Ease of doing business comes with the efficacy of your merchant account. Cash flows are frictionless if the merchant account is active, integrated, and accommodating. However, if it’s different from what we mentioned, it may hurt your sales and reputation.
There are some prerequisites before opting for a merchant service provider. If you check out those prerequisites, you can find the merchant account suitable for your business.
Still, some merchants need more time to decide when choosing a service provider. For this, we have enlisted the best merchant accounts to make it easy for retailers and merchants.
Also Read: The 4 Best POS Machines For Your Business
List of Best Merchant Service Providers
Moneris
Moneris is one of the leading financial technology companies in Canada. That’s why Moneris leads payment processing and empowers merchants to process transactions via different channels. Whether credit card or debit card payment, Moneris paves the way for merchants to streamline transactions.
Moneris has been there since 2000 and has headquarters in Toronto. And offices in Sackville, New Brunswick and other cities in Canada. Moneris has been working to improve the merchants’ user experience. For this, moneris test cards are being tested before launching the real cards.
Converge
Converge is another notable merchant service provider, especially for Canadian and North American merchants. While converge has a user-friendly merchant portal that helps merchants get used to the devices. The converge pay login is effortless yet secure with two-factor authentication. Besides this, converge supports most payment methods, i.e. electronic payment methods, mobile-authorized payments and now contactless payments.
Precisely Converge merchant account is compatible with modern-day customer requirements. However, customer requirements keep shifting with the technological shift and Converge always tends to stick to the customer requirements.
Certainly, Converge is one the best merchant service providers across Canada, if not the best.
Global Payments
Generally, Global payments aim to provide merchant services to merchants worldwide. Global payments are simultaneously developing an effective, universal, integrated, and secure ecosystem.
The global payments merchant portal allows merchants to process unlimited payments daily without disturbance. Merchants using global payments portals have an easier business compared to others.
No matter how many customers are in line, each transaction would take only up to 10 seconds to process. Moreover, Global payments have an online terminal to accept payments online along with a 3d secure authentication.
Global payments broadly serve the right purpose for merchants and their businesses.
Square
Square is undoubtedly one of the leading merchant service providers across Canada. The square is compatible with most payment methods. Square payment processors accept both credit and debit card payments. However, the payment processor has an in-built debit card reader, scanner and camera to incorporate all payment methods.
The Square developer portal is fast and secure, with 24/7 customer support to address all the problems merchants face. Specifically, the square has a reach of big and small portals and is the favourite service provider of most merchants. Whether it be mpi partner portal or any other, they accept payment via square processors.
Stripe
Stripe is the most famous merchant service provider service globally. It has offered its services to merchants across Canada and worldwide. Stripe empowers merchants with the latest payment solutions, whether you want to process electronic, online, or contactless payments.
However, If you need a pos system restaurant or a pos system for your store, Stripe provides the right solution.
MBE POS
MBE POS has been there since 1996 to provide retailers with payment solutions. Whereas MBE POS provides payment solutions to merchants according to their business needs. However, MBE POS has been upgrading with time and technology. The payment processors of MBE POS support electronic payments, online payments, mobile payments or contactless payments.
In addition, MBE POS has effective and responsive customer support available 24/7. No matter how complex the problem is, customer support tries to give you the best possible solutions to your problems.
Whatever the problem you face, be it avs mismatch, integration issues, multi-channel payments or security risks, you can call MBE POS customer support anytime.
Ending Notes
It is the biggest need of any business to have a functional payment window which can accept payments and process transactions. However, it’s the biggest concern for a merchant because sales and profits depend entirely on payment processors’ efficacy.
In this regard, this blog helps our readers who are merchants to have the idea of companies that can provide accurate merchant services corresponding to their business needs.