The way people pay has been changing fast since the advent of the internet. In 2025, customers expect faster, safer, and more flexible payment options—both online and in person. The different payment methods you accept can impact your sales, reduce costs, and improve the customer experience. This article breaks down
Quite often, you need a payment processor. If you are accepting credit card or debit cards you will need a payment processor. If you also
It is unfortunate but sometimes there are issues in payments and credit card processing. They range from small annoyances to mission critical problems. Here’s some
Accepting credit cards cost money for a business. That is likely the the main reason a business might not want to accept credit cards. It
Interchange plus pricing, sometimes called cost plus, is one of the common ways that payment processors price their services for merchants. There are two other
There is a long history of retailers or financial institutions providing credit for customers. In the 1800s and early 1900s, imagine going into your local
The payment processing industry is a sector of the financial industry that handles electronic payment transactions. It includes companies that provide payment processing services, such
It’s been a decade long trend. People are using cash less in favour of credit card and debit card payments. It’s a trend that will
Chargebacks can have negative implications for merchants. They result in financial losses as the revenue from the sale is lost along with associated fees. Dealing
A return policy is a must. Whether you allow returns or you don’t, a policy should be clear. There are statistics out there that around
When you’re in payments, you’re in an industry with thousands of competitors in a complex value chain. In fact, most of the industry involves just
Future delivery is an important situation for some merchants in payment processing. It’s good to know how to deal with it and your payment processing
Payment aggregators (aka third-party processors) are service providers that allow other businesses to accept credit cards without having to set up a merchant account. They
Billing cycles are one of the most important components that payment processors use to determine the risk level of a business. They determine the risk
It has happened to many businesses before and it’s not a good experience. You are halfway through a busy day and a colleague tells you
The quick answer is yes, you need a merchant account if you are going to accept credit card payments from your customers. A merchant account
If you know why consumers do chargebacks, you can work on preventing them. Chargebacks are one of those things that you should pay attention to
You want to get an understanding of how people are paying for things. Here’s a set of stats to give you the lay of the
Contactless payment is when a consumer taps their card on the payment terminal (point-of-sale, POS) to authorize a transaction. There’s no PIN, no signature. It’s
As a merchant, you need to know there is a difference between the merchant fees of credit cards vs debit cards. In the end, credit
It costs money for a business to accept credit cards. It would be nice if it was free, but it isn’t. The cost is generally
The credit card processing industry has some of the most complex pricing of any industry. To make it more difficult, the industry is so competitive
Copyright 2025 Clearly Payments Inc. | Privacy Policy
Clearly Payments is a payment processor in Canada. The Clearly Payments name and logo are trademarks of Clearly Payments Inc payment processing in Vancouver, Canada. The Interac name and logo are trademarks of Interac Inc Canada. The Visa, MasterCard, and AMEX logos are trademarks of Visa International, MasterCard International Incorporated, and American Express Company. Clearly Payments is a Registered Partner/ISO of the Canadian Branch of U.S. Bank National Association.