Is your provider not respecting the Code? Soon to come: Dispute resolution process implemented through the Financial Consumer Agency of Canada.2016: For contracts ending after February 12, 2016, automatic renewals roll over only at 6-month intervals. 2015: Any interchange rate reduction promises by card brands apply new mobile and contactless contracts come under the Code a merchant can give a 90-day notice of non-renewal at any time for a contract whose term ends on or after April 13, 2015.2013: 90-day penalty-free exit from any contract, including any related contract signed on or after November 12, 2013, with notice of increased fees or rates.Since its initiation, CFIB has successfully lobbied to have more rights for you added to the Code: Along with outlining the expectations and limitations of merchant services providers, such as CHASE Paymentech, Moneris, and Global Payments, it solidified your rights. The Credit Card Code of Conduct, created in 2010, was a momentous occasion for merchants in Canada.
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