Credit card processing in London, ON
London is a university and hospital city in southwestern Ontario, surrounded by farms and food processing, with Richmond Row as its nightlife strip.
London business, from Richmond Row to Downtown London
Richmond Row and downtown hold bars and restaurants serving students, and the Covent Garden Market has food vendors.
Agri-food and manufacturing firms sell business to business, and hospitals employ many workers.
Business districts: Richmond Row · Downtown London · Old East Village · Wortley Village · Masonville · Covent Garden Market
Commercial corridors: Richmond Street · Dundas Street · Wharncliffe Road · Wonderland Road · Oxford Street West · Hyde Park Road · Adelaide Street North · Commissioners Road East
London rules on surcharges and discounts
Under FCAC's national guidance, market vendors in London can pass on credit card costs up to 2.4% or cost, whichever is lower, once the processor has written notice and customers are told before paying; never on debit or prepaid.
Surcharging in Canada, province by province · general information, not legal advice
Which pricing suits Richmond Row bars?
Student bars need tabs and fast contactless. Market vendors need simple terminals. Agri-food suppliers should use pre-authorized debit.
POS for market vendors, agri-food suppliers and more
- Richmond Row bars
- Tabs and ID capture, set up around how Richmond Row bars in London sell.
- Market vendors
- Mobile terminals, set up around how market vendors in London sell.
- Agri-food suppliers
- Invoicing and pre-authorized debit, set up around how agri-food suppliers in London sell.
Send one statement. Every fee named, back, usually within 4 hours.
It is free, there is nothing to sign and nothing to cancel. We read your current merchant statement line by line, name every fee on it — including the ones buried in the fee schedule — work out your true effective rate, and send the written analysis back, usually within 4 hours. Do not want to wait? Call 1-888-705-7896 and we will read your statement with you on the call in about 5 minutes.
Questions from London businesses
Pre-authorize tabs and keep itemized receipts.
For market vendors: Mobile terminals with small-ticket pricing.
Under FCAC's national guidance, market vendors in London can pass on credit card costs up to 2.4% or cost, whichever is lower, once the processor has written notice and customers are told before paying; never on debit or prepaid.
Pre-authorized debit.