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Moneris

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Black Friday dominated 2024 holiday spending, Moneris data shows; will it lead again in 2025?

Mario Toneguzzi -
Moneris data shows Black Friday was Canada’s busiest shopping day in 2024, driven by early deals and delivery concerns. See key 2025 holiday retail and fraud trends.
News

Three things retailers can do to improve customer experience: Moneris analysis

Retail Insider -
In today’s retail landscape, customer experience is what sets successful businesses apart, says Moneris.
News

Canadians are spending within their own backyard: Moneris Interprovincial spend data

Mario Toneguzzi -
Local businesses have reaped the benefits nationwide, said Moneris.
Quick Reads

NHL Playoffs Spark Canadian Spending Surge: Moneris Data

Craig Patterson -
Canadian NHL playoff games are driving huge boosts in local spending, especially near arenas, according to Moneris data.
Quick Reads

Fraud Cases Drop in Canada, but Risks Persist: Moneris Report

Craig Patterson -
Moneris reports a 15% drop in fraud cases in 2024, yet MOTO fraud, refund scams, and terminal theft remain key risks for Canadian businesses. Stay protected.
Quick Reads

Cardstream partners with Moneris

Mario Toneguzzi -
Moneris will leverage Cardstream’s Payment Facilitation-as-a-Service platform to enable its partners to extend their presence and integrated offerings in the Canadian market.
News

GST/HST Holiday Fails to Boost Spending: Moneris Report

Craig Patterson -
Moneris data shows a 4% drop in Canadian spending during the GST/HST holiday, with minimal growth in select retail categories.
Quick Reads

Moneris appoints Mia Huntington as Chief Sales & Marketing Officer

Mario Toneguzzi -
Prior to joining Moneris, she was the Executive Vice President, Point-of-Sale Lending at Elavon, focused on developing commercial models and delivering compelling customer offerings including buy now, pay later solutions.
News

Black Friday Led Holiday 2024 Spending in Canada: Moneris

Craig Patterson -
Black Friday tops Moneris’ list of busiest shopping days for Holiday 2024, with insights into Canadian consumer spending patterns and trends.
News

Taylor Swift Concerts Boost Vancouver Retail: Moneris

Craig Patterson -
Taylor Swift’s Vancouver Eras Tour finale boosted retail, restaurant, and hotel spending, driving significant economic gains.
News

Black Friday/Cyber Monday sales up from last year: Moneris report

Mario Toneguzzi -
A report from Moneris says strong sales were reported over the Black Friday/ Cyber Monday period.
News

Taylor Swift Concerts Boost Toronto Retail Spending by 45%

Craig Patterson -
Taylor Swift’s Toronto concerts drove a 45% spending surge downtown, benefiting retailers, restaurants, and hotels over a ten-day period.
Quick Reads

Canadian shoppers become more cautious in 2024: Moneris

Mario Toneguzzi -
Moneris says a shift towards budget-conscious shopping has retailers anticipating a holiday season that may determine if the trend will continue
News

Survey Data Shows Canadians will Prioritize Romance Over Budget Cuts This Valentine’s Day [Interviews]

Mario Toneguzzi -
David Litwin of Moneris notes that Valentine's is an interesting bellwether for what businesses might expect from consumers for the rest of the year.
News

Canadian Consumers Adjust to Higher Cost of Living [Survey/Video Interview]

Mario Toneguzzi -
An Angus Reid survey asked Canadians how they're navigating elevated inflation, a higher cost of living and a potential recession.
News

Spending Boost to Come as Restrictions Lift in Canada Says Study by Moneris

Mario Toneguzzi -
Data from the financial tech company predicts a boost this year following ups and downs the year prior.
News

Visa Expanding its ‘Buy Now, Pay Later’ Options Through Unique Collaboration with Moneris

Sean Tarry -
Introduction of Visa Installments helping participating Moneris merchants to enhance payment options at checkout.
News

Black Friday 2021 to Overtake Friday Before Christmas for Retail Sales in Canada: Study

Mario Toneguzzi -
Consumer shifts are seeing earlier spending patterns than years past for various reasons.
News

How Contactless Transaction Volumes Have Grown Significantly in Canada Over the Course of the Pandemic

Mario Toneguzzi -
The pandemic has necessitated changes in technology as well as other trends amid a shift in consumer behaviours.
News

Holiday Spending in Canada Expected to be Down 30%: Study

Mario Toneguzzi -
The numbers are concerning to retailers hoping for an injection following spring pandemic closures.
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