Are you from Ontario?
Have you opened your credit card statement and seen MTO RUS-SO eChannel Downsview ON?
If you’re confused about where it came from and what it means – you’re in the right place.
We’ll explain everything about it and similar deciphered codes regarding credit card charges.
What Is an MTO RUS-SO eChannel Charge?
You know that your credit card transactions appear on your statement, along with the date, place, and the merchant’s name on which your payment was made.
So, it’s a red flag when you see a strange charge with odd abbreviations, which you can’t even remember making in the first place.
But that’s not the case now.
The MTO RUS SO eCharge is legit since the Ministry of Transportation in Ontario charges it. Furthermore, this charge was first reported to appear in credit card reports in December 2014.
You may find this relevant: Best Canadian Credit Cards
On the other hand, it’s only reasonable for the Ministry of Transport to have your credit card details. This is because it regulates transportation, from road safety to vehicle registration.
What’s more, you can look at this charge as a reminder note that your driving license is about to expire, or it has already.
Otherwise, think about it. Would you be ready to pay the higher cost if you get a fine for an expired driving license (from $200 to $1.000)?
MTO License Renewal
Province laws in Ontario are pretty straightforward. They state that each driver must renew their existing driver’s license. Bare in mind that you might not be able to renew it in case of a suspension/ cancellation.
Don’t panic – if a year hasn’t passed since the expiration date, you’ll only have to pay a fee for renewal. If there’s more than a year to it, you’ll have to take the vision test, at least.
That said, renewing your driving license is only $90 – this cost refers to 5 years. And, if the renewal isn’t for a full five years, there will be a different cost.
The best and most convenient is that the entire process can be done online. Though, not everyone is eligible to use the online service for driving license renewal.
These are the conditions to be eligible for an online driving license renewal:
- Own a full G/ M/ GM license – that hasn’t been suspended/ cancelled.
- Haven’t changed your address in the previous 90 days.
- Don’t need to take any tests.
- You don’t suffer from medical conditions that interfere with your driving ability.
- There aren’t any outstanding penalties/ fines under your name.
Attention: Those with combo class licenses (G1M/ G2M/ GM1/ GM2) must know that only the full portion is eligible for online renewal.
Once you pass these, enter your driving licence’s number, postal code, and the 7-digit number from the back of your license. After you submit all the information, you’ll get your renewed driving license through the mail in four to six weeks.
You’ll have to personally go to the closest Ontario Service Centre to apply for a renewal in special circumstances. For example, if your driver’s license was invalid for over a year before March 1, 2020, you won’t be able to renew it online.
What is a CPC SCP Charge?
CPC/SCP stands for ‘Canada Post Corporation/Société Canadienne des Postes.’ In fact, this is the merchant category (MCC), of the Canadian Post Corporation.
When you notice the CPC SCP eCommerce Ottawa (CPC/SCP) charge on your credit card, recall any recent payments you’ve made in one of the 6.200+ postal offices across Canada.
Following CPC SCP Canada’s standards and regulations, this code doesn’t show up only when sending something. It can also appear when you receive a big package or something similar.
These are the Canada Post Corporation’s basic services:
- Transaction of mail services (sending/ receiving);
- Direct marketing services for small companies;
- Post office banking services;
- Government and money services;
- Domestic parcel service;
- Stamps and coins for collectors.
- These are only some of the services the Canada Post Corporation offers its clients. Let’s see what other charges exist.
What Are The iATS LLC Charges?
iATS LLC (International Automated Transaction Services) is a payments processing platform founded over two decades ago. It specializes in working with nonprofits and catering to their needs.
Nonprofit organizations have different ways of working and collecting funds for a noble cause.
That said, iATS Payments was designed to allow nonprofits to accept and transfer funds more easily. This is done by minimizing high conversion rates and transfers from various accounts in different places around the globe.
Their online form allows nonprofit organizations to quickly receive donations, especially those made via online donation forms. Moreover, they accept various payment methods (major credit/ debit cards, ACH, and international transactions).
In a nutshell, this payment processing tool is used to simplify the donation process by collecting diverse donation types. Additionally, nonprofits feel secure knowing iATS ensures all donations/ transactions arrive in the single account of the nonprofit organization.
Thus, if you see these charges on your credit card statement, think about the last time you clicked the ‘donate’ button.
You may find this article relevant: What is a Purchase Interest Charge?
Other Important Charges in Canada
From the mentioned above, it’s clear that the main confusion is what certain charges on your credit card statement in Canada mean. And, we found out these charges are due to the existence of merchant category codes.
