Moneris is the most well-known financial technology company in Canada, specializing in payment processing. The quantity of processed transactions is more than 3 billion a year for over 350,000 merchant locations and employs more than 1,900 people across North America. Moneris supports online customer checkout by multiple card types such as Visa, Mastercard, American Express, Discover, Diners Club, JCB, etc. Also, the Payment Provider can be integrated into every e-store to assist and ensure their checkout process, which brings the most trusted shopping experience for Canadian and American customers. Mageside created the Moneris payment extension specially for merchants in Canada and the USA. Customers from online stores from Canada and the USA now have an additional payment method displayed at the checkout page. Once a customer adds the products to the cart and goes to the checkout page, he selects the Moneris payment methods option and fills up the required information related to the credit card. Moneris Payments for Magento 2 has a special feature of saving the card for later use. When the option is enabled at the admin backend, the credit card information will be stored securely. Next shopping time the customer doesn’t need to fill up the card number, expiration date, or verification number. Moneris Payments for Magento 2 ensures very high security for every transaction thanks to the Card Validation Digits (CVD) (referring to the numbers appearing on the back of the credit card. Customers can manage their stored credit cards at the Stored Payment Methods section of Account settings.
- Vault Enabled
- CVD Verification
- Manage refunds/partial refunds online
- Supports all card types including debit and credit card types
- Authorize or Authorize and Capture
- Void/cancel authorizations
- Partial order invoices
- Multiple currencies support
- Credit Card Verification (CCV)
It allows customers to save credit card details to use them for future purchases. When a customer makes his/her order on the checkout page and fills up the credit card data, he/she can choose to store the data for later use. Completing the next order will allow the customer to use already saved credit card data not typing it one more time.
Moneris Payments for Magento 2 ensures very high security for every transaction thanks to the Card Validation Digits (CVD) (referring to the numbers appearing on the back of the credit card.
An admin can refund the order or partial refund if it’s necessary. Use our Moneris extension to refund the full or partial payment to your customers directly from the Magento Admin.
Moneris supports online customer's checkout by multiple card types such as Visa, Mastercard, American Express, Discover, Diners Club, JCB, etc.
There are two behaviors for payment processing and one must be set according to business processes. Authorize helps you only to authorize an order amount and manually capture it by creating an invoice when it’s required. An authorization locks the order amount in the customer’s bank account until the merchant captures it. For example, the transaction can be captured when you ship the products to the customer. Authorize and Capture action tells Moneris to capture a transaction at the time of creating an order. The transaction will transfer the order amount from the customer’s bank account.
If payment is authorized and not yet captured, merchants are able to cancel the transaction through the admin panel to ensure the transaction is released.
Partial invoicing is only available if the process of authorizing payment is used. The Administrator includes a few products from the order into the invoice. A total sum of the invoice is captured from the order transaction. Due to the fact that only one capture is available for a transaction, the remaining order amounts will be released. Subsequent invoices for similar orders are possible making use of a stored credit card.
Moneris supports enabling/disabling the default currencies that you want to support in your checkout profile. Support for pricing in Canadian dollars is mandatory (i.e., the Canadian Dollar option is always enabled)
This feature helps to protect merchants from payments made via fake or invalid cards. Credit Card verification will cancel all payments when the CCV of a card is not successful or invalid. As soon as a customer adds some credit card details on the checkout page, the extension will indicate the type of card being used (MasterCard, Visa, American Express, etc.).