May 24th marked a significant milestone in both finance and cryptocurrency as the first Ethereum Exchange Traded Fund (ETF) received approval in the United States. The decision by the Securities and Exchange Commission (SEC) sparked considerable excitement among investors and crypto enthusiasts alike, ushering in new possibilities in an already bustling market. Understanding Ethereum ETF…
Victoria Day, celebrated on the last Monday before May 25th, is a distinctly Canadian holiday that marks the beginning of summer and commemorates Queen Victoria’s birthday. It is a day filled with historical significance, community events, and various celebrations that highlight both the heritage and the vibrant spirit of Canada. This blog explores the history…
In an increasingly connected world, where our smartphones have become extensions of ourselves, it’s natural for our consumption habits to evolve. One of the most striking changes in recent years is the rise of mobile wallets. These applications, which allow users to store their payment information and make transactions online or in-store with their mobile…
In the ever-evolving world of commerce, the right Point of Sale (POS) system is more than just a tool for processing transactions. It has become the central pivot around which operational management, customer relations, and even business growth revolve. With a multitude of options available in the market, it is essential to choose one that…
In today’s business environment, business models centered around recurring credit card payments have experienced rapid growth. These models allow companies to generate stable and predictable revenue streams while offering a seamless and convenient customer experience. Whether it’s subscriptions to digital services, monthly subscription boxes, fitness program memberships, or any other form of subscription, recurring credit…
In a reality where technology is advancing by leaps and bounds, our payment methods are also evolving. Contactless payment with smart watches is one of the latest examples of this exciting evolution. This technology offers unparalleled convenience and increased security for consumers. In this article, we will explore the multiple possibilities offered by contactless payment…
In the restaurant industry, every penny counts. Restaurateurs constantly juggle numbers to keep their business afloat, including product costs, staff salaries, and operational expenses. However, one often overlooked aspect of these costs concerns credit card transactions. To reduce these fees, more and more restaurateurs are opting for a clever approach: dual pricing1. What is dual…
In the world of hospitality and service, tipping has long been a social norm. However, the growing inflation threatens this traditional practice. In this article, we will explore how inflation impacts tipping in Canada, the challenges it presents for both customers and service workers, and how innovative payment solutions like DRS Payments can offer a…
As Easter approaches, a shadow looms over chocolate lovers: a dramatic rise in chocolate prices. Over the past year, the price of a ton of cocoa beans has skyrocketed from $2720 to $9471, a staggering 248% increase1. This sharp hike directly impacts the cost of chocolate treats, leaving consumers and merchants puzzled by this bitter…
In the vast ocean of the economy, the tides of inflation and the currents of interest rates are powerful forces. For traders, these economic movements are like unpredictable storms. They require careful planning and adaptive tools. In this tumultuous economic journey, payment solutions become crucial lifebuoys. They offer businesses the stability needed to navigate successfully…
