Driving online commerce for Canada’s small businesses
Canada’s leading payment processor partnered with Wix to provide merchants with omnichannel commerce, fueled by Moneris payments.
#1
Payment processor in Canada, by volume
3.5B
Transactions every year
~2X
Increase in monthly web builder sales
Data as of Q2 ‘24
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Our goal is to offer a comprehensive package that allows merchants to confidently run a business, built on a robust eCommerce offering.
Matt Crawford
SVP Partnerships, Moneris
Providing best-in-class solutions
Moneris has come to be known as the Canadian leader in payments, supporting over 325K business locations across the nation. Backed by Royal Bank of Canada (RBC) and Bank of Montreal (BMO), Moneris offers a full suite of unified payment solutions, for both in store and online.
But with many omnichannel point-of-sale and payment competitors entering the scene, the company needed a surefire way to provide complete digital solutions, with consistent innovation.
“Our goal is to offer a comprehensive package that allows merchants to confidently run a business, built on a robust eCommerce offering,” says Matt Crawford, VP Partnerships.
Moneris wanted to provide SMBs with a new, secure way to generate revenue online, along with professional management, marketing and SEO tools to grow their businesses. They wanted an experienced web partner with the reputation and resources to help merchants thrive online.
Scott Tabachnick, VP Communications, explains: “We are the point of commerce. We are that moment when someone makes the sale or completes the purchase.
That’s why Wix made the most sense. We help Canadian businesses succeed and be the best, and we can only do that by working with the best.”
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The Wix partnership allows us to provide the level of world-class service Canadian businesses need today.
Scott Tabachnick
VP Communications, Moneris
A new eCommerce ecosystem
Moneris partnered with Wix, a leader in SMB eCommerce, to develop a multi-faceted offering. At the core is “Moneris Online,” which allows customers to leverage design experts to create their professional website or to continue building on their own. With several packages and pricing plans, clients can choose the best option for their needs. Moneris even offers merchants a custom 30-day trial so they can try before they buy.
With a merchant account, Moneris’ customers can customize their website, manage online commerce and utilize marketing and growth tools, directly through Wix’s platform. Merchants can take advantage of all of Wix’s eCommerce capabilities including bookings for services, invoicing, online ordering, events and ticket sales, hotel reservation acceptance and more.
“The Wix partnership allows us to provide the level of world-class service Canadian businesses need today,” says Tabachnick.
As part of the tailored Wix partnership, Moneris customers receive an enabled online shop with Moneris pre-connected as the payment processor. This helps Moneris drive adoption while leveraging Wix’s eCommerce platform and brand reputation to increase customer retention and GPV.
As Crawford puts it, “We're taking the strong Moneris brand and layering the strong Wix brand on top. It really does become ‘1+1=3’. The power of these two brands together brings something new and impactful to the table.
As we see SMBs increasingly looking for flexible and cost-effective ways to run their business, we will be there with them every step of the way to provide the right solutions.
Scott Tabachnick
VP Communications, Moneris
A future of innovation
With a successful core offering, the Moneris-Wix partnership is expanding to include more channels and products that enable merchant success. And with monthly web builder sales having nearly doubled and merchant GPV increasing as well, things are moving steadily in the right direction.
The next phases of the partnership will introduce products that further support merchant operations and enhance the omnichannel experience, with tailored offers for different types of businesses.
“As we see SMBs increasingly looking for flexible and cost-effective ways to run their business, we will be there with them every step of the way to provide the right solutions,” says Crawford.
“We’re thrilled with the partnership. Working with Wix on a day-to-day basis, they’ve been a great partner. There’s lots of opportunity to do more things together and we’re eagerly looking forward to the future.”
Wix offers a trusted way for large-scale brands to maximize their offering to SMB customers: by incorporating Wix solutions into their services. Through strategic B2B partnerships, our “Channel partners” are empowered to facilitate an online presence for customers and become a one-stop shop for their needs—fueling growth for both the SMBs and the Channel partner.
Moneris is a proudly Canadian joint venture created by RBC and BMO that has been partnering with SMB owners for more than 20 years. Since then, the company has become the Canadian leader in payments, supporting more than 325,000 merchant locations across the nation. From cake shops to truck stops. From cutting hair to bike repair. Moneris is there.