Moneris Solutions is Canada’s largest processor and acquirer of debit and credit card payments. Moneris was established in December 2000 as a joint investment between RBC Royal Bank and BMO Bank of Montreal. Moneris 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) are based in Schaumburg, Illinois.
Moneris processes more than 2.5 billion transactions a year for over 350,000 merchant locations and employs more than 1,100 people across North America .
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