Integrated Card Exchange (ICE), an affiliate of CardWorks, and Peoples Trust, a Canada-based financial services firm, have said that a new payment processing solution went live and is fully operational in Canada. This payments process solution is powered by Planet Payment, a multi-currency and data processor.

The turnkey solution provides Canadian merchants with a suite of business-building tools designed to improve merchant efficiency and profitability. The solution includes full domestic processing support for Visa and MasterCard including chip and pin, American Express, JCB, and Interac debit card transactions. Additionally, merchants can have access to Planet Payment’s Pay in Your Currency and Multi-Currency Pricing services.

Moreover, Integrated Card Exchange will offer the solution directly to Canadian merchants and independent sales organizations (ISO) as well as through US-based ISOs that are interested in processing solutions for merchants located in Canada.

Gerry Serratore, vice president of marketing at Peoples Trust, said: “The ‘Pay in Your Currency’ feature is a first for Canada and is helping drive increased efficiency by looking at transactions in a new way and will assist merchants in servicing their customers while increasing profitability.”

Matt Berman, managing director of Integrated Card Exchange, said: “Integrated Card Exchange selected Planet Payment because of the power, functionality and flexibility of their credit card processing solution. This relationship, coupled with our arrangement with Peoples Trust, allowed us to offer a powerful solution perfectly tailored to the unique needs of the Canadian marketplace. Planet Payment’s solution will help us to retain and attract relationships with numerous independent sales organizations in Canada and the US.”