Canadian business data gives a clear picture of how merchants accept payments, what tools they need, and where payment processors can offer real value. With nearly five million active businesses in the country, the payment landscape is large, diverse, and increasingly digital. This overview highlights the most important statistics by region and industry, and explains […]
For many merchants, sales don’t flow at a steady pace year-round. Instead, they surge during certain months, holidays, or promotional periods, whether it’s Black Friday, back-to-school season, or summer travel spikes. While these spikes can significantly boost revenue, they also bring operational and financial pressures: increased processing volumes, higher customer support demand, and potential strain […]
Interchange fees make up a large share of the cost merchants pay to accept credit and debit cards. These fees are set by card networks and are influenced by regulation, competition, and market structure. Over time, governments and regulators have stepped in to lower or cap interchange fees, while networks have introduced new categories and […]
Every credit card transaction tells a story. A customer decides to buy, they tap or type in their card details, and the merchant waits for approval. Most of the time, the payment goes through, but not always. When it doesn’t, the sale is lost, sometimes permanently. That’s why the credit card acceptance rate is one […]
Consumers expect to pay instantly, securely, and however they prefer, whether it’s a tap, a phone, or even a crypto wallet. Across North America, physical cards still dominate, but digital wallets are closing the gap fast. This article explores the payment methods that most businesses accept in 2025, what’s driving those trends, and how merchants […]
In 2025, the average transaction size, sometimes called average order value (AOV) or average ticket, or average transaction size (ATS), varies a lot by sector. Online retail orders tend to land in the low-to-mid hundreds of dollars; everyday retail and grocery orders are much smaller but far more frequent, travel and B2B transactions are much […]
Every time a consumer taps their phone, swipes a card, or clicks “buy now,” they trigger one of the world’s most complex financial systems. Payments aren’t just a back-office function; they’re the invisible infrastructure of global commerce, quietly moving over $2 trillion per day across networks. The payments industry generates more revenue than the airline […]
The payment processing industry is the engine of global commerce. In 2025, the sector is projected to generate between $60 billion and $140 billion in vendor revenue, depending on how narrowly or broadly the market is defined. This represents the money earned by payment processors and processing-solution providers, not the trillions of dollars in underlying […]
Credit cards are one of the most widely used payment methods in North America. For consumers, they provide convenience, security, and rewards. For merchants, they are a way to capture sales, appeal to customers, and keep up with evolving payment habits. How many businesses actually accept credit cards in 2025? The answer depends on how […]
Credit card fraud is not just the work of isolated criminals. Today, much of it is driven by organized fraud rings, sophisticated groups that treat financial crime like a business. These networks operate across borders, use advanced technology, and cause billions of dollars in losses each year. The Scale of the Problem of Payment Crime […]
