The Time to Invest in MONEXgroup’s Integrated eCommerce Solutions is Now: 55% of the time Canadians Purchase Online from Fellow Canadian Businesses

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According to eMarketer, Canadian Consumers are purchasing online goods from fellow Canadian business 55% of the time - reflecting the importance of eCommerce Solutions for Canadian Companies. MONEXgroup offers business merchants the solutions to accept payments online and capitalize on these sales.

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55% Of All Digital Sales In Canada Went Toward Canadian Companies.

Canadians like to support Canadians, eh! The already fierce competition in the digital market is predicted to become even more intense after the release of a new study by eMarketer that explores domestic online shopping. According to the study, business-to-consumer (B2C) eCommerce sales will reach $36.77 billion ($25.37 in retail spending) this year. Those are big numbers that any business in the world can capitalize on – simply by having a website (and an integrated online payment processing solution).

The media tends to focus on eCommerce sales as they pertain to worldwide organizations such as Target or Walmart, but one statistic, may perk the interest of many Canadian businesses: 55% of all digital sales in Canada actually went toward Canadian companies. This number may seem small, but it reflects the importance of digital sales for Canadian companies.

"All customers are becoming digital customers. There is much to benefit from having a digital resource, like an online marketplace, that any customer can access anytime," commented Parry Rosenberg, Vice President of Sales and Marketing at MONEXgroup.

MONEXgroup offers eCommerce solutions, with an easily integrated buy button that works with existing shopping carts and seamless software upgrades. Instant notification of sales allow for an up-to-date customer database of: inventory, order status and sales trends. With MONEXgroup’s integrated payment processing solutions, businesses are able to design custom systems that maximize workflow and minimize headaches.

MONEXgroup is the #1 rated payment processing company in Canada offering the lowest rates in the industry. Services offered include: debit card and credit card point-of-sale (POS) terminals, mobile, integrated and e-commerce online payment products. MONEXgroup serves over 20,000 merchant accounts across Canada in all market segments including: restaurants, business-to-business, professional services, leisure and hospitality.

Holly Murray
Marketing Communications
T: 647 204 0197

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