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How to Adapt to a Cashless Society

Optimizing Digital Transactions for Profitability

Course Description

A lot has changed in the past year. One of the biggest changes businesses have seen is the rapid decline in the use of cash. As more business are forced to pivot – whether it’s to online, delivery or curbside – cashless payments have become the norm. As consumer behaviours are changing, credit card companies have shifted their fee structure to limit risk and reward secure transactions.

These changes affect your bottom line as a small business, so it pays to understand the changes. More credit card payments can mean a greater share of fees paid, and many businesses learned hard lessons about proper card acceptance. Now more than ever you need to understand how to not only limit risk, but to get the best possible rates per transaction for greater profitability overall.

Join Jordan Williamson, Senior Product Manager at Moneris, to find out how your business can shift payment acceptance behaviours and learn best practices to limit fee-heavy transactions as well as reduce potential fraud.

What Will I Learn?

  • Learn how fees vary depending on the type of transaction

  • Ways to improve profitability while reducing financial risk

  • How payment security and fraud prevention help to protect your business

  • Best practices for card acceptance whether in-person or online

Presented By

At Small Business BC, our number one priority will always be the health and safety of our clients, staff and service providers. As a result, we continue to deliver all our services online, or over the phone until further notice. View our resources for getting Back to Business, or connect directly with a business advisor through our COVID-19 Support Service.

Please note: all webinar participants will also receive access to a recording for seven days after the live session.

Session Date & Time
June 17 at 10:30 AM to 11:30 AM
  • Length: 1 Hour
  • Language: English
  • Subject: Technology, Operations

No other upcoming sessions are available. Please contact us if you are interested in other dates.

  • Price: Free
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We respectfully acknowledge our place of work is within the ancestral, traditional and unceded territories of the Xʷməθkʷəy̓əm (Musqueam), Sḵwx̱wú7mesh (Squamish) and səl̓ilwətaʔɬ/sel̓ílwitulh (Tsleil-Waututh) and that we serve the Peoples of the many Nations throughout British Columbia.