Moneris Go - Financial Transactions

A financial transaction involves the transfer of funds between a cardholder's account and your own business account. For example, a credit Purchase transaction moves funds from the credit cardholder's account to your business account. A debit Refund transaction moves funds from your business account to the debit cardholder's chequing or savings account.

Note: Funds are not moved immediately. They are moved after your batch is closed and settled. For more information about closing your batch, see end of day process.

The Moneris point-of-sale terminal can securely process a variety of financial transactions on cards including debit cards, credit cards, pre-paid credit cards, and gift cards.