ACH Payments is expanding its payment-processing services to Canada to satisfy its U.S. merchants that have Canadian customers, marking the company’s initial foray into Canada.
At first, Albany, N.Y.-based ACH Payments will offer only credit and debit card processing services in Canada, Wayne Akey, company president, tells PaymentsSource. Many ACH Payments merchants use the company’s services to manage recurring billing operations.
“This is completely driven by our vertical partners,” such as alarm-monitoring services, Akey says. “They have established U.S. presences but have Canadian customers who they want to be able to bill efficiently.”
Akey expects to extend check acceptance to Canada after ACH Payments has completed the software to do that. Canada’s checking system differs greatly from the U.S. model, requiring more development time, he says.