When he opened up an email from the company that supplies his sales terminal, Oakville record store owner John Anczurowski couldn’t believe his eyes. “To avoid a third party processing fee of $400 per month, submit your Lightspeed Payments application by 26 April 2023,” said the note, from a representative of Lightspeed. The representative noted that Lightspeed had integrated its payment processing system with its sales terminals. Any merchant which wanted to keep the sales terminal but use a different company for processing payments would need to pay the extra fee. Lightspeed Payments captures valuable data, reduces the risks of errors and fraud, helps boost efficiency, and provides an enhanced customer experience,” Cyboran added.

Source: The Star April 14, 2023 19:01 UTC