Moneris Solutions
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| Joint venture | |
| Industry | Banking |
| Founded | 2000 |
| Headquarters | Toronto, Ontario, Canada |
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Key people
|
Angela Brown - President & CEO |
| Services | Payment processor |
| Parent |
RBC Royal Bank BMO Bank of Montreal |
| Website | moneris |
Moneris is Canada’s largest payment processor and acquirer of debit and credit card payments. Moneris was established in December 2000 as a joint venture between the Royal Bank of Canada and Bank of Montreal. The company is headquartered in Toronto, Ontario and has a contact centre in Sackville, New Brunswick. Moneris’ U.S. operations (formerly known as Harris Bank Merchant Services/The Charge-It-System) were based in Schaumburg, Illinois, until being sold in November 2016 to Vantiv.
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.
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
2005 – Processed Canada’s first Visa-certified EMV transaction
2005 – Processed Canada’s first Interac Online transaction
2007 – Became one of the first acquirers in Canada to be certified by Interac Association, MasterCard and VISA to deliver EMV technology
2008 – Acquired Keycorp Canada, one of the largest providers of POS support services
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Wikipedia