Zennaxx White Logo

The Ultimate Guide to the Top 5 Payment Gateways in Canada

Content’s Topics

Doing business with anyone or anywhere is now easy with the internet. Working with a Global client for a software development company is so easy.

However, after the work is done, the main phase of business is payment processing.

Choosing the right payment gateway for your organization is the most challenging.

Finding the best payment gateway is vital because of unknown charges and taxes from different countries.

If you seek the best Canadian payments gateway on this blog, we will help you choose the right one in Canada.

Are you tired of using different online Canadian payment software? Especially for businesses in the software world, having the right payment system is a big deal.

Canadian software development businesses are shifting online.

So, finding a safe payment gateway for Canadian payments is now essential.

We short out payment gateways to keep our money safe and give you a smooth transaction experience.

In this blog, we discuss the 5 best global payment gateways in Canada.

Moneris Solutions

Moneris is one of the giant payment gateways in Canada. It handles approximately 3 billion transactions annually, serving businesses of all sizes.

According to an internet survey, this is the most popular Canadian payment gateway. Moneris Payment Gateway was founded in Toronto, Canada, in 2000.

It primarily employs a flexible pricing model. You have to check your prices regularly because Moneris has been known to raise your expenses progressively yearly.

It charges a monthly subscription fee of $19.95 and a 2.75% credit card fee.

This pricing structure allows businesses to budget for their payment processing needs efficiently.

Moneris offers excellent features and services to its customers. These include real-time reporting, fraud prevention tools, and support for multiple currencies.

Moneris Solutions is a reliable go-to for software development businesses.
With its range of secure payment options tailored for the Canadian market, Moneris promises that your customers can pay for your software products with peace of mind.

Moneris has joined hands with well-known companies such as Sage Accounting, RBC, and BMO.

Also, it offers small businesses services such as keeping track of inventory and sales. Because of these good features, it is one of Canada’s top payment service providers.

PayPal Canada

PayPal CA is known for its user-friendly interface, making it a top choice for enterprises.

Its simplicity and accessibility make it easy for businesses and customers to navigate the payment process seamlessly.

The fees it charges are dependent on the type of service. As a standard, it is 2.9% + $0.30 per transaction.

If the monthly volume is reached, this 2.9% goes down; it can go up to as low as 1.9% + $0.30.

The pro solution that processes American Express, Visa, and Mastercard has a monthly fee of $35 and regular transaction fees.

It enables transactions in various currencies, allowing businesses to cater to an international customer base without dealing with multiple payment systems.

This makes it an ideal choice for software businesses aiming to expand their reach beyond Canadian borders and tap into a broader market.


Stripe, Inc. is an international financial services and software as a service (SaaS) firm founded by Irish Americans. Its headquarters are in South San Francisco, California, and Dublin, Ireland. Stripe was founded in 2009 by Irish entrepreneurs John and Patrick Collison in Palo Alto, California.

Stripe provides application programming interfaces (APIs) for web developers to integrate payment processing into their websites and mobile applications.

In 2012, the company introduced Stripe Connect, a multiparty payments solution that enables software developers to integrate payments seamlessly into their products.

A billing product for online businesses was added to the company’s service offering in 2018, allowing them to handle invoicing and subscription recurring revenue.

They don’t charge annual maintenance or startup costs.

The only price is a transaction fee of 2.9% + $0.30 per transaction. Stripe’s pricing model is straightforward, making it a popular choice for businesses of all sizes.

Stripe offers advanced fraud protection tools and customizable reporting features to ensure secure and efficient Canadian payment processing.


Authorize.Net is a well-established net payment gateway provider known for its longevity and reliability in the market.

It was launched in 1996 in Utah by Jeff Knowles. As of 2004, it had about 90,000 customers worldwide.

With over 450,000 merchants using its services, it has positioned itself as a reputable application for a secure payment gateway in Canada.

If you are considering the right Canadian payments gateway for your business or organization, Authorize.Net is excellent.

It offers many options that can be customized to fit your needs. Customization makes it a top choice for companies with different payment requirements.

Authorize. Net charges a small monthly fee, making it accessible to businesses of various sizes.

For the primary 2.9% + $0.30 transaction fee, a merchant must pay a $49 setup fee + $25 per month.

Authorize.Net has excellent features like tools to spot and stop fraud, the ability to set up recurring payments, and the option to accept various currencies.

These features can level up how you handle payments, no matter what kind of business you run or where you operate.


In October 2014, Molnar and his then-neighbour Eisen founded Afterpay even More than 150,000 people use Afterpay businesses worldwide.

Afterpay has become a popular payment gateway in Canada, allowing customers to pay for their purchases over time.

This clear fee structure makes it an appealing option for customers seeking a simple and convenient payment method.

Afterpay’s user-friendly interface on various e-commerce platforms makes it more successful.

Responsible lending practices have garnered trust and loyalty from both customers and merchants.

With its expanding global presence, Afterpay continues revolutionizing how people shop and pay for purchases.

A variable fee ranging from 4 to 6% plus 30 cents is added to each transaction through Afterpay.

Most BNPL services will generally charge in the same bracket as their offerings, which are accessible for shoppers if they pay back on time.

Afterpay is all about making shopping super easy. With its friendly way of doing things and many stores joining in, it’s changing how we shop.

You can buy stuff now and pay for it later in easy bits. It’s like this excellent option that lets you control your spending while still getting what you want immediately.

Planning to streamline payments in your app?

Let’s integrate a secure payment gateway for seamless transactions. Let’s make paying easy!


Picking the right payment gateway can be tricky, especially with different fees and taxes from various countries.

In this blog, we looked at the best five global payment gateways in Canada, highlighting their features, prices, and which businesses they’re best for.

A trustworthy payment system is crucial for Canadian software businesses going digital. As e-commerce grows, having a secure payment gateway is a must.

These gateways keep transactions safe and make things easy for companies and customers. Feel free to comment with any questions; we’re here to assist you.

Want to develop a software as per your business needs?



Kunal Vaja

Founder & CEO, Zennaxx
Kunal Vaja is founder of Zennaxx, a prominent software and mobile app development company. With 10+ years of IT consulting experience, he specializes in mobile app and software development, UI UX design, and DirectX. Kunal is dedicated to assisting businesses in turning their concepts into successful software, websites, or mobile apps that foster innovation and deliver tangible value for clients.


Related Articles

blog subscribe


Subscribe to our newsletter

Stay ahead in the world of technology! Subscribe to our newsletter for exclusive updates, industry insights, expert analyses, exclusive offers and the latest trends. Elevate your knowledge with Zennaxx Technology.


Get Free Technical Consultation On Your Project

Your journey to successful software development begins here. Share your project ideas and requirements with us now, and our technical experts will get back to you within 24 hours.

    Any information you disclose is protected by NDA

    By clicking Send, you agree you have read our privacy policy.



















    Scroll to Top