Payment Processing Blog

Penni: one less thing to worry about when setting up an ecommerce company in Canada

a small business owner happy while viewing her ecommerce orders

Setting up an ecommerce company in Canada?

We're here to help.

We're not just a team of payment processing gurus, we're also Canadians. So, if you’re looking to set up an ecommerce company in Canada, we know how to help you achieve your payment processing needs.

What is online Payment Processing?

Online payment processing is the way your customers pay for products and services online. Payment processing includes all the steps involved in transferring money from a customer's credit card to your bank account. The process can be confusing, but we're here to help!

Why Do I Need it?

When you set up an ecommerce company in Canada, you might think that you can just accept credit card payments on your website without any kind of payment processing service, but that's not true! If you don't have a payment processor set up, you will not be able to accept credit card payments through your website. You'll also find that it's harder to manage your inventory, track sales, and invoice customers without a good system in place.

What are My Options?

When you’re setting up an ecommerce company in Canada, you’ll notice that there are many different types of payment processors and they all offer different features based on the type of plan you sign up for.

However, they all work in roughly the same way: you set up an account with them, then provide them with information about yourself and your business (like bank account numbers), and they take care of everything else. They collect money from customers' credit cards or other accounts and send it to your bank account.

Tips from Penni

When setting up an ecommerce company in Canada, there are a few key things to keep in mind.

First, you need to make sure that the payment processor is compliant with Canadian regulations. This will ensure that your company is adhering to the rules set forth by the Canadian government. Since Penni is established in Canada, we are familiar with these regulations and will take care of it for your ecommerce business in Canada.

Secondly, you need to ensure that your processor has the right level of security for your business. You don't want any hackers getting access to your confidential data or financial information!

Make Sure you Get the Best Service for Your Money

So, how will Penni Payments help your ecommerce business in Canada thrive?

The short answer: lower transaction fees, many different payment terminals to choose from, and seamless integration of the payment processing system in your business.    

The long answer: We know how much money goes into setting up an ecommerce company in Canada and payment processing shouldn’t be another sinkhole for your funds. That’s why we guarantee the lowest transaction fees. Moreover, we offer many different contactless payment terminals so you can pick the right one for your business.  

Leave the Payment Processing Details to Us!

It's no secret that setting up an ecommerce company in Canada can be a pain. But there's one thing you can count on: Penni will make payment processing affordable and easy. We take the hassle out of payment processing and give you back time and energy so you can focus on what matters most: growing your company! So whether you're starting a new ecommerce company in Canada or looking to expand your existing business, contact us and we will help get you set up with the right payment processing system.