Other People’s Recycled News | Nov 21-27

Chip technology gives customers a reason to shop at your business

With Christmas fast approaching, Canadian small businesses would be wise to get chipped. New findings compiled by Moneris Solutions, the largest payment processor, show merchants who process chip card transactions are experiencing far fewer chargebacks related to increased security and fraud detection.

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Be an ember, Lululemon’s leader says

A coach’s job is to ignite the flame and nurture the team’s success, Christine Day tells entrepreneurs. I’ve probably been organized since I was about two,” says Christine Day, president and CEO of yoga-inspired clothing retailer lululemon athletica since June of 2008. “I’m one of those people who just orders things. Part of relaxation for me would be organizing a closet.”

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Flaherty seeks voluntary changes to card fees

Proposed code would level playing field for retailers, finance minister says

Finance Minister Jim Flaherty has proposed a voluntary code of conduct for credit and debit card providers that he says will “level the playing field” for consumers and small businesses.

“This proposed code would promote fair business practices and ensure merchants and consumers clearly understand the costs,” Flaherty said Thursday at Mrs. Tiggy Winkles, an Ottawa-area toy store. “Today is the start of a conversation to be had in the weeks ahead.”

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