Bricks-and-Clicks: The Newest Way Canadian Businesses Are Increasing Sales
Showrooming, the practice of trying out merchandise in stores and then buying it online, is pushing bricks-and-mortar retailers to invest in their online capabilities...
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Debit Card Fraud Decreasing According to Interac Report
A report issued by the Interac Association (Interac) this week has found that debit card fraud losses resulting from skimming are at the lowest recorded levels since 2003...
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Survey Says: Young Canadians Vulnerable to Payment Card Fraud
A survey released this week by Visa Canada reveals that almost half of respondents between the ages of 18 and 34 overshare their financial information.
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Online Subscriptions Help Companies Connect with New Customers
Today's consumer is savvy, cost-conscious, and willing to utilize technology to save time.
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Canada Says Good-Bye to the Penny
In a move by the federal government, the one cent coin will no longer be distributed and merchants across the country are being instructed to round purchase amounts to the nearest five cents.
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Visa Outage Impacts Consumers Across Canada
Visa Canada made headlines recently when transactions across the country were declined as shoppers attempted to use their cards.
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Canadian Consumer Spending Up
Canadian retail sales are up, according to a recent report from Statistics Canada. Sales for November hit a staggering $39.4 billion, surpassing projections which estimated that figures would remain flat for that month.
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HMV Fails to Adapt in a Digital World
HMV, the British-based CD and DVD retailer, made headlines when it was announced that the company was filing for bankruptcy...
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More Shoppers Using Online Coupons
For decades, consumers have used coupons as a way to make their money go further.
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More Canadians Looking to Pay Down Debt in 2013
For many Canadians, paying down debt and saving money are high on their list of things to accomplish in 2013, according to a recent study by CIBC.
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Canadians Shop for Post Holiday Deals Online
Every year, thousands of Canadians head to the malls on December 26th in search of Boxing Day savings.
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Canadians Giving More Gift Cards this Holiday
Since their introduction to the market in 1994, gift cards have grown in popularity with gift givers and receivers alike.
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Canadians Giving More to Charity
In spite of a slowing economy and growing household debt, Canadians are showing their charitable side.
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Prepaid Debit Cards Help Victims of Hurricane Sandy
In late October 2012, Hurricane Sandy devastated parts of the eastern coast of the United States.
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Canadian Retailers Lure Shoppers with Black Friday Specials
Black Friday is widely regarded as the beginning of the Christmas shopping season in the US and every year Canadian shoppers cross the boarder in search of savings.
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Automated Retail Kiosks Gaining Ground in the Canadian Market
A growing number of retailers across Canada are embracing automated kiosks as a new way to reach customers.
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eCommerce Helps Canadian Retailers Remain Competitive
eCommerce has radically changed the way retailers engage consumers by providing them with an innovative and cost-effective way to deliver a customized shopping experience.
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Federal Government Moves to Tighten Rules on Prepaid Credit Cards
Finance Minister Jim Flaherty made headlines this week when he unveiled new rules and regulations for the prepaid credit card industry.
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Tim Horton's to Roll out Interac Flash Payments
Coffee chain, Tim Horton's recently announced that it will be rolling out Interac Flash to 2300 locations across Canada by the end of October.
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More Newspapers Using Payment Processing
The Globe and Mail announced this week that it was rolling out a metered pay system for its online content.
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MONEXgroup helped the Leukemia and Lymphoma Society of Canada Light up the Night
On October 3, 2012, MONEXgroup employees joined thousands of people in Toronto's David Pecaut Square to walk in support of the Leukemia and Lymphoma Society of Canada's Light the Night event.
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American Express and Wal-Mart to offer prepaid debit cards
American Express and Wal-Mart have announced they are entering the prepaid debit card market with a new card they're calling Bluebird.
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TTC targeted in debit card fraud
Toronto police made headlines recently when they arrested five men who are suspected of defrauding the Toronto Transit Commission (TTC) of more than $180,000...
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Code of Conduct for the Debit and Credit Industry to be expanded to include mobile devices
In response to the growing number of Canadians who use smartphones or mobile devices to complete purchases, the federal government has announced...
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MONEXgroup opens Centre of Excellence
MONEXgroup is proud to announce the launch of their customer service Centre of Excellence. Based out of their head office, MONEXgroup's Centre of Excellence is an innovative alternative to traditional methods of customer service.
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Online Solutions Help Retailers Remain Competitive
The Canadian retail landscape is undergoing a sea change. As US heavyweights like Target and Marshalls solidify their presence in urban markets like Toronto and Vancouver...
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Debit Cards Provide Dignity for Welfare Recipients
The City of Toronto recently announced that it was launching a pilot program to replace traditional welfare cheques with Chip and PIN enabled, preloaded debit cards.
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McDonalds is Going Mobile
McDonalds, the world's leading foodservice retailer, is the latest entrant into the mobile payments space.
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A Moveable Feast: The New Generation of Food Trucks
Once home to carnival staples such as hotdogs and fries, food trucks have been reinvented as purveyors of gourmet fare that have foodies lining up and tracking the whereabouts of their favourite trucks on Twitter.
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MONEXgroup is Helping to Light up the Night!
MONEXgroup is proud to announce that it will be participating in the Leukemia & Lymphoma Society of Canada’s annual Light the Night event to help raise funds for the treatment of blood cancer...
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Debit Cards: The Next Evolution
Since their introduction into the marketplace in 1990, debit cards have become a preferred method of payment for consumers around the world. Easy to use and highly convenient, debit cards facilitate real-time money management...
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Stand out from the Crowd with Crowdfunding
A Toronto man made headlines recently when he mounted a campaign to raise money to send a bullied school bus monitor from New York State on a dream vacation. He set out to collect $5000...
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Smartphones: A Smart Way to Accept Credit Cards
An increasing number of consumers now rely on credit cards when making purchases: interest rates are low, they’re convenient, and many card companies offer lucrative loyalty programs...
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Pop-Up Retail is Popping Up Everywhere
In today's tepid economy, retailers are competing for consumers and their dollars harder than ever before. Overhead costs such as rent, salaries, and maintaining stockpiles of merchandise...
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Canada is Ready to Cash in on Digital Money
Canadians’ pockets might be getting lighter - literally. Shortly after the Federal government announced it would cease production of the penny...
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Shopping Just Got Smarter
The growing trend in online shopping has provided consumers with more choice and businesses are rushing to connect with shoppers in any way they can. The newest way is through smartphones.
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United States payment card industry vulnerable to Canadian fraudsters
With Canadian card-based payment processing becoming increasingly secure, fraudsters are turning their sights to more fertile ground: the US.
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MONEXgroup in support of Daffodil Days
MONEXgroup raised $1,585 during Daffodil Days in support of the Canadian Cancer
Society. View the team picture at www.facebook.com/monexgroup and don’t forget to click "Like"!
MONEXgroup Provides Enhanced Service Through Live Chat
The growing trend in online shopping has provided consumers with more choice and businesses are rushing to connect with shoppers in any way they can. The newest way is through smartphones.
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Thinking outside of the big box
As the Canadian economy continues to sputter, retailers across Canada are starting to rethink their big box strategies.
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