INKAS® Payments Corp.

INKAS® Payments Corp.: payment processing for Canadian businesses

INKAS® Payments Corp. is a Toronto-based provider of payment processing solutions and merchant account services. According to its own account, the company began operations in 2010 with the aim of offering these services on a national scale and has since positioned itself within the Canadian market. It describes a merchant portfolio spread from St. John's, Newfoundland, to Vancouver, British Columbia.

The company presents itself as a subsidiary of INKAS® Group in Toronto, a group that it says employs more than 350 specialised team members. INKAS® Payments Corp. operates as an Independent Sales Organization (ISO) of Fiserv Canada Ltd. and is a Registered MSP/ISO of the Canadian branch of U.S. Bank National Association and Elavon.

Payment acceptance across channels

The service catalogue covers the main ways a business can take money from customers, both at a physical point of sale and remotely:

• POS terminals for credit and debit card payments, presented as suited to businesses with high transaction volumes.
• Credit and debit card processing across the major card companies, with the stated aim of reducing merchant processing fees.
• Online payments for e-commerce stores, supporting a range of major payment methods.
• In-store and mobile payments, allowing transactions to be taken on the go.

Lowest Rate Promise™ and fee transparency

Central to the company's commercial offer is its Lowest Rate Promise™, which it backs with a guarantee to match or beat any competitor's rate. The company states that business owners can save up to 40% on processing fees under this commitment and that no hidden fees apply. It also offers a free rate analysis, described as a starting point for reviewing a merchant's current fee structure before an account is set up.

The company frames its activity around transparency in payment processing fees, with the stated goal of helping clients understand how their fees are structured and lower their rates. Its internal CISS mandate — Creativity, Innovation, Stability and Support — is cited as the framework for developing custom solutions for clients that require a tailored approach.

Business management tools beyond payments

Alongside payment acceptance, the company lists a set of integrations and operational functions intended to support day-to-day management of a merchant business:

• Inventory management.
• Reporting and analytics.
• Sales forecasting.
• Customer retention tools.
• Employee management.

Sectors served

The company organises its offer around several client profiles: retail stores, restaurants, hospitality services and e-commerce businesses, while indicating that its solutions extend to other sectors as well.

Recognition cited by the company

The site lists several distinctions: a 2023 CanadianSME National Business Awards® win for excellence in data privacy and security, a 2024 finalist place in the same awards for small business of the year, and a 2021 Stevie® award for sales and customer service. These are presented as the company's own awards record.

Support and consultation

The company offers prospective clients the option to book a call with an agent, stating that no question is too small or too large. Its published contact line is 1 (877) 382-4852, and the site is available in English and French.