Expanding Market Reach Paystone has established a strong presence across North America with over 25,000 business locations, including prominent brands like Aldo, The Source, and various MTY Food Group restaurants. This broad client base indicates a substantial opportunity to upsell additional payment and customer engagement solutions to existing customers while targeting similar retail and hospitality segments.
Growth Through Acquisition The recent acquisition of Ackroo Inc. for 21 million CAD and the purchase of Cpsmerchants for 99 million CAD demonstrate Paystone's strategic focus on expanding its gift card, loyalty, and payment processing capabilities. These acquisitions broaden their service portfolio, creating cross-selling opportunities for integrated solutions across diverse merchant categories.
Technological Leadership Utilizing a robust tech stack that includes Google Cloud, Stripe, and Node.js, Paystone is positioned as an innovative FinTech firm. This technological foundation can be leveraged to introduce new features such as mobile-friendly payment solutions and advanced customer analytics, attracting tech-savvy businesses seeking seamless digital transactions.
Market Recognition Being recognized on the Deloitte Technology Fast 50 Enterprise Fast 15 list underscores Paystone’s rapid growth and strong market position. Highlighting this success can help in engaging prospects who value proven growth and technological innovation, opening doors for partnerships and larger enterprise clients.
Employee and Culture Enhancement Paystone is actively working on improving its company culture and employee satisfaction, which can translate into better customer service and reliable support for clients. Stressing their commitment to a positive work environment can appeal to prospects looking for long-term, stable partners committed to quality and innovation.