Learning and Resources

Understanding How Payment Processing Works

Companies choose us because we provide value beyond payment processing. We support many of Canada’s largest brands as well as many thriving small businesses. Whether you’re just getting started, or planning to grow your business – you’ve come to the right place.

We believe the more informed you are about choosing your merchant account provider, the more you’ll understand the value of the products and services we offer. When you know more about how the payment processing system works, you can use that knowledge to manage your payments and grow your business. That’s why we provide you with tools and resources to help you get the most out of your payment processing services.

To help our customers make better decisions, we’ve put together easy to read guides, tools and resources to help you understand the payment processing industry and what makes Canada First stand out from the crowd.

Our Services


The Basics

Find out how the payment processing system works.

Get an overview of a typical payment processing transaction – with all the terminology explained.

Understand Interchange

Find out how interchange fees affect your bottom line.

Interchange is what happens when a customer uses a credit card to make a purchase.

Understand Funding

How you get paid for card purchases.

Manage your cash flow by understanding when the proceeds from your customers’ payments will deposit into your bank account.

Understand Chargebacks

Get Educated and Avoid Chargebacks.

A chargeback occurs when a cardholder disputes an item or when there has been a violation of payment processing rules and regulations.

Let's Work Together

Get in touch and ask us for a quote or ask a question about what solution is best for your business. Call us at 888-616-6967 or click to send an email. We’re here to help.