Category: News

National Bank Targeting Wealthy Canadians with Credit Card Offering

Posted September 4, 2014 by CCC Staff in
National Bank World Mastercard Lounge

The National Bank World MasterCard Lounge at the Montréal–Pierre Elliott Trudeau International Airport

While big banks like CIBC, RBC and TD Bank are going after new Canadians, National Bank is looking to grow its credit card business by targeting Canada’s richest. While the average Canadian household has much of its net worth tied up in real estate, wealthy Canadians typically have substantial investible assets.

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The Challenges Small Business Owners Face with Credit Cards

Posted August 12, 2014 by CCC Staff in ,

Shopping with Credit Card

Credit cards offer consumers many benefits. They’re convenient, you can use them to earn rewards points, and to help build your credit history. Canadians can’t seem to get enough of their credit cards – we rank among the highest in the world in cashless transactions.

While credit cards are handy for consumers, have you ever stopped to think about the effect they have on retailers? Dan Kelly, president of the Canadian Federation of Independent Business (CFIB), recently wrote an interesting article for the Financial Post about the difficulties small businesses face when it comes to paying by plastic.

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Square Unveils Plans for a New Chip-and-PIN Credit Card Reader

Posted August 7, 2014 by CCC Staff in ,

Square Card Reader Transaction

The mobile payment market is heating up. Square, the company behind the wildly successful app that transforms smartphones into virtual point of sale devices, announced plans for a new credit card reader able to accept Chip-and-PIN credit cards.

Set for release in 2015, with the widespread adoption of Chip-and-PIN credit card technology, Square’s card reader could be a real game changer. Let’s take a look at how the new card reader will benefit Square and consumers alike.

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