Furthermore, these abbreviations are usually given to government bodies or international companies when doing business in Canada.
So, we decided to present you with a detailed table to better understand these “unfamiliar” transactions/charges – and spare you from thinking it’s data/account breach.
Have a look at it.
|Merchant Abbreviation||Full Merchant Description|
|(A – C)|
|AGF MTF||AGF Mutual Funds|
|AHC||Alberta Health Care|
|AIP/RAA||Automobile Insurance Plan|
|AQUA FINANCE LOAN||Water softener products etc.|
|ARCH TRANSCO||Taxi company with portable internet access|
|BCLC||BC Lottery Corporation|
|BDP*||Business Development Program of Canada|
|BDP*||BC Student Loan|
|BIPI||Brownstone Investment Planning Inc. (CIMC)|
|BLC/LBC MSP||Banque Laurentian Du Canada/ Laurentian Bank|
|BPI||Balance Protection Insurance|
|BPY/FAC||Bill Payment (Phone, Hydro, Cable, Fuel, Utility)|
|BUS/ENT||Business Pre-Authorized Payment|
|*<Customer’s First and Last Name>* MSP||Transaction from Paypal where a previous debit attempt was unsuccessful|
|C*<Any 5 digits after the C>*||Shell Gas Station|
|CA||Credit Application (1-888-283-1055)|
|Canada FED||Energy Rebates from the Government of Canada|
|Canada FPT||Government Deposit|
|Canada GSL||Canada Government Student Loan|
|Canada LP_v||Cogeco Cable|
|Canada PRO||Working Parent Family Bonus|
|Canada RIT||Return Income Tax/Tax Return Refund|
|CBC||Canadian Bonded Credit (1-866-830-7434)|
|CDC/CCL||Canadian Dairy Commission|
|C.D.T.C INC MSP||Visa Desjardin|
|CFS/PFC||Canadian Forces Superannuation|
|CHQ #00000 W/ AMOUNT 41.73||Curves for Women fitness club|
|CM 888-505-5426 BUS||‘Cash Money’ store|
|COT||Cotis Frequency Contributor (Edward Jones)|
|CPC/SCP||Canada Post Corporation|
|CPP/RPC||Canadian Pension Plan|
|CRS||Cutter Recovery Services 1-866-483-5024 x2237|
|CSC Fee||Curzon’s Management Associates Inc.|
|CSLP GSL||National Student Loan Services Center|
|CSP||Canada Savings Bond|
|CST||Canadian Scholarship Trust|
|CT2 CMS||Pay Day Loan Store|
|CTC/CIE||Child Tax Credit|
|CTFA||CT Financial Assurance (TD Insurance,)|
|CVS||Cheque Verification System|
|(D – L)|
|DEB/DEF||Institution in Default|
|DEML||Atco Gas/Direct Energy|
|DERS BPY or MSP||Direct Energy Regulated Services|
|DCSERVICESCANADA||Daimler Chrysler of Canada|
|DFS ASS||Desjardines Fin. Secur|
|DIV/DVD||Dividend (Common or Preferred)|
|EAA/AAE||Employment Assistance Allowance|
|EJ Fee/Fraise MSP||Edward Jones Investment Company|
|FMEP BC MSP||Family Maintenance Enforcement Program (Child Support)|
|FPT||Combined Federal and Provincial Tax|
|FSP/ROF||Family Support Plan|
|F.S.S.T CST||Worker’s Compensation (in Quebec)|
|F.S.S.T CST||Pay Day Loan Store|
|GAINSTPS MSP||Ontario Guaranteed Annual Income System|
|G.E.T.F MSP/REP||Global Education Trust Fund|
|GLS/ETU||Government Student Loans|
|GS Canada||Green Line Service Canada|
|GST/TPS||Goods and Services Tax|
|HAC||Hamilton Auto Corp.|
|HCFI||Honda Canada Finance|
|HDC/SDR||Health/Dental Claim Insurance|
|HHL – PIA MSP||Halifax Herald newspaper|
|HRD/DRH||HRDC – Training|
|IA-PAC MSP||An RESP company|
|IAP/PAI||Internet Access Payment|
|ICM MSP||Pay Day Loan Store|
|INS LOC||Line of Credit Insurance (1-888-983-7070)|
|INS/ASS||Insurance (Life, Auto Property, Mortgage, Casualty)|
|ISB/PSR||Income Security Benefits|
|KCI CMS||King Cash Investments CMS|
|L&M(BLOOR)MSP||Long & McQuade Ltd (Bloor)|
|LNS/PRE||Loans (Personal, Farm, Home, Term Insurance)|
|LPP/PDL||Lottery Prize Payment|
|(M – S)|
|MBFSCC||Mercedes Benz Financial|
|MFC||McKenzie Funds Corp (Mutual Fund)|
