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Moneris Review

Depends

Should I use Moneris?

Canada's leading commerce solutions provider - moneris.com

· 1 week ago

Buy it if you're an established Canadian retailer with steady volume wanting one provider for terminals, e-commerce, and APIs. Skip it if you're a small or new seller — Square and Stripe are simpler, cheaper, and far better rated.

Confidence

Medium. Based on 14 public sources; several source snippets were truncated in the feed.

Ratings

  • Value for money
  • Ease of use
  • Feature depth
  • Support quality
  • Security posture

Pricing

2.65% + per-item fee

Online (e-commerce)

ModelNot disclosed
Monthly feesNot disclosed
HardwareNot disclosed
Free tierNo
Moneris GoMonthly fee + processing

Best for

  • Established Canadian retailers
  • Omnichannel POS plus e-commerce
  • Merchants wanting terminals, gateway, and APIs
  • High-volume sellers consolidating providers

Not for

  • Brand-new or side-hustle sellers
  • Price-sensitive merchants wanting flat, no-monthly-fee pricing
  • US-only businesses (Canada-focused infrastructure)
  • Anyone unwilling to sign processing contracts

Gotchas - check before you buy

high

Contracts and termination terms are a recurring complaint — read before signing

medium

Monthly account fees on entry plans; Square charges none

medium

Card network fee updates get passed through to merchants

medium

C$2B sale to US private equity (Francisco Partners) may change terms and support

Pros and cons

Pros

  • Processes roughly 1 in 3 Canadian payment transactions
  • Full stack: POS hardware, gateway, online checkout, APIs
  • Publishes e-commerce rates: 2.65% plus per-item fee
  • Developer portal with public API documentation

Cons

  • Aggregate rating just 3.4/5 vs Stripe's 5.0
  • Fees are reviewers' most common complaint
  • Reddit threads allege surprise charges and 'scamming'
  • Monthly fees where Square charges none
  • Historic nationwide outage halted Canadian card processing

Sources & method

- 14 sources - PCI PTS-certified terminals and a security page; one legacy 2011 API CVE and a past nationwide outage on record.

official x1review x9security x2news x2
  • CVE-2011-5236, Moneris eSelectPlus 2.03 PHP API did not properly validate input (medium severity, disclosed 2011).

Key stats

  • Value for money: 2/5

    Rating

  • 2.65% + per-item fee

    Starting price

  • 14

    Sources

  • Analyzed

  • Value for money: 2/5. Monthly fees, contracts, pass-through fees draw complaints
  • Ease of use: 2/5. 3.4/5 aggregate trails Stripe's 5.0
  • Feature depth: 4/5. POS, gateway, e-commerce, APIs, financing in one stack
  • Support quality: 2/5. Support is a recurring complaint theme
  • Security posture: 3/5. PCI-certified terminals; one legacy API CVE
  • 3.4/5 Aggregate rating vs Stripe's 5.0 (RFP.wiki)
  • 2.65% + per-item fee Online card rate Published on moneris.com pricing
  • No Free tier Monthly fee on Moneris Go (Reddit)
  • ~1 in 3 Market share Canadian payment transactions processed

Pricing

Online (e-commerce)

2.65% + per-item fee

  • Published card rate
  • Gateway included
  • Per-transaction fee applies

Moneris Go

Monthly fee + processing

  • Portable terminal
  • Monthly account fee
  • Square comparison cites no monthly fee

Security

PCI PTS-certified terminals and a security page; one legacy 2011 API CVE and a past nationwide outage on record.

  • CVE-2011-5236Moneris eSelectPlus 2.03 PHP API did not properly validate input (medium severity, disclosed 2011).11

What users say

Mixed: gateway reliability draws praise, but fees, contracts, and support dominate complaints.

Companies that use it

  • Montréal centre-ville
Full analysis

Based on 14 public sources; several source snippets were truncated in the feed.

Canada's biggest processor: fits established retail, fee-heavy and overkill for small shops — try Square first.

Methodology

Based on 14 public sources; several source snippets were truncated in the feed.

Read how a report is made.

Sources

  1. Moneris Solutions vs Stripe (2026) — RFP.wikirfp.wiki
    review
  2. Moneris Review for Payment Processing — Clearly Paymentsclearlypayments.com
    review
  3. Moneris Reviews (2026): Fees, Complaints & Contracts — PaymentPoppaymentpop.com
    review
  4. Moneris Go Vs Square (Canada) — Redditreddit.com
    review
  5. Moneris scamming — Reddit r/smallbusinessreddit.com
    review
  6. Moneris handles roughly 1 in 3 payment transactions — Redditreddit.com
    review
  7. Moneris Gateway Reviews — G2g2.com
    review
  8. Moneris Solutions Reviews — Trustpilottrustpilot.com
    review
  9. Moneris Online Payment Fees — Monerismoneris.com
    official
  10. Moneris POS Hardware Systems Review — PaymentReviewpaymentreview.com
    review
  11. CVE-2011-5236 — NVDnvd.nist.gov
    security
  12. Moneris network outage affects Canada — Facebookfacebook.com
    security
  13. RBC and BMO will sell Moneris joint venture — Morningstarglobal.morningstar.com
    news
  14. Moneris — Wikipediaen.wikipedia.org
    news

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