Moneris Modules

Overview

Moneris is Canada’s largest provider of innovative solutions for mobile, online and in-store payments, processing more than one in three transactions. Serving businesses of every size and industry, Moneris offers hardware, software and solutions to help transform the way businesses grow and operate, in payments and beyond.

Bring the Power of Ecommerce to Your Website

With the Moneris Checkout Extension, merchants can accept and process online payments through their Magento website, easily and securely. No additional payment processing solution is needed with this extension. Your customer will remain on your website throughout the payment process, making it a seamless customer experience. It is also hosted by Moneris which means less risk for you as you don’t have to handle any sensitive card data.

Features

    • Accept credit, debit and digital wallet payments without directing to another page, making the checkout process fast and easy for customers, ultimately reducing cart abandonment.

    • Payment processing is hosted by Moneris, on a PCI-Compliant infrastructure, so there is less risk for you.

    • Built-in fraud tools that merchants can opt into, including min/max spends, 3DSecure, Moneris Kount, AVS and CVV helps protect your business against fraud.

    • Manage everything from accounting to analytics with access to administrative and reporting tools from our versatile Payment Card Industry (PCI) certified Merchant Resource Center.

Account and Pricing

A Moneris account is required to use and install the Moneris Checkout Extension. Don’t have an account with Moneris yet? It’s easy to get started. Call Moneris at 1-855-232-2365 and mention one of the following configuration codes:

  • Woo Commerce - ECNP-00493

  • Magento – ECNP-00494

Security

Moneris Checkout is hosted by Moneris, on a PCI-Compliant infrastructure. This means that the payment page where cardholder data is entered, and where the payment is processed and settled, is all managed on Moneris’ secure servers; sensitive cardholder data does not pass through your servers nor is it ever shared with Magento or WooCommerce, so there is less risk for you.

Built-in Fraud Tools

  • Supports fraud tools including min/max spends, 3-DSecure, Moneris Kount, AVS and CVV.

  • Transaction limits control the minimum and maximum dollar amounts that can be charged for any one order submitted by a customer in the checkout.

  • 3-D Secure provides real-time authentication of an online shopper to their card issuer through Visa® Secure and MasterCard Identity Check®.

  • Moneris Kount proactively detects fraud before it occurs, using predictive modeling and risk scoring to analyze and assess customers in real-time.

  • Address Verification Service (AVS) matches the address the customer provided to the address on record with the issuing card bank.

  • Card Verification Value (CVV) confirms the customer knows the 3-4 digit code on the card provided, and validates it with what is on record with the issuing card bank.

  • Determine whether to allow Moneris to manage auto-decisioning with regards to how transaction requests are handled and processed through your checkout.

Your Transaction Type Options

Manage your transactions and how you want to receive your payments through the Merchant Resource Center. Your options include Purchase and Preauthorization.

If you select Purchase as your payment transaction type, the payment will automatically be captured. This means the funds on the cardholder's card are verified, removed from the account and prepared to be deposited into your merchant account.

If, on the other hand, you choose Preauthorization, the funds are temporarily locked in the customer’s account for a specified amount of time or until the merchant sends a completion request, at which time the completion of the payment is authorized and funds are removed from the cardholder’s account. Completion requests can be performed on either the Merchant Resource Centre, through Magento, or WooCommerce platforms.

After a payment has been authorized, merchants can void the preauthorization payment through the Merchant Resource Center to release the funds being temporarily held.

Merchants can easily and quickly issue a customer refund, in full or in part, on either the Merchant Resource Centre, through Magento, or WooCommerce platforms.

Getting Started

  1. Download and install the Moneris Checkout Extension.
  2. Follow the steps in the Installation Guide to set up and configure Moneris Checkout into your website.