Moneris · Payment processors
Moneris review
Moneris is one of Canada’s best-known processors, offering flat-rate plans for smaller merchants and custom interchange-plus pricing for larger ones, along with terminals, point of sale and online payments. Most pricing is quoted rather than published, and terminals carry monthly rental fees, so compare the full monthly cost against providers with published rates.
Who Moneris is best for
Established businesses with steady card volume and merchants wanting in-person support and terminals.
Small businesses wanting no monthly fees and merchants wanting fully published pricing.
Moneris is one of Canada’s best-known processors, offering flat-rate plans for smaller merchants and custom interchange-plus pricing for larger ones, along with terminals, point of sale and online payments. Most pricing is quoted rather than published, and terminals carry monthly rental fees, so compare the full monthly cost against providers with published rates.
Fees, features and eligibility
| Card rate | Flat-rate plans or custom interchange-plus pricing, quoted by business size and volume |
|---|---|
| Monthly fee | Terminal rental from C$29.95 a month (Moneris Go) |
| Type | Payment processor (bank-owned) |
| Coverage | CAD |
| Best fit | Canadian businesses |
Source: Moneris published product information.
What stands out
Pros
- Interchange-plus pricing for larger businesses
- Terminals, point of sale and online payments
- Long-established Canadian processor
Cons
- Most pricing is quote-based
- Monthly terminal rental and software fees
Moneris: common questions
How does Moneris price card payments?
Smaller businesses can choose flat-rate plans, and larger businesses get custom interchange-plus pricing quoted on their volume.
How much is a Moneris terminal?
The Moneris Go terminal rents for C$29.95 a month, with point-of-sale software priced separately.
Is Moneris pricing published?
Only partly; most rates are quoted by a sales representative based on your business and volume.
Used Moneris? Help other businesses choose.
