ll focus on the best payment gateway for online payments.  Online payments have been growing incredibly over the past 10 years. Website and mobile technology is user friendly, shipping logistics […]