MotionPay

What MotionPay does

Motion Pay Technology Inc. (operating as MotionPay) is a privately held Ottawa-based payment technology company founded in 2015 that builds cross-border infrastructure enabling Canadian merchants to accept Chinese digital wallets. The company holds first-in-Canada acquirer status for WeChat Pay (partnered with Tencent in February 2016) and Alipay (partnered in November 2016) and processed the first such transactions in Canada in February 2017. It has also integrated China UnionPay, with a stated roadmap toward 30+ additional international digital wallets.

MotionPay's product stack comprises three core lines: a full-touchscreen Android-based POS terminal with NFC, chip, swipe, and QR code support and PCI PTS 5.x / PCISS / EMVCo certifications; a low-cost QR Sticker Payment solution requiring no hardware; and an E-commerce Payment API for online and mobile commerce integration. The platform is embedded onto Global Payments' Ingenico and Verifone devices via a partnership established in September 2017 and extended through 2023, and distributed through an ISO partner network. Revenue is generated through per-transaction processing fees, POS terminal hardware sales, and e-commerce API integration fees, with pricing handled on a contact basis. Customers span luxury retail, premium automotive dealerships, and universities serving Chinese students. A recent "Transition of your Payment Service to Alpha Pay" notice on the MotionPay website signals a forthcoming migration of payment services, introducing material uncertainty about the company's forward operating model.

Name

MotionPay

Legal name

Motion Pay Technology Inc.

Website

https://motionpay.ca

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

MotionPay is an Ottawa-based payment technology company, founded in 2015, that enables Canadian merchants to accept Chinese digital wallets (Alipay, WeChat Pay, UnionPay) via POS terminals, QR stickers, and an e-commerce API, serving luxury, automotive, and education clients.

Ownership category

akta.pro rank

Product category

Cross-Border Payment Processing

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

akta.pro primary industry

POS, SoftPOS & In-Person Acceptance Infrastructure (FSAGABAO)

akta.pro secondary industries

QR Code & Alternative In-Store Acceptance (QR, APMs) (FSAMADAH), QR Code Payments Wallets (FSAMAEAC), Mobile POS (mPOS) Devices & Handheld Terminals (HDACAKAB)

Keywords

• Cross-border payment solutions
• Mobile payment processing
• POS terminal hardware
• E-commerce payment API
• Digital wallet integration

Headquarters

HQ city

Ottawa

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Operations, Marketing or Sales, Supply Chain

Revenue model

1. Payment Processing Fees: Transaction fees charged to merchants for processing digital wallet payments including Alipay, WeChat Pay, and UnionPay
2. POS Terminal Hardware Sales: Sale of proprietary touch screen POS terminals with embedded payment software
3. E-commerce API Integration: Fees for integrating online payment API with e-commerce platforms

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

MotionPay Technology Inc. delivers an all-in-one alternative payment platform that enables Canadian businesses to accept international digital wallets (Alipay, WeChat Pay, UnionPay) and major debit/credit cards. The company sells proprietary full-touchscreen POS terminals, cost-effective QR sticker payment solutions, and an e-commerce payment API, focused on helping Canadian merchants serve Chinese tourists, immigrants, international students, and shoppers.

Product overview

MotionPay offers an all-in-one alternative payment platform with three core product lines: POS Terminal (full touchscreen payment device with multi-method support including NFC, chip, swipe, and QR code), QR Sticker Payment (cost-effective QR code solution requiring no equipment), and E-Commerce Payment API (for online merchant integration). The platform processes international digital wallets including Alipay, WeChat Pay, and UnionPay alongside traditional debit/credit cards, serving Canadian businesses seeking to accommodate tourists, immigrants, international students, and Chinese consumers.

