Quebec Merchant Account Services

Quebec is Canada’s second largest province by population behind Ontario with an estimated 7.6 million (as of 2006). That is 23% of the Canadian population which means there is ton of commerce that takes place with small businesses in Quebec. One of the major aspects of any small business is merchant account services.

Quebec city and Montreal business usually have fairly competitive rates since many of the payment processing providers are actively marketing in those cities but all the other 2nd tier/smaller cities in Quebec like: Longueuil, Laval, Gatineau, Saguenay, Sherbrooke, Trois-Rivierer, Levis, and Terrebonne may find that their small businesses have higher visa and mastercard payment processing rates.

This tends to happen anytime larger business to business companies like merchant account providers don’t see enough value in marketing to smaller Canadian cities. If you live in one of these smaller towns, (even if you reside in one of the larger cities like Quebec city and Montreal does not make you immune to having high rates) you may want to consider getting a merchant account rate review or analysis.

Typical competitive card present retail rates in Canada range from 1.59% to 2%, transaction fees from 10-15cents and Point of Sale Terminals from $25-$35/month with minimum or none additional monthly administration fees. If your rates sound higher then this as of 2008 you may want to click here for a payment processing quote.