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Running a business, reimagined.
Running a business takes time, and managing payments is just one part of it.
With TD and Clover, you can reimagine how you take payments and run your business by connecting payment solutions, point of sale technology, and business tools designed to work better together.
Here’s how we can help
You probably don’t have time to sort through every payment option available. Good news is, TD has you covered! TD, in strategic relationship with Clover, offers payment solutions and business tools designed to support how you operate, whether you sell in store, online, or on the go.
Together, TD and Clover bring payments, point of sale solutions, and business management tools into one connected experience backed by trusted advice and support from TD.
Before we get started, let’s start with the basics.
It’s a term used to describe services that allow your business to accept debit card, credit card and digital wallet payments whether your customers want to make a payment in-person, online, or over the phone.
It’s no secret that the world of commerce is changing and increasingly shifting online. Today, most business-to-customer transactions in Canada are made using something other than cash. Because of this shift, it’s important to ensure you’re making things as easy as possible for your customers and not losing sales.
We are a payment processing business owned by a major Canadian bank and businesses have trusted us since 1968.
Today, TD Merchant Solutions, together with Clover, brings you payment solutions and business tools designed to support how you run your business now and as you grow.
With TD, you also benefit from trusted advice and a connected approach to payment processing, business banking, and financial solutions - all designed to help simplify your day to day operations so you can focus more on your customers and what matters most.
Here’s how TD can help:
Get off to a good start
Connect with us live, call us or request that we call you: we have an experienced team of TD Merchant Solutions Specialists available to help. Not only can we help you choose the right payment solution for your business, but we also can connect you with trusted TDMS Specialists to answer other financial services questions you might have.
Simplify how you take payments
Accept payments in store, online, and on the go with solutions that are designed to work together across your business.
Support your day‑to‑day operations
Access point‑of‑sale technology and business tools to help manage orders, track sales, and streamline operations.
Backed by TD support and expertise
Get advice from TDMS Specialists and access 24/7 support so you can feel confident in your payment solutions.
Manage your cash flow with confidence
When paired with your TD Business account, receive deposits quickly and keep your payments and banking connected.
We focus on data security so you can focus on your business
We’ll help you keep your payment card data safe with industry standard-compliant solutions. Our wide range of TD and Clover payment solutions for small businesses meet all PCI (Payment Card Industry) data security standards.
TD Merchant Solutions 101
What payment methods can you accept with TD Merchant Solutions and how do they work?
With TD and Clover, you can offer your customers more ways to pay:
In person
Use TD and Clover point of sale solutions to accept payments quickly and manage your business from one place.
Online
Accept payments through TD Clover virtual terminal and e commerce solutions designed to support how you sell online.
Accept payments online and over the phone with TD Online Mart. TD Online Mart also offers virtual terminal, hosted checkout, custom checkout, recurring payments, batch payments, fraud protection tools, and online payment tokenization.
On the go or by phone
Process payments wherever your business takes you using mobile and web based tools.
What kind of payment solutions are available?
There are different types of payment solutions depending on how your business operates. With modern POS systems like TD and Clover, many businesses choose integrated or semi integrated solutions that connect payments with business tools to improve efficiency.
Fully Integrated – This is the solution for businesses that want a seamless checkout experience for their customers and employees, like retailers with multiple check-out lanes. It integrates the point-of-sale system or cash register with payment acceptance and value-add services like inventory management, financial reporting, and gift and loyalty applications. Fully integrated solutions connect your POS system with the card reader to accept payments. The total purchase amount is pushed to the card reader for payment, so no rekeying is required, which helps minimize human error and saves time. Once a payment is approved, a combined receipt is available and includes the items purchased and payment details on one receipt. With this option, payment card data passes through the merchant's POS system so the POS system needs to be PCI compliant.
Semi-Integrated – If you want to keep payment card data separate from your POS system, then a semi-integrated solution may be an option. With this option, your POS system is connected to the card reader, like the fully integrated option, so the total purchase amount is pushed to the card reader for payment, no rekeying required. The difference is that it routes the payment authorization and settlement data directly from the card reader to the payment processer, removing PCI payment card data from entering the Merchant's POS system.
Non-Integrated or standalone – This solution may be the best fit for business owners who want a simple solution or like to do it themselves. With this option, the POS system or cash register is not connected to the card reader so employees need to ring up customers at the POS and then manually enter the sale amount into the card reader. It is easy to implement but increases the chance of human error, and creates a longer, less efficient check-out experience.
Which credit cards and payment methods can my customers use?
Accept all major types of card payments with TD!
TD accepts all major types of card payments including: Visa*, Mastercard®, Discover®, American Express®, UnionPayTM, and Interac® as well as mobile wallets including Apple Pay®, Google PayTM, Alipay® and WeChat PayTM.
What about fraudulent payments?
Protecting your business and your customers is essential. TD and Clover solutions include features and tools that help support secure payment processing and reduce the risk of fraud.
We also provide resources and guidance to help you identify suspicious transactions and better understand how to protect your business.
Are there other ways TD can support my small business?
Yes. Many.
Beyond payments, TD offers a range of business banking solutions to help you manage and grow your business.
Here are some of our additional offerings that help you manage your business.
- Open a Small Business Account and receive unlimited TD Merchant Solutions deposits into your TD Business Banking account at no additional cost.
- Get a TD Business Credit Card to access premium rates and rewards.
- Explore TD’s Small Business Resource Centre to get a sense of your big picture.
- Talk to a TD Advisor for when you need a second opinion or some outside expertise.
*TD Canada Trust has ranked #1 in Customer Satisfaction with Small Business Banking.
Legal: For JD Power 2022 award information, visit jdpower.com/awards
Whatever your business banking needs, TD can provide advice and services to help you along the way.
How do I get set up?
Whether you’re setting up a TD Clover device or online payment solution, our team will help you choose the most effective solution for your business, Just follow a few simple steps.
- Book an appointment
- Meet with a TD Merchant Solutions Business Development Specialist
- Apply
- And if approved, setup your installation visit
Just click, call, or have TD call you back and we’ll help you choose the right payment solution for you. Whether it’s an in-person visit to set up your merchant terminal or a digital setup to get you sorted on the TD Online Mart, TD is here to get you up and running.
Get in touch
Footnotes:
1. The 4-hour on-site replacement service is available seven (7) days a week (except Christmas Day) between 8 am and 8 pm local time, in most major centres, subject to the Merchant making available a representative to coordinate with the field technician and receive the replacement device. Any replacement request submitted at 4 pm local time or later may be completed the following day. On-site installation does not apply to e-commerce solutions.