Merchant Accounts

Caledon offers competitive rates for both CDN and US dollar processing, available for both Visa and Mastercard, for Canadian domiciled businesses. Your Caledon solution will also process American Express and Discover cards, however, merchant accounts for these credit card types are obtained directly from the respective organizations. We have referral relationships with all the card associations and will definitely help facilitate the application process.

As we are also a gateway processor, you benefit by consolidating your entire payment processing requirements to one service provider. There is no longer a need to maintain relationships with both a bank for your merchant accounts and a gateway for your processing. Caledon does it all with a level of service far above expectations, period.

The application process is fast; our objective is to achieve 48 hour turn-around for online merchant account approvals. Our pricing is simple and straight-forward. After a brief initial conversation, we will provide you with a competitive Merchant Discount Rate (MDR), minimal transaction fee, and a nominal monthly fee. Unlike many of our competitors, Caledon does not require any hold back or reserve of funds. In addition to these benefits, we include many features at no extra cost that traditionally come at a premium with other processors.

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Updated as of March 29, 2010