Agreement will enable Moneris to extend payment facilitation services to partners across Canada
London, UK and Toronto, ON, Canada – March 11, 2025 – Cardstream® Group, UK’s largest independent payment technology provider, and Moneris Solutions Corporation (“Moneris”), a leading Canadian commerce solutions provider, have announced that Moneris will leverage Cardstream’s Payment Facilitation-as-a-Service (“PFaaS”) platform to enable its partners to extend their presence and integrated offerings in the Canadian market.
Through the agreement, Moneris will offer a comprehensive platform to its Independent Software Vendor (ISV) and Independent Sales Organisation (ISO) partners, supporting their expansion opportunities within the dynamic Canadian market.
Adam Sharpe, CEO of the Cardstream Group, said “We’ve built a group portfolio of over 150 channel partners who use and distribute our white label FinTech as their own. Our PayFac-as-a-Service platform is the quickest and most versatile way for companies to enter this rapidly growing billion-dollar global marketplace. We are delighted to have been chosen by Moneris as its technology provider.”
“Moneris is pleased to work together with Cardstream, leveraging its leading-edge platform to support our payment facilitation services,” said Patrick Diab, Chief Product Officer at Moneris. “These services will enable ISV and ISO partners to enter the Canadian market or expand their commerce solutions, beginning in the second quarter of 2025.”
Additional Information
Businesses interested in more information about Cardstream’s PFaaS platform can contact [email protected].
For more information about the Moneris’ payment facilitation services, businesses can contact [email protected].
About Cardstream Group
Cardstream is the UK’s largest independent payment technology provider. Cardstream offers a comprehensive, full-stack financial services suite that enables the creation of customised, white-labelled solutions that offer unparalleled freedom, speed, and agility within a complex financial sector. These solutions include Onboarding Verification and Management, Payment Connectivity and Gateway, Transaction Monitoring and Routing, Payment Facilitation and Acquiring. For more information, please visit www.cardstream.com.
About Moneris
Moneris is a leader in Canadian commerce. Processing one in three transactions across the country, we serve businesses of every size and industry. A trusted partner to businesses, Moneris offers innovative solutions for mobile, online and in-store commerce, as well as data-driven insights, value-added services and on-site support. Through these solutions, Moneris is powering commerce in Canada to help transform the way businesses grow and operate. For more information, please visit moneris.com and follow @moneris.
Media contact : [email protected]
MONERIS and MONERIS & Design are registered trademarks of Moneris Solutions Corporation. All other marks or registered trademarks appearing on this page are the property of their respective owners.