ICE and Peoples Trust Payment Solution for Canadian Market Fully Operational
Integrated Card Exchange (ICE), an affiliate of CardWorks, and Peoples Trust, a provider of financial services in Canada, have gone live with a comprehensive processing solution for the Canadian market, powered by Planet Payment, a multi-currency and data processor.
The turnkey solution provides Canadian merchants with a comprehensive suite of business-building tools designed to improve merchant efficiency and profitability. The solution includes full domestic processing support for Visa and MasterCard including chip and PIN, American Express, JCB, and Interac debit card transactions. Additionally, merchants now have access to Planet Payment’s ‘Pay in Your Currency’ and multi-currency pricing services, which are driving additional sales opportunities and improving profitability by enabling customers to view pricing and pay in their home currencies.
Merchants have a range of card acceptance solutions available to them to use in support of the service. For brick-and-mortar merchants, Peoples Trust and ICE have selected Hypercom’s Optimum T4200 series of terminals, which allows merchants in the retail and restaurant sectors to accept the full range of payment types, in addition to the ‘Pay in Your Currency’ service. E-Commerce and mail order/telephone order merchants have access to iPAY, Planet Payment’s robust suite of payment acceptance and business management tools.
“The ‘Pay in Your Currency’ feature is a first for Canada and is helping drive increased efficiency by looking at transactions in a new way and will assist merchants in servicing their customers while increasing profitability,” said Gerry Serratore, vice president of marketing at Peoples Trust.
ICE will offer the solution directly to Canadian merchants and independent sales organisations (ISO), as well as through US-based ISOs that are interested in processing solutions for merchants located in Canada.