Paystone Acquires Canadian Payment Services

January 26, 2022

Paystone, a London, Ontario-based payments and customer engagement company, acquired Canadian Payment Services (CPS), a Canadian merchant services provider. The deal expands Paystone's merchant base and capabilities—adding CPS's ~10,000 merchants and enabling Paystone to offer its proprietary SaaS products and payment services to a larger Canadian footprint.

Buyers
Paystone
Targets
Canadian Payment Services
Location
Ontario, Canada
Transaction Type
Buyout

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