With this acquisition, CT-Payment re-enforces its leading position in
the Canadian payment processing industry.
REPENTIGNY, QC, Feb. 3 /CNW Telbec/ - Denis Savard, CT-Payment's CEO and
founding President, the largest independent payment processing company
in Canada, is proud to announce the acquisition of CPSN-RPVQc, a
Quebec-based company specialized in providing payment solutions to
independent merchants (ISO) and, at the same time, the nomination of
Mr. Robert Rioux, founding President of CPSN-RPVQc, as Vice-president,
Business Development of CT-Payment.
"This transaction is an opportunity to integrate CPSN's products and
services to CT-Payment's portfolio and to join together complementary
competencies and expertise in the credit and debit card payment
solutions. This alliance will strongly benefit the clientele of both
organizations", says Mr. Denis Savard.
Mr. Robert Rioux indicates that "… for CPSN's clients, this transaction
means that they will now be integrated to CT-Payment's network with the
benefit of an optimized service and the reliability of CT-Payment's
Therefore, CPSN-RPVQc will no longer work as an Independent Sales
Organization (ISO) but its expertise in this field will allow
CT-Payment to better serve all its clientele. The synergy this alliance
brings will provide multiple benefits to all CT-Payment's ISO, large
merchants or independent merchants:
Access to a new and exclusive POS terminal, EMV certified, called Evolution. It allows payment with credit and debit cards, and will soon be
offered with a « contactless » option. It integrates all communication
protocols (dial-up, IP, GPRS, Wi-Fi) and works in stand-alone or
Access to a new transaction management tool for merchants, through a
personalized secured website.
Access to new products, such as the "Virtual Terminal", ideal for
micro-enterprises and those making sales over the phone.
Access to a gift-card program integrated to the Evolution terminal, that
can be managed remotely or directly by a merchant.
Access to a loyalty program with in-store redeemable points through the
And all the advantages for merchants of using a payment processor
independent from financial institutions, allowing CT-Payment's partners
and clients to be more competitive on the market.
About CT-Payment Inc.,
Born from Central Tax Inc., CT-Payment Inc evolves mainly in the credit
and debit card payment processing solutions, and in the field of
electronic payment and management of property tax accounts. Because of
its independence from Canadian financial institutions and acquirers,
CT-Payment aims at changing the rules on the Canadian electronic
payment market in favour of merchants and retailers. For more
information, visit: www.ct-payment.com
SOURCE CT-Payment Inc.
For further information:
Director, Marketing and Communications
534, Notre-Dame St., Suite 240
Repentigny, QC J6A 2T8
Telephone: 514.316.8293 / 877.341.8293