Credit Card Watchdog names MONEXgroup as the #1 Payment Processor in Canada

TORONTO - Jan. 2, 2014 - PRLog -- In November, 2013, Top Credit Card Processors unveiled their Canadian arm, topcreditcardprocessors.ca (http://www.topcreditcardprocessors.ca/).  The business, whose purpose is to evaluate and rank the performance and customer satisfaction of competing payment processing system providers, scheduled the release of their Canadian wing to coincide with the release of their ranking of the best payment processing system providers in Canada.

Top Credit Card Processors Canada ranked competing businesses in categories including revenue, approval rating, full-time employees, client retention rate, and active clients, among others.  The listing provides a thorough, exhaustive insight into the Canadian payment processing industry.

MONEXgroup is proud to announce that Top Credit Card Processors Canada has ranked MONEXgroup number one among all Canadian payment processing system providers.

“MONEXgroup was one of the strongest competitors on the payment processing space in Canada during our evaluations. We spent time learning more about payment processors and found MONEXgroup to be efficient and cost-effective. They achieved consistent performance across various benchmarks during our evaluations,” explained Jeevs Trika, President Top Credit Card Processors.

Of the top 10 credit card processing companies in Canada, only MONEXgroup scored an overall score of 100 per cent (including a perfect grade for competitive rates; reliability; efficiency; variance and customer support.  Furthermore, while many of the top ten companies do not list their major clients (or simply list: confidential), MONEXgroup’s satisfied customers – including Mercedes, African Lion Safari, Volkswagen and Hero Burger – are proudly displayed on the ranking page.

“I was delighted to learn that MONEXgroup was the only payment processing provider in Canada to receive a perfect score from both Top Credit Card Processors Canada AND our own customers,” says Parry Rosenberg, Vice President Sales and Marketing at MONEXgroup. “This is a great acknowledgment to the dedication that MONEXgroup employee display each and every day of the year.  Our people, and -- of course - our technologies, place MONEXgroup above all competitors.  We already knew that, but it’s always nice to receive validation of your hard work from outside sources.”

MONEXgroup is the number one payment processing provider in Canada offering the lowest rates in the industry. Our services include: debit card and credit card point-of-sale (pos) terminals, mobile, integrated and e-commerce online payment products. MONEXgroup serves over 20,000 merchant accounts across Canada in all market segments including: restaurants, business-to-business, professional services, leisure and hospitality.

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