The government of Canada has selected Moneris, a credit and debit card processor, as its payment acquirer to provide card processing services to federal departments and agencies across Canada.

Under the deal, Moneris will process all Interac Debit, Visa, MasterCard and American Express payments for government of Canada services.

In addition, Moneris will also process all online and onsite payment transactions for the federal government.

The agreement will see Moneris providing all Point of Sale (POS) devices as well as manage all card payment transactions for Canada’s 38 federal departments and agencies that accept payment cards.

Moneris said it will work to ensure that cost recovery services provide the best possible solution at an affordable cost to Canadian taxpayers.

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Moneris chief sales and relationship officer Jeff Guthrie said: "We’re excited to be working with the Federal Government to manage and improve its payment solutions, for services across the country.

"Moneris is a payment technology leader in North America and is capable of scaling to meet the needs of the Canadian government, innovate with new technology and deliver strong service and support."