Moneris Solutions

Moneris Solutions
Solutions Moneris
Joint venture
Industry Bank
Founded Toronto, Ontario, Canada, 2000
Headquarters Toronto
Schaumburg, Illinois
Key people
 Angela Brown - President & CEO [1]
Products Credit/Debit Card Acquiring Services
Parent RBC Royal Bank
BMO Bank of Montreal
Website http://www.moneris.com/

Moneris Solutions is Canada’s largest processor and acquirer of debit and credit card payments. Moneris was established in December 2000 as a joint investment between RBC Royal Bank and BMO Bank of Montreal.[2] The company is headquartered in Toronto, Ontario and has a contact centre in Sackville, New Brunswick.[3] Moneris’ U.S. operations (formerly known as Harris Bank Merchant Services/The Charge-It-System) are based in Schaumburg, Illinois.

Moneris processes more than 3 billion transactions a year for over 350,000 merchant locations, and employs more than 1,900 people across North America.[4]

Timeline

2000 – Moneris established. Becomes first Canadian acquirer to offer both VISA and MasterCard merchant accounts in one single point of contact

2003 – Acquired Ernex Marketing Technologies, a gift and loyalty card processor primarily based in Burnaby, British Columbia[5]

2005 – Processed Canada’s first VISA-certified EMV transaction[6]

2005 – Processed Canada’s first Interac Online transaction[7]

2007 – Became one of the first acquirers in Canada to be certified by Interac Association, MasterCard and VISA to deliver EMV technology[8]

2008 – Acquired Keycorp Canada, one of the largest providers of POS support services[9]

References

  1. ↑ http://www.moneris.com/en/About-Moneris/NewsAndEvents/2013/Month/May%2028.aspx
  2. ↑ "Moneris Solutions - Corporate History". Archived from the original on 2008-04-04. Retrieved 2008-08-28.
  3. ↑ "Minister Of Finance, Mayor Of Sackville And Moneris Solutions CEO Open New Sackville Contact Centre". Retrieved 2008-08-28.
  4. ↑ "Moneris Solutions - About Us". Retrieved 2009-02-16.
  5. ↑ "Moneris Solutions to Acquire Loyalty Program Specialist Ernex Marketing Technologies". Business Wire. 2003-10-29. Retrieved 2008-08-28.
  6. ↑ "Moneris Solutions demonstrates Canada's first Visa certified chip transaction". Retrieved 2008-08-28.
  7. ↑ "Payment provider Moneris Solutions processes Canada's first Interac Online transaction". Retrieved 2008-08-28.
  8. ↑ "Moneris Solutions delivers convenient and secure payment processing to Canadians through fully certified chip technology". Retrieved 2008-08-28.
  9. ↑ "Moneris Solutions Announces Strategic Acquisition of Keycorp Canada Inc.". Retrieved 2008-08-28.
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