Merrco Payments Inc.

06/11/2024

We are thrilled to celebrate the success of the Mount Sinai Hospital Foundation's 2nd Annual Shoot & Score for Sinai Ice Hockey Tournament!

This fantastic event brought together hockey enthusiasts and community supporters for a great cause, and Merrco had the pleasure of sponsoring a junior team for the tournament. We couldn't be more excited to share that our team clinched gold!

At Merrco, we believe in giving back to the community and supporting initiatives that make a positive impact. Sponsoring a team for this tournament was a perfect opportunity to combine our love for sports with our commitment to community engagement.

04/20/2024

Happy 420 from the Merrco team! Let's celebrate the culture, the progress, and the joy that cannabis brings to so many in our community. Cheers to good vibes and smooth transactions!

03/12/2024

Don't forget to spread the word and start earning those rewards – happy referring!

We're thrilled to announce the launch of our exciting Refer a Friend campaign, designed with you in mind! At Merrco, we're always looking for ways to show appreciation for your loyalty and support. What better way to do that than by offering you fantastic rewards for spreading the word about our ser...

03/08/2024

At Merrco Payfirma, we're proud to have incredibly talented and inspiring women who drive our success every day.

From our leadership team to every corner of our organization, women play pivotal roles in shaping our culture, innovation, and growth. Their dedication, creativity, and leadership are invaluable assets that enrich our company and empower our community.

Happy International Women's Day from Merrco Payfirma!

02/21/2024

By leveraging BNPL options, retailers can increase average sale value and be confident that high ticket items will move quicker. By offering interest-free installment payments, businesses can make products more accessible to customers, while also increasing customer loyalty.

Sale Price: As a cannabis retailer, stocking expensive items can be daunting, as it can take longer to sell them compared to lower-priced products. However, by leveraging Buy Now Pay Later (BNPL) options from our partner Gratify, you can not only sell more of your slow-moving stock but also increase...

02/20/2024

Looking back on an amazing evening at the KIND Winter Gala last December! We are honoured to have been awarded the Best Cannabis Payments Company. It's truly a testament to our team's dedication and the support from our amazing community. Here's to continued innovation and progress in the cannabis industry!

02/08/2024

Optimizing payment methods can be a straightforward yet impactful way to enhance the customer experience. By focusing on convenience, accessibility, speed, and loyalty incentives, cannabis retailers can revolutionize the payment process, both in-store and online.

Cannabis retailers are constantly striving to match the exceptional customer experiences found in other industries. A key element in achieving this goal is optimizing payment methods, both in-store and online. In this article, we'll delve into how refining payment processes can significantly elevate...

01/31/2024

By focusing on a market often overlooked by traditional payment processors, Merrco has positioned itself as the go-to solution for cannabis businesses. Our expertise in navigating complex regulations, combined with a deep understanding of the industry's unique challenges, has enabled us to board cannabis merchants quickly and efficiently.

Business owners operate in an era dominated by technological progress and dynamic business models where distinguishing oneself from the competition is crucial. Merrco, a leading player in the payment processing sector, has successfully set itself apart by targeting the thriving cannabis industry and...

01/29/2024

Several U.S. states where cannabis is legalized experienced record-breaking monthly sales in December. Many recently established adult-use cannabis markets showed continued growth, and American cannabis consumers increased their holiday spending.

More than a half dozen U.S. states where ma*****na is legal notched record-breaking monthly sales in December, with many relatively new adult-use cannabis markets continuing to expand and American shoppers in general stepping up holiday spending. Most of the monthly sales records were seen in states...

01/24/2024

For the first time, the CFTA, which came into force in 2017, includes references to cannabis and the cannabis industry, primarily clarifying provincial rules and regulations. Although this doesn’t necessarily mean any immediate changes to how cannabis is sold in Canada, it is a positive first step in potential allowances for cannabis retailers to ship products to residents in other provinces.

The newest version of the Canadian Free Trade Agreement (CFTA) has now been expanded to include trade in non-medical cannabis.

01/18/2024

A new regulatory change allowing one company to operate up to 150 recreational cannabis stores in Ontario – a twofold increase from the previous cap of 75 – is expected to benefit large retail chains and drive more consolidation in Canada’s most valuable adult-use market.

A regulatory change allowing one company to operate up to 150 recreational cannabis stores in Ontario, Canada, could drive consolidation.

01/10/2024

Despite monthly fluctuations, the Canadian cannabis market is on a steady upward trajectory, showcasing remarkable year-over-year growth. As of October 2023, the flourishing industry achieved over $448 million in sales, a substantial increase from the $392 million recorded in October 2022.

Cannabis sales continue to climb in Canada, with more than $448 million sold by the nearly 3,700 cannabis retailers nationwide as of October 2023.