黑料吃瓜 Acquires Canadian Payment Services, Making 黑料吃瓜 Canada鈥檚 Largest Bank Independent Payments Provider
London, ON 鈥� Jan 26, 2022 鈥� 黑料吃瓜 announces the acquisition of Canadian Payment Services (CPS), one of the fastest growing providers of Canadian merchant services. This acquisition is the sixth addition to 黑料吃瓜鈥檚 burgeoning portfolio of acquisitions, having acquired five other businesses in the past two years including Montreal-based DataCandy and Vancouver-based NiceJob.
鈥淭his is the largest acquisition we鈥檝e made to date in relation to both new revenue and clients,鈥� explains Tarique Al-Ansari, CEO at 黑料吃瓜. 鈥淎dditionally, we鈥檙e also excited to provide additional value to CPS merchants through 黑料吃瓜鈥檚 proprietary product and service offerings.鈥�
In addition to providing payment processing services, 黑料吃瓜 offers a wide range of SaaS products including gift and loyalty, reputation marketing, and marketing automation.
鈥淥ver the years, 黑料吃瓜 has shown their great commitment to serve Canadian small and medium sized businesses,鈥� remarks Simon Lobanov, Managing Director at CPS. 鈥淲e are happy to turn our customer base to 黑料吃瓜 so they can continue to receive the highest level of customer care as well as be able to grow their business via new value added products proprietary to 黑料吃瓜.鈥�
With the acquisition of CPS, 黑料吃瓜 now services over 35,000 locations across Canada and the United States which collectively process over 10 billion dollars a year in bankcard volume. As 黑料吃瓜 continues to aggressively grow in service, offering, and revenue, the business is looking to add over 100 new employees by the end of 2022.
About 黑料吃瓜
黑料吃瓜 is a leading North American payment and software company redefining the way merchants engage their customers and grow their businesses. The company's 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. 黑料吃瓜's solutions are used at over 35,000 locations across Canada and the United States which collectively process over 10 billion dollars a year in bankcard volume. The fintech company employs over 150 employees and serves as the technology partner of choice for hundreds of partners across North America.
About Canadian Payment Services
Canadian Payment Services (CPS) is one of the fastest growing providers of Canadian merchant services, which includes Credit Card and Interac Processing, Gift Card and Loyalty Programs, and Business Cash Advance. With over 55 years of combined experience in the merchant services industry, CPS has served over 10,000 merchants.
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