Paizer

Paizer: Canadian payment processing for small and medium businesses

Paizer is a payment processing provider based in Montreal, Quebec, that serves businesses across every Canadian province. It positions itself as a Canadian-owned and operated alternative for merchants that accept credit card payments in person or online, with an emphasis on transparent pricing and the absence of long-term contracts.

Pricing model and rate structure

The company advertises interchange-plus pricing with a published reference rate of 1.38% for credit cards plus 0.25% over interchange, and Interac Chip and PIN transactions at 4 cents. Accounts start at $5 per month. Paizer states that pricing is customized for each new account to achieve the lowest possible end-of-month cost, and that merchants can save up to 60% when switching providers. A Rate Guarantee is described as protecting clients from margin increases and competing offers, with free evaluations of competing offers and margins that do not increase.

Payment solutions and equipment

Paizer offers several ways for businesses to accept payments:

• Standard Terminals: contactless payment terminals intended for faster transactions.
• Taliup Cash Register: a point-of-sale system for streamlining in-store operations.
• All-In-One Solutions: Poynt Smart Terminals designed for countertop or mobile use.
• E-commerce Solutions: online payments, mobile payments, and mail or telephone order (MO/TO) processing.
• Virtual Terminal: secure credit card acceptance through any internet-connected device.
• Point-of-Sale: turning a workstation, tablet, or smartphone into a point-of-sale for in-person payments.
• Invoicing: a tool for billing customers.
• Online Checkout: an end-to-end ecommerce checkout for selling products online.

Onboarding, contracts, and funding

The company states that accounts can be set up in minutes and that merchants can be operational within 48 hours of account approval, with simplified paperwork and expedited shipping. There are no monthly fees, hidden charges, or cancellation fees according to the site, and merchants operate on a month-to-month basis. Free terminals are available under certain circumstances to qualifying customers. Paizer applies for Next Day Funding for every customer and can accommodate standard 48-hour funding on request. Account cancellation is handled by phone at 1-877-332-8894.

Customer feedback

The site displays a rating of 4 out of 5 based on 154 reviews, alongside individual testimonials that range from praise for account managers and communication to a complaint about aggressive sales tactics and disputed fee representations. These are user-submitted comments and are not independently verified.

Corporate affiliation

Paizer identifies itself as an affiliate of 2514177 Ontario Ltd, which is described as a registered MSP/ISO of the Canadian branch of U.S. Bank National Association and Elavon.