Paystone (formerly Zomaron)

About Paystone (formerly Zomaron)

Paystone, formerly known as Zomaron, is a bank-independent payment processor located in the Longwoods neighbourhood on Wonderland Rd South in London, Ontario. The company serves businesses of all sizes across Canada, providing solutions to help them accept payments and manage customer growth. The company offers a variety of payment processing solutions for both in-person and online transactions. These include a payment gateway, virtual terminals for internet-connected devices, hosted payment pages, online invoicing, and recurring payments for automated subscriptions or installments. For in-person sales, they provide debit and credit card processing using various terminals. Their service features include next-business-day deposits, real-time reporting for transactions and disputes, and fraud prevention tools. Additionally, through its family of brands, Paystone offers reputation marketing, gift card technology, and loyalty programs. Founded in London in 2009 as Zomaron, the company has grown into a major industry leader. It was recognized in the Startup 50 in 2011 and was among the first in Canada to introduce contactless NFC transactions in 2013. The business underwent a rebranding to Paystone in 2019 and has since expanded through several strategic acquisitions, including DataCandy, POS West, NXGEN Canada, NiceJob, CPS, and Ackroo. The company has been recognized on the Deloitte Technology Fast 50 and the Deloitte Technology Fast 500 for its rapid growth in North America. Paystone provides free guided setup and free hardware shipping across Canada. They offer transparent pricing without contracts and provide a web-based interface for account management.