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Feature Stories North America Paytech

Canadian Payments Market Takes Giant Steps With New Products and Partnerships

It is imperative that businesses recognise consumer payment preferences in order to be successful. Canadian organisations have shown they are aware of this trend. They’ve launched new services and announce partnerships to help them achieve ultimate consumer satisfaction. 

Clik2pay announces bank payments for Shopify stores

Canadian payments service provider Clik2pay has developed an application which allows any Shopify store to offer a direct-from-account payment option to customers.

The first business to use the new app on Shopify is popular eyewear company Ollie Quinn, which successfully went live with Clik2pay this month. Ollie Quinn and other businesses are now able to offer their customers an option to pay directly from their bank accounts. This is instead of needing to rely on credit cards for their online purchases. When using Clik2pay, payments are completed safely and securely using Interac e-Transfer, a money transfer system.

Mike Bradley, founder and CEO of Clik2pay
Mike Bradley, founder and CEO of Clik2pay

Clik2pay is the first in Canada to deliver real-time payments to businesses that are completed securely and directly from the customer’s own bank account. With Clik2pay, businesses can increase their customer base by opening online payments to the millions of Canadians who don’t have credit cards, and reduce payment processing fees by up to 50 per cent. Research data shows that more than 40 per cent of Canadians prefer to pay from their bank account.

“Customers love paying by debit card in-store. Now businesses can give them the same experience online by accepting Clik2pay,” said Mike Bradley, founder and CEO of Clik2pay.

“Adding the new Clik2pay app to a Shopify store is as simple as drag and drop. It gives businesses a smooth, fast, and secure process to enable payment from all customers. Not just the ones with credit cards.”

Payments partnership launched with Provincial Credit Union and Clearly Payments

Provincial Credit Union, a credit union in Atlantic Canada, and Clearly Payments, a payment processor based in Canada, have announced a partnership to offer credit card processing and other merchant services to credit union members.

The partnership between the two institutions will offer innovative payment solutions for accepting credit cards online. It will do so at physical storefronts, in offices, and for mobile businesses. Along with payment technology, credit union members will get world-class customer service at low costs.

Credit union members will be able to accept payments in a range of ways and access real-time transaction data. Furthermore, Clearly Payments offers all the hardware and software a business may need for e-commerce, recurring billing, physical point-of-sale, software integrations, credit card machines, and mobile payments.

Chris Farmer, CEO of Clearly Payments
Chris Farmer, CEO of Clearly Payments

“Provincial Credit Union’s use of Clearly Payments is a perfect example of a modern collaboration between a financial institution and a fintech company,” said Chris Farmer, CEO of Clearly Payments.

“This partnership leverages the best of our companies to create a mutually beneficial relationship. We grow our customer base, Provincial Credit Union grows its relationship with its members. Additionally, our mutual customers grow their revenue through our award-winning payment processing services.”

“Clearly Payments’ technology and world-class support have made this joint partnership an easy decision,” said Jason Levy, director of business services at Provincial Credit Union.

“Ultimately, we wanted to find a reliable solution that offered our community-focused members a great payments service with low rates.”


  • Francis is a journalist and our lead LatAm correspondent, with a BA in Classical Civilization, he has a specialist interest in North and South America.

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