Differentiator

Problem solved

Functional benefit

Products and services

• POS Terminal A full touchscreen POS terminal with half-second scan speed that supports NFC contactless, magnetic swipe, chip insert, and QR code payments. Compatible with major debit/credit cards and international digital wallets including Alipay, WeChat Pay, and UnionPay. Features 4G, WiFi, and Bluetooth connectivity with secure socket layer encryption. Designed for Canadian retail businesses seeking to accept international digital wallets at point of sale.
• QR Sticker Payment
• E-Commerce Payment API An online payment API that enables seamless integration with e-commerce platforms and mobile commerce apps. Supports acceptance of 30+ international digital wallets including Alipay, WeChat Pay, and UnionPay to reach global customers and facilitate secure payments 24/7. Designed for online retailers and e-commerce platforms.

Quantifiable outcome

• 280% increase in sales after offering Alipay, WeChat Pay & UnionPay
• +2 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Global PaymentscoreTechnology or Integration · 1 September 2017In September 2017, Global Payments selected MotionPay as their added value payment partner for alternative payment solutions. MotionPay integrated their digital wallet solutions onto Global Payments' Ingenico Move/Desk 5000 devices, expanding merchant reach. Partnership continued in 2019 with Ingenico and Verifone Android devices.
• AlipaycoreTechnology or Integration · 1 November 2016MotionPay partnered with Alipay in November 2016 and became the first Alipay acquirer in Canada. This partnership complemented the WeChat Pay integration, providing Canadian merchants access to both major Chinese digital payment platforms.
• Tencent (WeChat Pay)coreTechnology or Integration · 1 February 2016MotionPay partnered with Tencent in February 2016 and became the first WeChat Pay acquirer in Canada. This partnership enabled the first-ever WeChat Pay transactions in Canada in February 2017, establishing MotionPay as a pioneer in Chinese mobile payment integration for Canadian merchants.
• FicanexminorChannel Partner/ Reseller/ DistributorFicanex is listed as a partner organization, indicating a commercial partnership for payment processing or distribution services.
• Association Hôteliere de la région de QuébecminorChannel Partner/ Reseller/ DistributorQuebec hotel association partner, suggesting MotionPay serves the hospitality sector in Quebec.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Nuvei: Canadian-headquartered global payment technology provider offering acquiring, POS, alternative payments, and e-commerce APIs — competes with MotionPay's full stack but across multiple geographies and verticals.
• Global Payments: Global payments giant and MotionPay's distribution partner; offers its own alternative payment and POS solutions at scale that could bypass MotionPay for wallet acceptance on its terminals.
• Moneris: Canada's largest domestic payment processor offering POS terminals and merchant acquiring — overlaps with MotionPay's in-person acceptance business but at much greater scale and broader scope.
• Stripe: Global online payment platform with growing alternative payment method coverage including wallets; competes most directly with MotionPay's e-commerce API offering across global merchants.

Regional players

• 2C2P: Thailand-based payment service provider focused on Southeast Asian alternative payment methods and cross-border wallet acceptance — comparable wallet-aggregation and acquiring model in a different geography.

Direct peers

• HiTRUST: Asia-Pacific payment processor providing cross-border acceptance for Chinese digital wallets via acquiring, POS, and gateway infrastructure — comparable service mix to MotionPay's Alipay/WeChat/UnionPay offering.
• Citcon: US-based cross-border mobile wallet and alternative payment platform enabling merchants globally to accept Alipay, WeChat Pay, and other Asian wallets — directly overlapping MotionPay's wallet-aggregation and acceptance value proposition.
• QFPay: Hong Kong-headquartered payment service provider aggregating Asian and global digital wallets for merchants — comparable wallet-aggregation, POS, and QR-based acceptance stack to MotionPay.
• Silkpay: European-focused alternative payment provider specializing in Asian wallet acceptance (Alipay, WeChat Pay, UnionPay) for retail and e-commerce — directly comparable in business model and merchant target to MotionPay.
• Alpha Pay: Successor entity referenced on MotionPay's own transition notice; likely assumes MotionPay's merchant book and wallet-acceptance infrastructure in Canada, making it the most directly comparable peer for terminal users and merchants.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MotionPay