MONEXgroup Featured Products & Services To Merchants And Retail Sales In The Canadian Economy

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Check the latest MONEXgroup featured products and services brought to retailers! MONEXgroup discusses in its article the latest retail sales figures and their positive impact on the Canadian economy; in correlation with the gross domestic product and consumer’s confidence rates.

MOM Retail Sales | | Statistics Canada | 2014

Actual retail sales for Sep 2014 appreciated by 0.8% reaching $42.8 billion

This article highlights the Canadian economy and the retail sales figures achieved in September 2014, which have emerged into a fast growing economy with positive rates; feeding the Canadian marketplace with maturity in the year’s gross domestic product (GDP), consumer confidence and the stock market... Read More

MONEXgroup clarified the following factors which led to the Canadian economic growth:
1. Consumer Spending on cars and housings
2. Cars & Parts rose by 3.4% in September 2014 reaching $10.5 billion
3. Cars & Parts sales led by light trucks with 8.1% increase over the last 12 months
4. Home furnishing sales rose 1.3 %, reaching $1.38 billion
5. Electronic & Appliance had four straight increase in sales; gained 1.2% reaching $1.26 billion

MONEXgroup reflected its support to retailers and their daily payment processing systems to the positive economic changes for 2014. According to the sales figures achieved in September 2014, and as retailers are experiencing growth in the (automotive, furniture and appliances services), MONEXgroup has continued to provide reliable, secure and effective payment solutions to all merchants across Canada.

Featured Products and Services: MONEXgroup provides measures to assess the quality of service to retailers and determines the right payment solution fitting their unique business needs. Our featured products are:
1. In-Store Payments – VX810 Duet
2. On-the-Go Payments – iWL250
3. Virtual Payments – eCommerce Solutions
4. Integrated Payments – Integrated Solutions

MONEXgroup Message To Retailers: "When partnering with the number one payment processor in Canada; MONEXgroup will increase your cost efficiency and quality of service. Request a Cost Comparison Analysis today by visiting

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Sara Atie
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