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Short answer
On 10 August 2026 Moneris said Bank of Montreal and Royal Bank of Canada had agreed to sell it to Francisco Partners, and that the sale had not closed. Helcim Inc. is a Canadian corporation with a Calgary head office and a Delaware subsidiary. Nuvei’s 15 November 2024 completion note says Neon Maple Purchaser Inc., formed by Advent International, owns the company, with Advent at about 46 percent and Canadian shareholders Philip Fayer, Novacap, and CDPQ holding the rest. Stripe, Square, PayPal, and Clover are foreign.
Stripe, Square, PayPal, and Clover are the processors many Canadian businesses compare first. Stripe, Block (Square), PayPal, and Fiserv (Clover) are US companies on the pages cited below. They can still be used in Canada.
Moneris, Helcim, and Nuvei are the Canadian-headquartered processors in this table. Ownership is not the same thing as a Canadian head office. Read the ownership cell before you treat a brand as Canadian-owned.
Verdicts use the digital services rubric, not the grocery score. A Canada region on a foreign cloud is not a Canadian operator. Notes about PIPEDA or the US CLOUD Act are not legal advice.
| Name | Ownership / parent | HQ | Data residency | Infrastructure | Pricing | Best for | Verdict |
|---|---|---|---|---|---|---|---|
| Moneris | As of Moneris’s 10 August 2026 announcement, Bank of Montreal and Royal Bank of Canada still own Moneris Solutions Corporation. They have a definitive agreement to sell it to Francisco Partners for about C$2.0 billion, split evenly. The announcement says closing needs regulatory approvals, including under the Retail Payment Activities Act and the Competition Act, and is expected by the end of the banks’ first quarter of fiscal 2027. The announcement does not say the sale has closed. | Headquartered in Toronto, with offices in Sackville, Montreal, Quebec City, Calgary, and Burnaby, on the same announcement. | The announcement says Moneris has a head office and technology infrastructure fully resident in Canada. It does not publish a separate cardholder-data country list. | Moneris says it helps businesses accept payments at over 325,000 points of commerce and that it has an in-house national field service team. The infrastructure-in-Canada sentence is the company’s own statement in the sale announcement. | Merchant pricing is quoted by Moneris. This page does not compare rates. Checked 2026-11-06. | In-person and online acquiring from the RBC and BMO joint venture, while the Francisco Partners sale is still pending. | Canadian-owned, hosted in CanadaConfidence: High |
| Helcim | Helcim Inc., a Canadian corporation, on its Canada subprocessors page. The about page names Nicolas Beique as founder and CEO. No parent company is named there. Helcim USA Inc., a Delaware corporation, is a wholly owned subsidiary. | Calgary head office: Suite 400, 440 2 Ave SW, Calgary, Alberta T2P 5E9. A Seattle office is also listed, on the about page. | The Canada subprocessors page says both Helcim Inc. (Canada) and Helcim USA Inc. (United States) process account information, usage data, and website data. | Helcim’s about page describes its own payments platform. The subprocessors page shows affiliate processing in Canada and the United States. It does not say Helcim owns a datacentre. | Published merchant pricing is on helcim.com. This page does not compare rates. Checked 2026-11-06. | Card acquiring from a Calgary company when you accept that a US subsidiary also processes account data. | Canadian company, data location variesConfidence: High |
| Nuvei | Nuvei’s 15 November 2024 completion note says the company became a wholly owned subsidiary of Neon Maple Purchaser Inc., an entity formed by Advent International. Advent, Philip Fayer, Novacap, and CDPQ hold or control about 46%, 24%, 18%, and 12%. Philip Fayer remained chair and CEO. Advent is not the sole owner. | The completion note is datelined Montreal and calls Nuvei a Canadian fintech company. Advent’s 1 April 2024 announcement said Montreal would continue to serve as headquarters. | A default country for merchant data was not stated on the completion note. Nuvei describes acquiring in many markets, so storage may depend on the product. | Nuvei describes its own payments technology, local acquiring, and payouts. The completion note does not say Nuvei owns the datacentres. | Merchant pricing is quoted by Nuvei. This page does not compare rates. Checked 2026-11-06. | A Montreal payments company when you want the post-2024 shareholder split stated, including Advent. | Canadian operator, data location unstatedConfidence: High |
