Paystone is a leading North American payment and software company redefining the way merchants engage their customers and grow their businesses. Our seamlessly integrated suite of automated payment processing, customer loyalty, gift card solutions, and now reputation marketing, is used by brands such as Irving Oil, The Source, Global Pet Foods, Kernels Popcorn, and many of the MTY Food Group's restaurant brands.
We help our clients create better experiences for their customers, and in turn, motivating their happy customers to share their experiences with others, our platform creates the momentum for our clients to gain more happy customers.
Some things we have done.
We were first founded in London, Ontario, under the name Zomaron.
Grew our client base.
We made the Startup 50: The Complete Ranking of Canada’s Top New Growth Companies.
Expanded our payment solutions.
We became one of the first Canadian payment companies to provide merchants with contactless NFC transactions.
Hit the $1 billion mark.
We hit $1 billion in gross merchant volume through our portfolio’s annual bankcard processing.
Invested in proprietary tech.
We begin investing in proprietary technology, becoming one of Canada’s first card-present Payfacs and adding a charitable fundraising platform to our product offering.
Rebranded and expanded our business.
We acquired DataCandy, POS West, and NXGEN Canada, rebranded as Paystone, and now serve 25,000 merchant locations and process $10 billion in annual bank card volume.
Received $99M CAD in funding.
Funding secured to support growth strategy, electronic payments, and gift card and loyalty program technology.
Acquired Vancouver-based NiceJob.
We now serve over 30,000 businesses across North America and employ over 150 staff members.
Acquired Canadian Payment Services.
We acquired Canadian Payment Services (CPS), one of the fastest growing providers of Canadian merchant services.