PayFacto Payments Inc

PayFacto Payments Inc

PayFacto Payments Inc was founded in 2018 through the merger of B2Billing, CT-Payment, and Supreme Payments. Chairman & CEO Martin Leroux leads the company, which was built from predecessor businesses dating back to 1993 with Central Tax (per the firm). The firm provides payment processing, integrated point-of-sale systems, and e-commerce solutions for hospitality, retail, and small business merchants. Its portfolio includes two flagship POS software products — Maitre'D and Veloce — acquired through the purchases of Posera Ltd. and Resto Finances Inc. in early 2020. PayFacto also acquired iShopFood Inc. (2019) for online ordering technology and NEOPOS Inc. (2023) to strengthen Quebec restaurant coverage. The company operates across Canada, the United States, and the United Kingdom, with offices in Montreal (HQ), Lynnwood, Washington, and Glasgow, Scotland. As of 2023, PayFacto reported processing over $10B in annual transaction volume across 22,000 merchants, with more than 500,000 payment terminals deployed (per the firm). The executive team includes President & COO Frédéric Gascon, CFO Stéphane Morneau, CPO Karen Cox, and EVPs Denis Robert and Danny Roy. The firm maintains a philanthropic partnership with the 24h Tremblant athletic event, for which it is the official payment solution through at least 2028. PayFacto's structural differentiator is its vertical integration: it owns both the payment processing rails and the POS software used by its core hospitality customers. This dual position — processor and software vendor — creates switching costs and lets it offer bundled pricing that independent POS providers and payment-only gateways cannot easily match.