Moneris Checkout
Moneris is Canada's largest payment processor that provides online payment solutions for business owners. In Ecwid, you can easily connect Moneris Checkout that supports Google Pay.
Your store must be located in Canada so you can add Moneris as a payment method.
Connecting Moneris Checkout
Moneris Checkout supports Multi-Currency Pricing (MCP) with the ability to price in over 120 currencies, including Canadian dollars.
Before connecting your Ecwid store with Moneris Checkout, you have to create a Moneris account. Once your account is activated, proceed with adding Moneris to your online store.
To add Moneris Checkout as your payment method to your Ecwid store:
- From your Ecwid admin, go to Payment.
- Scroll down to More options to accept online payments in Canada. In the Choose Payment Method select Moneris Checkout.
- In the popup window, click Install App:
- In the Store ID field, enter your Moneris store ID. You will receive it once your Moneris account is approved.
- In the API token field, enter a token from Moneris. A token is assigned to you upon account activation. You can retrieve it from Admin → Store Settings in the Moneris Merchant Resource Center.
- In the Checkout ID field, enter your Checkout ID. Checkout ID is given to you when you configure your page in the Moneris Merchant Resource Center. You can retrieve it from Admin → Moneris Checkout Config in the Moneris Merchant Resource Center.
- Untick the Enable test mode in the Advanced settings to start using Moneris right away. Otherwise, your Moneris Checkout will be in test mode. If you want to try how Moneris works before starting to receive payments, tick the box.
- You can choose a name for the Moneris Checkout payment method that will be displayed at the checkout. By default, it’s Moneris Checkout. You can change it in the Payment method name at checkout field. It’s better to let your customers know about how they can pay for the order. For instance, Pay with credit or debit card.
- Turn on the Enable this payment method at checkout toggle.
- (optional) Add detailed instructions about the payment process for customers at the Set payment instructions at checkout field. You can leave this field empty since paying with Moneris is common for anyone who has ever paid with their credit card online.
- Click Save.
Accepting payments with Moneris Checkout
When a customer selects Moneris as the payment option at the checkout, they should click the Go to Payment button. They will be redirected to the Moneris page to complete the payment:
Once a customer enters their credit card details on the Moneris Checkout page and completes the payment, they will be redirected back to your store (successful order confirmation page or cart page with unfinished order).
FAQ
What are the transaction fees?
Moneris has a MDR (Merchant Discount Rate). It is the amount that you are charged for processing transactions. MDR is impacted by several cost components, including Interchange or Wholesale Discount, assessments, processing, settlement, and reporting fees. This means your MDR could include Qualified Fees, Non-Qualified Fees, and Differential Fees. You can learn more about Moneris’ fees at the Moneris Help Center, or by obtaining a quote from the Moneris support to get an idea of what your costs will look like.
When do I get the money?
Once a customer pays for an order, the money doesn't immediately go to your bank account. For a short period of time, they’re batching between Moneris and your bank. To put it simply, batching is when the banks are “communicating” between themselves and “agree” to transfer money from a customer to a merchant. After the settlement, the transaction is checked with the payment processor. Once everything is complete, the funds are ready to be received in your bank account.
You can learn more at Moneris Support.
Can I sell CBD with Moneris?
No, you can’t. Still, you can sell CBD products with Ecwid using other payment methods.