| Stripe | Stripe. The newsroom information page describes Stripe as a technology company and does not describe it as Canadian. | Dual headquarters in San Francisco and Dublin, on Stripe’s newsroom information page, with other offices named abroad. | A default Canada-only store for Canadian Stripe accounts was not stated on the Canada homepage or the newsroom page checked. | Stripe’s payments platform. The Canada site shows Canadian-dollar pricing and is the public signup path for Canada. Listed as a foreign comparison. | Published pricing on stripe.com/en-ca. This page does not compare rates. Checked 2026-11-06. | Online payments from a US and Irish company that offers a Canada site. | Not a Canadian optionConfidence: High |
| Square (Block) | Square’s about page says Square, Inc. changed its name to Block, Inc. in 2021. Block’s certified 2022 EEO-1 report names the employer as Block, Inc., at 1955 Broadway, Suite 600, Oakland, California. Not a Canadian company. | Oakland, California, on Block’s 2022 EEO-1 report. Square’s about page does not list a Canadian headquarters. | A default Canada-only store was not stated on Square’s about page. The page says Square expanded to Canada in 2012. | Square payments, point of sale, and related tools from Block. Listed as a foreign comparison that operates in Canada. | Published pricing on Square’s Canada site. This page does not compare rates. Checked 2026-11-06. | In-person and online checkout from Block, a US company, including for Canadian sellers. | Not a Canadian optionConfidence: High |
| PayPal | PayPal. The US business fees page identifies PayPal at a San Jose address. The about page title names PayPal, Inc. Not a Canadian company. | 2211 N 1st St., San Jose, CA 95131, on PayPal’s US business fees page. | A default Canada-only store for PayPal Canada accounts was not stated on the fees page checked. | PayPal checkout and merchant tools. A Canada site is published at paypal.com/ca. Listed as a foreign comparison. | Published fees on PayPal’s site. This page does not compare rates. Checked 2026-11-06. | Online checkout from a US company with a Canada site. | Not a Canadian optionConfidence: High |
| Clover (Fiserv) | Clover is Fiserv’s cloud point-of-sale and business management platform, on Fiserv’s Form 10-K for the year ended 31 December 2025. Fiserv, Inc. is incorporated in Wisconsin. Not a Canadian company. | Fiserv corporate headquarters: 600 N. Vel R. Phillips Ave., Milwaukee, WI 53203, on the contact page and in the 2025 Form 10-K. | A default Canada-only store for Clover was not stated on the contact page or the 10-K business description checked. | Fiserv merchant acquiring and the Clover point-of-sale platform. The 2025 Form 10-K says Fiserv serves clients in the United States and Canada. Listed as a foreign comparison. | Merchant pricing is quoted by Fiserv or a Clover reseller. This page does not compare rates. Checked 2026-11-06. | Point-of-sale hardware and acquiring from Fiserv, a US company that also serves Canada. | Not a Canadian optionConfidence: High |
Moneris is still owned by RBC and BMO on the 10 August 2026 announcement. That announcement names Francisco Partners, a global investment firm with a San Francisco dateline, as the agreed buyer. Closing was still subject to approvals and expected by the end of the banks’ first quarter of fiscal 2027. Do not treat Francisco Partners as the current owner.
Nuvei is not wholly Canadian-owned. Advent International formed the purchaser and holds about 46 percent. Philip Fayer, Novacap, and CDPQ hold about 24, 18, and 12 percent. Helcim Inc. is Canadian, and its Canada subprocessors page says Helcim USA Inc., a Delaware corporation, also processes account information. Stripe’s newsroom lists dual headquarters in San Francisco and Dublin. Square’s about page says Square, Inc. became Block, Inc. in 2021. PayPal’s US fees page lists a San Jose address. Fiserv’s contact page lists Milwaukee headquarters and its 2025 annual report describes Clover as Fiserv’s point-of-sale platform. This is not financial advice.
Moneris is headquartered in Toronto and, on its 10 August 2026 announcement, is still owned by Bank of Montreal and Royal Bank of Canada. That announcement agrees to sell Moneris to Francisco Partners. Closing was still subject to approvals and expected by the end of the banks’ first quarter of fiscal 2027. The announcement does not say the sale has closed.
Helcim Inc. is a Canadian corporation with a Calgary head office, and Nicolas Beique is named founder and CEO. Helcim USA Inc. is a wholly owned Delaware subsidiary. Helcim’s Canada subprocessors page says both the Canadian company and the US subsidiary process account information.
Since 15 November 2024, Nuvei has been a wholly owned subsidiary of Neon Maple Purchaser Inc., an entity formed by Advent International. Nuvei’s completion note says Advent, Philip Fayer, Novacap, and CDPQ hold about 46%, 24%, 18%, and 12%. The note calls Nuvei a Canadian fintech company and is datelined Montreal.
Yes. Stripe publishes a Canada site at stripe.com/en-ca with Canadian-dollar pricing. Stripe’s newsroom says it has dual headquarters in San Francisco and Dublin. Availability in Canada does not make Stripe a Canadian company.
Primary pages opened for this check. Company marketing claims are cited as the company’s own words.