Canada Lags Behind on Open-Loop Payments, but Interest Continues to Build, According to Major Acquirer
When it comes to open-loop payments, Canada has been lagging behind, acknowledges Pasquale Pizzi, senior vice president for Moneris, a major processor and acquirer in the country.
Canadian Transit Agencies Move to Enable Domestic Debit but Open Loop Expected to Continue to Take Back Seat
Montréal-area transit operator STL this month officially launched its open-loop payments service–one of the few in Canada and the largest project outside of Vancouver.