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Emerging Payment Tech Continues to Gain Steam Over Cash, Mastercard Says

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Half of Canadians used less cash this last year than in the past, suggests a new survey highlighting the Pandemic-accelerated shift in payments culture.

Three-quarters of Canadians have used at least one emerging payment method in the last year, which includes cryptocurrency, digital cards, and “Buy Now, Pay Later” services. According to Mastercard’s New Payments Index, this figure is project to rise to 88% next year. [Read more…] about Emerging Payment Tech Continues to Gain Steam Over Cash, Mastercard Says

Five Canadian Fintech Firms Still Hiring in Rough Seas

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The past several years have been good to the global startup economy.

Following the last major recession in North America, venture capital ramped up through the 2010s. While the pandemic caused an abrupt halt, the momentum was not dispersed; it lingered at the door until the floodgates opened once again, and as a result 2021 set many records for startup financing in Canada. [Read more…] about Five Canadian Fintech Firms Still Hiring in Rough Seas

Helcim Puts Money Back in Merchant’s Pockets by Dropping Its $20 Monthly Fee

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Calgary-based payments company Helcim is getting rid of its $20 monthly fee for its merchant services.

The decision to remove the monthly fee reflects Helcim’s commitment to providing a better payments service and helping more small businesses compete with the giants in their industries. [Read more…] about Helcim Puts Money Back in Merchant’s Pockets by Dropping Its $20 Monthly Fee