Toronto, Canada – Payroc, a leading global payment processing company, announced the acquisition of SterlingCard, a well-established financial service provider based in Canada. This strategic move strengthens Payroc’s presence in the Canadian market, enabling it to offer a wider range of payment solutions to its clients in the country.
The acquisition of SterlingCard aligns with Payroc’s growth strategy, aiming to expand its reach and diversify its product offerings. With this acquisition, Payroc gains access to SterlingCard’s extensive network and expertise in the Canadian financial industry, allowing it to provide tailored payment solutions that cater to the unique needs of businesses in the region.
“We are excited to welcome SterlingCard into the Payroc family. This acquisition is a significant milestone for us as it enables us to accelerate our growth in Canada, which is a key target market,” said James Oberman, CEO of Payroc. “SterlingCard brings a wealth of experience and knowledge that will enhance our ability to deliver innovative payment solutions to our Canadian clients.”
“Joining forces with Payroc gives us the opportunity to offer our clients a broader range of payment solutions while benefiting from Payroc’s global footprint and advanced technology,” said Sarah Mitchell, Founder and CEO of SterlingCard.
Payroc has a proven track record in the payment processing industry, known for its secure and efficient solutions. With this acquisition, the company aims to leverage its technological advancements, along with SterlingCard’s local expertise, to provide an unparalleled payment experience to Canadian businesses.
This strategic move also enables Payroc to support the growth of e-commerce in Canada, as the country experiences a surge in online transactions. By offering comprehensive payment processing solutions, including integrated e-commerce platforms and secure payment gateways, Payroc and SterlingCard together can empower businesses to thrive in the digital marketplace.
As part of the acquisition, existing SterlingCard clients will benefit from an expanded suite of services and cutting-edge payment technologies. Payroc will work closely with SterlingCard’s team to ensure a smooth transition and provide uninterrupted support to customers.
With its sights set on the Canadian market, Payroc continues to expand its global footprint while reinforcing its commitment to delivering innovative and reliable payment solutions worldwide.
Contact information:
- Payroc: info@payroc.com
- SterlingCard: info@sterlingcard.com