|MFC (Followed by digits)||Manulife Financial Benefits Deposit|
|MFC TDAET10201 MSP||Manufacturers Life Insurance (Health Spending Account Claims)|
|MFQ||Quebec Child Tax Credit|
|MFQ/SAE||Ministry of Finance (Quebec EI)|
|ML CMS||Maple Leaf Loans|
|MOGO||Money on the Go (Calgary)-Similar to Money Mart|
|MRQ||Ministre Revenue de Québec|
|MTG/HYP||Mortgage (Residential, Commercial, Farm)|
|MTO RUS-SO ECHANNEL||Ontario Ministry of Transportation|
|MTO RUS ECHANNEL||Ontario Ministry of Transportation|
|NCB (UCFS)||National City Bank (UCFS)|
|NCO DIN SER MSP||collections agency|
|NCO FIN SER||APEX Item – Could be a charge from a third party|
|NOR.CAN.EVAN.MI MSP||Charity Deposit|
|NSLSC||National Student Loan Services Centre|
|OAS/SV||Old Age Security|
|OF/IA||Offences and Fines|
|OLG||Ontario Lottery and Gamin|
|ON *Online||Old Navy|
|ONLINE – BR||GAP and BANANA REPUBLIC|
|ON MSP||Honda Canada Finance|
|PAP REJECTED||TD Visa PAP rejected|
|PC # _____ –||Price Chopper stores|
|PC Mastercard||President’s Choice Mastercard|
|PDL||Pay Day Lenders|
|PEN/PEN||Federal Provincial or Private Pension|
|PFB/PFA||Provincial Family Benefits|
|PFC Fee||Premier Fitness Club|
|PFS||Primerica Financial Services|
|PHC||Provincial Housing Corporation|
|PHC/FAM||Provincial Health Care Premium|
|PLAN ADMIN FEE / TDWIS FEE||TD Waterhouse Annual Fee|
|PPSA||Personal Property Security Assurance|
|PSC Fee||Premiere Health Club|
|PSS/PFP||Public Service Superannuation|
|RCL CHEQUE FEE||Royal Credit Line Cheque Fee|
|RCSS||Real Canadian Superstore|
|RIF/FRR||Retirement Income Fund|
|RIT||Return Income Tax/Tax Return Refund|
|RLS/LOY||Rent (Residential, Commercial, Equipment, Automobile)|
|RPM MSP||Honda Canada Finance|
|RSC||Regency Sports Club|
|SCU MSP||Servus Credit Union Ltd.|
|Social Development Canada||Collection Agency for the government of Canada|
|SPL Loan||Scotia Bank Loan (SCOTIA PLAN)|
|SRP/RDC||Spousal RSP Contribution|
|(T – Z)|
|TDSB||Toronto District School Board|
|The Cash Store||Payroll Loan|
|THS||Toronto Humane Society|
|TM CANADA INC||Ticket Master|
|TMSL VR||Trilogy Management Services|
|TOR HYD ELECT||Toronto Hydro|
|TXD/DIM||Debt CCRA Government of Canada|
|UCFS||National City Bank|
|USC||University Scholarships of Canada (RESP)|
|VA/AAC||War Veteran’s Allowance|
|WBP/CE||Water Bill Payment|
|WCB/CST||Worker’s Compensation Board|
|WSPA||World Society Prevention Animals|
|WU *<confirmation #>*||Western Union|
|YIG||Your Independent Grocer|
*The table was taken from TD Bank’s official site.
Note: If any of the listed abbreviations don’t match what you’ve received on your credit card statement – it’s time to alert your bank and let them look into your recent purchases.
As you can see, not all abbreviations in your credit card statement are alarming.
There are numerous important charges in Canada, and we’ve listed all, though explaining just a few. Moreover, you’ll no longer be confused about the MTO RUS-SO eChannel charge and where it comes from.
In such a developed community of international AND digital transactions and payments, these abbreviations/codes help ease the transactions.
So, next time you’re worried about an uncertain purchase or a shady merchant appearing on your report – don’t be. Instead, return to this article and check our list of transaction abbreviations.
This abbreviation is the merchant category code assigned to the Ministry of Transport in Ontario – Road User Safety.
It might sound like a fraudulent transaction, but it isn’t. This is an actual charge for upcoming driving license renewal for citizens of Ontario.