Canadian Merchant Accounts

Looking to accept Visa and MasterCard payments for your business? Overwhelmed by the number of search hits for Canadian Merchant Accounts? Us too, and that is why we decided to cut through all of the marketing and break down the facts right here in plain and clear English.
 
Like our competitors, Caledon offers Canadian Visa and MasterCard merchant accounts that include all of the following - and if you’re shopping around, don’t even consider a company that does not at least offer the below features.
 

Standard features of our Canadian Merchant Accounts:

  
  • Transparent pricing - ours is actually called 'Interchange Plus' (Why do I want this?)
  • Fast and easy application - typically a 48 hour turnaround
  • No hidden fees - fully compliant with the new Code of Conduct (What is this?)
  • CAD and USD processing for Canada-based businesses
  • No reserves or arbitrary hold back of funds
  • Optional American Express processing
  • No setup fees
  • Online reporting, daily emailed reporting, monthly paper statement
  • Full Level 1 PCI compliant applications and hosting environment (What does this mean?)
  • FREE popular shopping cart plug-ins (X-Cart, OSCommerce, 1Shopping Cart, SunShop, BigCommerce, etc)
  • FREE daily deposits (funds are pushed to your bank account every day)
  • FREE fraud tools (AVS  - address verification, CVV - 3 or 4 digit security code,  etc.)
  • 24/7 emergency customer service
 
 
So, why should you choose Caledon over all of the other options out there?
 
 
  1. Experience - Caledon has been in business since 1983 – to put this in perspective, we are more than twice as old as every other merchant account provider in Canada. Being in business through the ups and downs of 3 full decades means we must be doing something right.
  2. Technology – Working with Visa back in the 1990’s, Caledon processed Canada's first successful web originated credit card transaction. It is safe to say that we have certainly learned a thing or two about the evolution of payment technology since. 
  3.  Trust – We are passionate about solving payment needs while helping our customers understand the industry, avoid mistakes, increase security, optimize billing, and reduce unnecessary fees. This is surely why our merchant clients used us for processing over $4.2 Billion dollars of their payments in 2010 - now that is trust!
  4.  Empathy – We started as a small Canadian business ourselves. Although we have certainly grown significantly over the years we have never forgotten our entrepreneurial roots. Completely private, Caledon is still founding family held.
  5.  Industry Connections – Our advisory board is made up of nothing short of the best in the business - from a former VP at Visa Canada to the SVP, founder, and very first employee of Interac to a Harvard educated consultant specializing in business development and government access - staying on top of new regulations and getting in touch with key industry stakeholders is always just a quick phone call away.
 
 
Convinced and ready to inquire? Please contact us.
Page last updated on 08/17/2011