Clik2pay vs. Credit Card Processors: Which Saves You More?

If you run a business in Canada, you know the landscape is always shifting. Costs are up, fraud is a real threat, and your customers expect payments to be fast and easy, no matter how they shop. So when it’s time to choose how you get paid, the real question is: are you spending too much just to take payments? Let’s break down Clik2pay vs. traditional credit card processing and see where the savings (and surprises) really stack up.

Payment Fees: What Are You Really Paying?

Credit Card Processors:
You might expect to pay somewhere between 2.5% and 3% on every card sale, sometimes with another $0.10 or $0.30 per swipe. On $100, that’s up to $3 just to get your own revenue in the door. Sell enough volume, and the margin hit really stings.

Clik2pay:
With Clik2pay, it’s just 1.4%+$0.50 fee. Suddenly, you’re keeping $1.50 more on every $100 payment compared to credit cards. That’s money you can reinvest, offer deals, or simply keep your business running leaner.

Chargebacks & Fraud: Who’s on the Hook?

Credit Card Processors:
Ever had a payment reversed weeks after a sale? Chargebacks and fraud are part of the card game, along with the painful paperwork and extra fees that come with them.

Clik2pay:
Clik2pay runs on real-time, bank-authenticated payments, so chargebacks aren’t just rare, they’re virtually eliminated. You get peace of mind, faster resolution, and more time spent on your business (not disputes).

Customer Reach: How Many People Can Really Pay You?

Credit Card Processors:
Cards are everywhere, but not every customer wants to use them—especially with rising debt, fees, and tougher approval standards. You might be missing out on cash-preferred or budget-conscious shoppers.

Clik2pay:
With Clik2pay, anyone with a Canadian bank account can pay, no credit card required, no interest charges. That opens your doors to a wider audience, helping you serve more customers without extra hurdles.

Settlement Speed: When Is Your Money Really Yours?

Credit Card Processors:
It often takes a couple of days for sales to actually land in your account, which can hold up your cash flow just when you need it.

Clik2pay:
With Clik2pay, money moves instantly. You can restock, pay your team, or invest in growth without waiting or wondering when you’ll actually get paid.

Security: Protect Every Transaction

Credit Card Processors:
Card data breaches and stolen info hit the news all the time. Merchants end up scrambling to keep customer info safe, spending extra on PCI compliance.

Clik2pay:
Clik2pay never asks for card numbers and relies on secure bank login. Less sensitive data, less worry, your customers stay safe, and so do you.

The Takeaway: Clik2pay Makes Your Profits Go Further

If you’re laser-focused on profit and tired of payment headaches, Clik2pay gives you a clear advantage: lower fees, near-zero chargebacks, broader reach, instant funds, and bank-grade security all in one. For many Canadian merchants, switching is about making payments work for your growth.

Curious how much you could save? Take a closer look at Clik2pay and get your payment process working for—not against—your business: https://clik2pay.com/contact/

 

Frequently Asked Questions (FAQ)

How much can Clik2pay save my business compared to credit cards?

Clik2pay fees start from just 1.4% + $0.50 per transaction, while credit card processors often charge 2.5–3% plus fixed per-swipe fees. For every $100 you collect, you could save up to $1.50 or more—meaning hundreds or thousands in savings each month, depending on your sales volume.

Do customers need to sign up or have a credit card to pay with Clik2pay?

No. Anyone with a Canadian bank account can pay instantly—no credit card, registration, or app needed. This makes payments easy for customers who don’t have or prefer not to use a credit card.

Does Clik2pay help reduce chargebacks and fraud?

Yes. Because payments are verified in real-time and use secure bank authentication, chargebacks are nearly eliminated, and merchants spend less time dealing with disputes.

How fast do I get paid with Clik2pay?

Funds settle instantly—unlike many card processors that can take days. This means you can boost cash flow, restock, pay bills, or invest in your business as soon as a sale happens.

Does Clik2pay work with eCommerce platforms like Shopify?

Yes. Clik2pay can be integrated into leading platforms using APIs or no-code options, enabling a smooth checkout experience for customers.

Is it secure for my business and customers?

Absolutely. Clik2pay uses bank-grade encryption, never collects card numbers, and leverages Interac’s trusted digital payment rails. That means lower PCI compliance risk and peace of mind for both merchants and shoppers.

Are there any hidden fees or costs with Clik2pay?

No hidden fees. Pricing is simple, transparent, and pay‑as‑you‑go. Customers pay nothing, and merchants pay only the low transaction fee per payment—no monthly or setup costs.

Can Clik2pay help me reach more customers in Canada?

Yes. Clik2pay lets anyone with a bank account pay—no credit check or debt required—opening up sales to about 40% of Canadians who prefer to pay by bank or don’t use credit.