Moneris is the payment processor in Canada, offering a range of payment solutions to approximately 325,000 merchant locations ...

RBC and Bank of Montreal (BMO), two of Canada’s financial institutions, are exploring the sale of their joint payments ...

Royal Bank of Canada and Bank of Montreal are looking at Moneris sale as rapid digitization and heavy capital needs reshape payments.

Moneris, founded in 2000 by RY and BMO, is one of Canada’s largest payment processors, managing roughly one out of every three business transactions across the country.

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Royal Bank of Canada and Bank of Montreal are exploring sale of payments joint venture Moneris, valued at approximately $2 billion. The payment processor handles one-third of Canadian business ...