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Cardstream® partners with Moneris to enable their payment facilitation services in Canada

March 11, 2025 | London, U.K. and Toronto, ON, Canada

About Moneris

Moneris is Canada's leading commerce solutions provider, helping businesses of all sizes sell more, serve customers better and operate more efficiently. Moneris has powered Canadian commerce for more than 25 years. Today, Moneris helps businesses accept and manage payments at over 325,000 points of commerce, representing one in three transactions across the country.

Moneris offers ecommerce and omnichannel solutions, point-of-sale hardware and software, integrated business tools and data and insights, all backed by secure payment acceptance across in-store, online and mobile environments. As the only major provider in Canada with an in-house national Field Services team, Moneris ensures businesses are supported when and where they need it, through on-site installation and maintenance coast-to-coast-to-coast, and 24/7/365 support.

Headquartered in Toronto, with offices in Sackville, Montreal, Quebec City, Calgary and Burnaby, Moneris serves businesses of all sizes across industries and regions nationwide.

For more information, visit moneris.com.

Media contact: [email protected]

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.