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Canada ModernAuthorize Overview

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What is ModernAuthorize?

ModernAuthorize is a combination merchant account and credit card processing service that we are providing in conjunction with PSIGate. These accounts were negotiated on behalf of our Plesk Billing customers to represent absolutely the best offering available for Canadian companies in the web hosting market. It features the low rates, reasonable monthly fees, and no annual or setup fees if you are converting from another payment gateway.

Can I get a product like this at my local bank?

Many banks now offer merchant processing services. However, most specifically require a physical card and card reading equipment. Our accounts are designed specifically to cater to online merchants, particularly our webhosting customers.

What is the difference between ModernAuthorize and programs such as 2Checkout, PayPal, and PaySystems?

We will refer to these types of accounts occassionally as "third-party gateways." This is because the account they are offering is essentially a shared account from a third-party provider. They have many drawbacks, both financial and practical. Please refer to the following "Top Ten" list of benefits of using a standard merchant account.

Top Ten Reasons

  1. Cost
  2. Professional Appearance
  3. Convenience
  4. Recurring Billing
  5. Price Changes
  6. Control
  7. Integration
  8. Management
  9. Virtual Terminal
  10. Reliability

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