London, UK and Toronto, ON, Canada – March 1, 2025 – Cardstream Group, the UK’s largest independent provider of white-label payment processing and gateway services, today announced a strategic partnership with Moneris Solutions Corporation (“Moneris”), a Canadian leader in innovative payment processing solutions. This collaboration combines Cardstream’s advanced payment facilitation technology with Moneris’ extensive market reach and expertise, enabling both organizations to expand their presence and integrated offerings in the Canadian market.
Through the agreement, Moneris will offer a powerful payment facilitation solution to its partners across Canada, giving Independent Software Vendors (ISVs) and other partners the ability to embed Moneris’ payment services into their platforms while leveraging Cardstream’s modern PayFac-as-a-Service infrastructure. The partnership is designed to simplify onboarding, compliance, and settlement processes, helping partners launch and scale payment-enabled solutions more quickly and efficiently.
Adam Sharpe, CEO of the Cardstream Group, said, “Our partnership with Moneris marks an exciting step in our international growth strategy. Canada represents a dynamic and rapidly evolving market for payment innovation, and we are thrilled to have been chosen by Moneris as its technology provider.”
“Moneris is pleased to work together with Cardstream to bring enhanced PayFac capabilities to our partners,” said a Moneris spokesperson. “By combining Moneris’ deep understanding of the Canadian payments landscape with Cardstream’s flexible technology, we can help our partners deliver more seamless, integrated commerce solutions, beginning in the second quarter of 2025.”
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Toronto, ON, Canada
KEY TAKEAWAYS
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The agreement offers a powerful payment facilitation solution to its partners across Canada
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First of its kind agreement
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Partnership is designed to simplify onboarding
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By combining Moneris’ deep understanding of the Canadian payments landscape with Cardstream’s flexible technology
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.
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