Federated Payments Canada Introduces Complimentary POS Credit Card Terminals for Medical Professionals

Online, May 2, 2011 (Newswire.com) - Federated Payments Canada, a leading international provider of credit card processing and related merchant account services for independent business owners in North America, has announced new low cost card processing services for private practice health professionals in Canada including complimentary EMV compliant terminals.

Jon Levitt, Federated Payments CEO, explains, "What makes our program inherently unique in Canada is that previously, health and rehabilitation professionals had to pay their existing merchant service provider up to $2,000 or more to lease their credit card POS terminals. With Federated Payments Canada, we provide them with a complimentary credit card terminal - as well as low cost processing services - for the length of their contract representing significant savings."

John Guirguis, Federated Canada's president, adds, "It's important to note that these state-of-the-art Verifone terminals that we are providing these professionals at no charge are fully EMV (Europay, Mastercard and VISA) compliant. This is critical in Canada since merchants now personally assume the financial risk of credit card fraud. These terminals (including the Verifone Vx510 and Vx570) ensure the highest levels of credit card authentication available."

Federated Payments remains the fastest growing merchant service provider in Canada with over 10,000 independent business merchants in the region and 100,000+ customers serviced worldwide since it's founding in 1999.