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Online News Archive

News Editor: Robin Arnfield email Robin

This page will be updated bi-monthly. For current news, visit our home page

July-August 2010

By Robin Arnfield, News Editor

August 25, 2010--Canada is experiencing a very fast rollout of contactless debit and credit cards, as Interac, Visa and MasterCard scramble to be first to market, says Technology Strategies International (TSI). According to the Oakville, Ontario-based market research firm’s report 'Canadian Payments Forecast – 2010,' credit card-based contactless payments will experience a three-digit percentage growth and encroach on areas currently dominated by cash and debit cards over the next five years. Read the article


Canadians wary about mobile transaction security

By Robin Arnfield, News Editor

August 23, 2010--A survey of Canadian consumers by KPMG International has uncovered significant concerns about mobile transaction security and also about the privacy of using cloud computing services.

KPMG interviewed 300 Canadian consumers earlier this year as part of a global survey of consumers for its fourth annual Consumers & Convergence study. It found that 63 percent of Canadian consumers were "very concerned" about privacy issues when using a mobile device, compared to 59 percent for global respondents. When asked about mobile device security issues, 58 percent of Canadians said they were “very concerned,” compared to 67 percent for global respondents. Read the article.


IE forecasts 77 percent rise in Canadian m-payment transactions

By Robin Arnfield, News Editor

August 20, 2010--The total number of mobile payment transactions in Canada will rise from 31.7 million in 2009 to 581.86 million in 2014, predicts Vancouver, BC-based IE Market Research. This represents a compound annual growth rate (CAGR) of 76.7 percent.

During the same timeframe, the total number of Canadian mobile payment users will rise at an 18 percent CAGR from 1.75 million to 4.47 million, IE says. The gross US dollar value of mobile payment transactions will rise at a CAGR of 98 percent from US$571.4 million in 2009 to US$18.9 billion in 2014.Read the article


Prospects weaken for Canadian credit card market

By Robin Arnfield, News Editor

August 14, 2010--A rise in Canadian household debt, coupled with growing unemployment and credit card delinquencies are all warning signs for the Canadian credit card market, says Mercator Advisory Group. The U.S.-based consultancy makes this point in a new report, lead-authored by Patricia McGinnis, Director in its Banking Group, titled “The Canadian Credit Card Market: Tough Sledding.” Read the article


Restaurant ordering goes wireless with iPod

By Robin Arnfield, News Editor

August 6, 2010--Laval, Quebec-based Cluster Systems and Technologies is using iPods to bring wireless touchscreen ordering to restaurants. The innovation allows waiter-service restaurants to catch up with fast-food outlets where touchscreen order-taking and billing is well established.

Cluster is a small company set up by Michael Benaroch and Emanuel Vintila. Since November 2009, the company has been selling its own hardware and software for touchscreen POS systems. Read the article


TD launches Renovate card program

By Robin Arnfield, News Editor

August 3, 2010--TD Retail Card Services (TDRCS) has launched the Renovate private-label credit card program for Canadian and U.S. independent retailers of furniture, flooring, lighting, and other home furnishings and decor items. The Renovate cards can be used at any retailer who signs up for the program, Marc Sczesnak, TDRCS’s president, tells Payments Business. “The card carries the Renovate brand name, plus the customer’s name and also the issuing retailer’s name,” Sczesnak says. Read the article

Ontario, Toronto fight over contactless transit cards

By Robin Arnfield, News Editor

July 27, 2010 --The Province of Ontario and the Toronto Transit Commission (TTC) are quarrelling over which contactless fare system to adopt. At stake is hundreds of millions of dollars worth of provincial subsidies which the TTC has been promised by the Province. Hoping to create a single contactless ticket system that would be used across the province, Ontario has been subsidizing the development and roll out of the Presto proprietary contactless fare card system. Presto has been under development for five years with advice from Accenture. Read the article

Positive response to Canadian data breach law update

By Robin Arnfield, News Editor

July 27, 2010--Experts consulted by Payments Business are generally positive about a House of Commons Bill which proposes to update Canada’s Personal Information Protection and Electronic Documents Act (PIPEDA). PIPEDA, which provides a federal framework for data privacy in Canada, came into effect in 2004. Parliament is required to update the bill every five years. Read the article

VendTek expands international prepaid processing

July 22, 2010--Vancouver, British Columbia-based VendTek Systems is taking its e-Fresh virtual prepaid card processing platform to international markets. As well as developing and licensing e-Fresh, VendTek owns and operates the NPP (Now Prepay) processing network which connects to 15,000 POS locations in Canada and 800 locations in the U.S. Read the article


Canadian mobile payments: A reality check

The hype surrounding mobile payments in Canada has largely dissipated, according to a conference report by Rob Burbach, senior analyst at IDC Financial Insights. His report, Mobile Payments in Canada: Is the Hype Over?, covered the June 2010 ACT Canada Cardware Conference, which focused on emerging card and payment issues for Canada.

