PSP Services
PSP Services: Comprehensive Payment Solutions for Modern Businesses
Overview
PSP Services is a Canadian payment service provider based in Vaughan, Ontario. It offers an integrated payment system for both online and in-store merchants. By combining payment gateway technology, point-of-sale systems, integration tools, and full support, PSP Services helps businesses accept electronic payments worldwide with minimal hassle.
The platform caters to a wide range of industries, including retail, hospitality, trade professionals, and non-profits. This allows businesses to create seamless commerce experiences across eCommerce, physical point-of-sale, and mobile channels.
Access to their platform is free. PSP Services uses a transparent pricing model based on transaction processing fees instead of fixed monthly costs.
Key Features & Capabilities
Payments & Multi-Channel Support
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Full payment gateway support spanning card payments, e-wallets, ACH/bank transfers, recurring billing, and mobile checkouts.
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Seamless eCommerce integration via APIs and plugins that connect with major shopping platforms, enabling merchants to embed checkout flows and manage transactions centrally.
Point-of-Sale (POS) Systems
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PSP Services offers a custom POS system tailored for restaurants and retail locations, combining hardware (terminals, card readers) with software for order management, inventory, and reporting.
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Ideal for merchants seeking integrated in-store and online experiences under a unified dashboard.
Integration & Accounting Tools
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Plug-and-play connectors for accounting software, automated settlement reconciliation, and reporting dashboards to help businesses streamline financial operations.
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API support enables embedding of payment flows and connectivity with ERP or CRM tools.
Multicurrency & Global Commerce
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Offers multi-currency processing, allowing merchants to accept payments in different currencies and settle into preferred bank accounts — supporting international reach and reduced currency risk.
24/7 Bilingual Technical & Concierge Support
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Provides round-the-clock concierge support, available 24/7/365, in both English and French—all handled by live staff, reducing merchant wait time and support frustration.
Industries Served
PSP Services tailors its solutions to:
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Retail merchants
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Hospitality businesses (restaurants, hotels)
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Trade professionals
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Non-profit organizations
Each industry is supported with specialized tools like customized POS systems, payment workflows, and accounting integrations.
Compliance and Security
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PSP Services operates as a registered ISO/processor of Equitable Bank in Canada.
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Maintains compliance with PCI DSS industry standards and handles the regulatory burden on behalf of merchants.
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Ensures secure handling of sensitive transaction data, including encryption and tokenization workflows.
Benefits for Merchants
Quick Onboarding & Aggregated Merchant Account
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Merchants can get up and running rapidly via access to a shared merchant account—eliminating complex underwriting processes.
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This model reduces setup barriers and time-to-revenue compared to dedicated merchant accounts.
Scalability & Global Reach
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PSP Services supports scaling merchants with multi-channel capabilities—from online stores to physical locations—without needing separate platforms.
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Multi-currency payment support paves the way for international expansion and cross-border trade.
Transparent & Predictable Pricing
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Revenue is based on pay-as-you-go processing fees. Merchants avoid monthly subscription commitments or hidden setup fees.
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PSP Services is well-suited for small and mid-sized businesses seeking predictable costs with robust functionality.
Integrated Omnichannel Sales
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With unified eCommerce, in-store POS, and mobile payment tools, businesses can offer consistent brand experiences across channels.
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Merchants obtain consolidated reporting across channels, simplifying business analysis and decision-making.
Reliable, Live Support
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Their concierge-style, bilingual technical support delivers personalized help at any time.
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This human-centric approach helps merchants resolve issues rapidly, especially during peak times or critical transactions.
Conclusion
PSP Services is a complete solution that provides everything a merchant needs, including payment acceptance for online and in-store transactions, a custom POS system, easy technical integrations, multicurrency handling, and reliable support around the clock.
Frequently Asked Questions about PSP Services
What is PSP Services?
PSP Services is a Canadian-based payment service provider offering an integrated platform for online and in-person payment processing. It supports card payments, ACH, e-wallets, recurring billing, and provides merchants with POS systems, APIs, accounting integrations, and 24/7 bilingual support.
Who can use PSP Services?
PSP Services is designed for small and mid-sized businesses in retail, hospitality, non-profit, and service industries. It supports merchants looking for flexible, multi-channel payment solutions without the burden of monthly fees or complex integrations.
Does PSP Services offer point-of-sale (POS) systems?
Yes, PSP Services offers tailored POS systems for retail and hospitality businesses. These systems combine hardware and software for in-store transactions, inventory tracking, and centralized reporting—perfect for merchants operating both online and offline.
Is there a monthly subscription fee for PSP Services?
No, PSP Services uses a pay-as-you-go pricing model. Merchants are only charged processing fees based on their transaction volume, with no fixed monthly costs or hidden setup fees.
Can PSP Services support international payments?
Yes, PSP Services enables merchants to accept payments in multiple currencies and settle into preferred bank accounts. It supports cross-border acquiring and helps businesses reduce currency risk while expanding internationally.
What kind of support does PSP Services offer?
PSP Services provides 24/7/365 live bilingual support in English and French. Their concierge-style service ensures fast, personalized assistance—especially valuable during high-volume periods or critical business hours.
Is PSP Services PCI compliant?
Yes, PSP Services is fully PCI DSS compliant. It ensures the secure handling of sensitive data using encryption, tokenization, and fraud prevention tools. Merchants can rely on PSP Services to maintain compliance standards and mitigate risk.
How fast can I start accepting payments with PSP Services?
Merchants can onboard quickly thanks to PSP Services’ aggregated merchant account model. This reduces underwriting time and enables businesses to start accepting payments faster than traditional merchant setups.
Does PSP Services support recurring billing?
Yes, PSP Services supports recurring billing, making it ideal for subscription-based businesses, non-profits, and service providers that require automated, scheduled payments.
Can I integrate PSP Services with my existing eCommerce or accounting platform?
Absolutely. PSP Services provides robust APIs, plug-and-play connectors, and integration tools for major eCommerce platforms and accounting systems. This allows merchants to streamline operations and maintain centralized control of their payment flows.