Degraded moneris payment service disrupts payments for businesses.

Business

2023-12-22
Published 10 Months ago by Calter Wronkite

The Innovation Leaders Interview: Dr. Chris Kempin, Founding Partner at Aptoro, Chief Science Officer for Therapeutics & Clinical Development

1. Issue of Moneris Payment Gateway service degradation resulting in intermittent payment processing issues.
2. The current situation with moneris payment service is not acceptable.
3. There has been no other option to resolve this issue.
4. Customer who have used the service has been facing issue since a long time
5. These issue are not only with moneris but also with different banks payment processor like Paypal and PayPal, Amazon etc.
6. It has occurred that payment got processed successfully but after a long time, customer has received a notification stating that processing is failed.
7. The reason behind these problem are due to weak infrastructure or incorrect input provided by customers.
8. Although moneris has issued a statement about temporary issue with service but it is still causing concern among customers.
9. Customers should be aware that they should select the merchant account carefully and follow the payment instruction properly.
10. The payment gateways have become increasingly unreliable in recent times.
11. Merchant need to be careful while selecting the payment method otherwise the service may get stopped.
12. Also keep monitoring the payment gateway status regularly.

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