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For the payment of fares, the TTC uses Presto fare media, which are tapped on Presto readers to charge fares and validate transfers. Fare media includes Presto cards (multiple-use, stored-value, electronic fare cards), Presto tickets (single-use, electronic paper tickets) [3] and open payment (credit and debit cards). [4]
The Presto card (stylized as PRESTO) is a contactless smart card automated fare collection system used on participating public transit systems in the province of Ontario, Canada, specifically in Greater Toronto, Hamilton, and Ottawa.
Interac Online was an Online Banking ePayments service very similar to iDEAL in the Netherlands, Giropay [14] in Germany, and Secure Vault Payments [15] in the United States. The Ontario Lottery and Gaming Corporation has dropped all support for Interac Online, effective 6 January 2023.
It automatically handles withholding, payments, and tax filings. [37] As of 2015, Square Payroll charges sellers a monthly fee of $20 plus $5 for each employee paid. [61] Square offers virtual and physical gift cards. A QR code is scanned to use the funds. [24] [31] Square Market, launched in 2013, enables businesses to accept online payments. [62]
In January 2007, Versapay partnered with the Canadian affiliate of Chase Paymentech, a United States-based payment processing company.This strategic partnership allowed Versapay to begin processing commonly used electronic payment methods such as Visa, MasterCard, American Express, Discover, JCB, Interac Direct Debit and Interac Online.
Moneris (formerly "Moneris Solutions") is a Canadian financial technology company that specializes in payment processing. [2] [3]Moneris was established in December 2000, as a joint venture between the Royal Bank of Canada and Bank of Montreal. [4]
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Wave is a Canadian company that provides financial services and software for small businesses. Wave is headquartered in the East Bayfront neighborhood in Toronto, Canada.. The company's first product was free online accounting software designed for businesses with 1–9 employees, followed by invoicing, personal finance and receipt-scanning software (OCR). [1]