ACT Canada is a payment industry association whose members include card issuers and acquirers, card associations (Visa, MasterCard, Amex and Interac), card technology vendors, merchants, and mobile network operators. Read the article


PayPal reaches out to cash-weary Canadians

By Robin Arnfield, News Editor

July 19, 2010--PayPal Canada is stepping up its efforts to attract Canadians who are ready for alternatives to cash. Currently, 4 million active Canadian PayPal users are running up C$2 billion in annual transactions. “PayPal is satisfying a move against cash by Canadian Internet users,” says Darrell MacMullin, PayPal Canada’s general manager. To prove his point, he points to a recent online survey of 1,551 adult Canadians conducted by Leger Marketing on behalf of PayPal Canada. Read the article


End-of-year launch for Canadian Acquirers Association

By Robin Arnfield, News Editor

July 12, 2010--The Canadian Acquirers Association, representing non-bank members of the acquiring industry, is on track for an end-of-year launch, according to Adam Atlas, the driving force behind the Association. Atlas is a Montreal, Québec-based lawyer, who specializes in payment industry contracts and is licensed to practice in both New York State and Québec. His vision of a Canadian Acquirers Association is based on the thriving regional acquirers associations that operate in the U.S. Read the article


New growth prospects for Canadian payments

By Robin Arnfield, News Editor

July 9, 2010--The Internet, cellphones and prepaid cards offer Canadian financial institutions opportunities to grow the use of debit cards. However, they also present financial institutions with competition from nimble newcomers, says Patricia Hewitt, director of the debit advisory service at U.S.-based consultancy Mercator Advisory Group. Read the article


Canadian call centres outsource PCI compliance to Datatel

By Robin Arnfield, News Editor

July 5, 2010 --The tightening of PCI (Payments Card Industry) compliance rules for call centres has presented Toronto-based Datatel with a unique growth opportunity, says CEO Barnard Crespi. Until recently, payment processing was not a primary business for Datatel, which for the past 15 years has mainly been providing outsourced IVR (interactive voice response) services for call centres south of the border. Read the article

Everlink enables EMV certified Hypercom devices
Aug 26, 2010

SPC card membership climbs Aug 26, 2010

PayPal offers new donation payment system for non-profits Aug 25, 2010

Desjardins first to offer personalized credit cards
Aug 23, 2010

Intuit launches Canadian merchant payment service Aug 20, 2010

TIO sees surge in transaction revenues Aug 20, 2010

CIBC gets internet banking award Aug 18, 2010

CFIB welcomes official start of credit, debit code Aug 16, 2010

Jack Henry & Assoc. deploys Inetco Aug 14, 2010

AlertPay gains half-million sign ups in past 4 months Aug 4, 2010

Visa survey details online shopping habits, opportunities Aug 2, 2010

Home Trust selects Gemalto for EMV July 29, 2010

ATMIA security briefing deals with potential ATM "jackpotting" July 29, 2010

RDM partners with Burroughs Payments Systems July 28, 2010

Xsilva upgrades POS system for Macs July 28, 2010

Cash Store Financial to expand money transfer service July 27, 2010

Air Canada accepts proposal from new credit card processor July 27, 2010

Canadian Payments Association launches new website July 27, 2010

Home Trust selects Gemalto for EMV migration July 27, 2010

Pivotal launches all in one ecommerce solution July 22, 2010

G&D sets up its own foundation July 21, 2010

CPI Card Group picks up two awards at Cardware
July 20, 2010

FIME smooths Mastercard M-Tip migratin path July 20, 2010

Consumer indecision is credit card market opportunity
July 20, 2010

Atlantic Canadians shy away from online payments
July 19, 2010

HMV targets youth with Interac Online July 13, 2010

Citi appoints new Canadian head July 6, 2010

Birks signs on with Moneris for Interac payments online
July 5, 2010

Major Canadian processors support Amex chip cards
July 2, 2010



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