Heritage Paiement

What Heritage Paiement does

Heritage Paiement is a Montreal-based private payment solutions provider, founded in 2020, that operates as an official Clover partner in Canada. The company resells and deploys the Clover point-of-sale ecosystem — including the Clover Flex (mobile terminal), Clover Mini (compact countertop), Clover Station Duo (dual-screen integrated POS), and the Samsung Kiosk powered by Clover (self-service restaurant kiosk) — to small and medium businesses across Quebec. Devices accept Visa, Mastercard, Interac Debit, and NFC payments (Apple Pay, Google Pay, WeChat Pay, Alipay), with PCI PTS V5.0-certified security, cloud-based inventory and sales reporting, QuickBooks integration, and same-day or next-business-day fund deposits.

Heritage Paiement monetizes through two primary streams: (1) transaction-fee-based payment processing, advertised at 1.78% versus a stated 2.19% industry benchmark, with explicit "no rate increase" commitments; and (2) hardware sales or leasing bundled with software and processing in a single consolidated monthly invoice. Go-to-market is sales-led and direct, supported by a toll-free sales line, an online savings calculator, and a quote form, supplemented by a referral partnership with the CCIHR (Chambre de commerce et de l'industrie du Haut-Richelieu). The company emphasizes French-language customer service, 24/7 support, a 45-day trial, and refund of prior-supplier cancellation fees as its primary differentiators against larger, predominantly US-based competitors.

The customer base spans Quebec SMBs across retail, food service, professional services, beauty, automotive, and nonprofit verticals. The most prominent disclosed accounts are Groupe Grenier (9 automotive dealerships deployed with Interac and Clover systems) and CHU Sainte-Justine (a hospital for which Heritage facilitated card-based donation collection using Clover Flex terminals). The company claims "thousands of businesses" as customers and positive Google reviews, while employing 11–50 people and operating from a single headquarters at 88 Rue Prince in downtown Montreal under co-founders Antoni Desrosiers (CEO) and Jesse Caldwell (Vice-President).

Name

Heritage Paiement

Legal name

Heritage Paiement

Website

https://heritagepaiement.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

Heritage Paiement is a Montreal-based Clover payment solutions reseller serving Quebec small and medium businesses. It deploys Clover POS terminals, processes card transactions at advertised rates of 1.78%, and differentiates via French-language support, stable pricing, and a 9-dealership automotive account.

Ownership category

akta.pro rank

Headquarters

HQ city

Montréal

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Payment Processing Fees: Heritage Paiement charges merchants transaction/percentage fees on Visa, Mastercard, and Interac Debit card payments processed through Clover terminals. The company markets competitive rates (advertised example: 1.78% vs. industry average of 2.19%) and stable, no-increase pricing as key value differentiators. Revenue is volume-based, driven by the number and value of transactions processed by merchants.
2. Hardware Terminal Sales/Leasing: Heritage Paiement sells or leases Clover POS hardware (Flex, Mini, Station Duo, Samsung Kiosk) to merchants. The all-in-one nature of the terminals means customers receive a single monthly invoice encompassing hardware, software, and processing services, simplifying accounting for merchants.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Heritage Paiement is an official Clover partner in Canada that resells and deploys Clover point-of-sale hardware (Clover Flex, Clover Mini, Clover Station Duo, Samsung Kiosk powered by Clover) along with associated payment processing services to small and medium businesses in Quebec. The company bundles hardware, software, and processing into a single monthly invoice, and charges merchants transaction/percentage fees on Visa, Mastercard, and Interac Debit card payments.

Product overview

Heritage Paiement is an official Clover partner in Canada offering a portfolio of point-of-sale payment solutions. The product lineup consists of Clover Flex (all-in-one mobile payment terminal), Clover Mini (compact countertop POS), Clover Station Duo (dual-screen integrated POS system for businesses), and Samsung Kiosk powered by Clover (self-service restaurant kiosk). All devices accept Visa, Mastercard, Interac debit, and NFC payments including Apple Pay, Google Pay, WeChat Pay, and Alipay. The solutions are designed for Canadian small and medium businesses with 24/7 support, transparent pricing, and compliance with Canadian payment regulations.

Differentiator

Problem solved

Functional benefit

Products and services

• Clover Flex All-in-one portable payment terminal featuring a 5-inch HD Gorilla touchscreen, 3G and WiFi connectivity, integrated barcode scanner, signature capture, PCI PTS V5.0 certification, up to 12 hours of battery life, and built-in inventory management. Supports credit, debit, NFC, and virtual terminal payments with funds typically deposited within one business day. Designed for Quebec-based small and medium businesses needing a mobile POS.
• Clover Mini Space-saving countertop POS terminal with a large touchscreen, real-time sales monitoring, inventory management with categories/labels/modifiers, customer contact collection, fast chip card transactions under three seconds, and next-business-day fund deposits. Supports ethernet, WiFi, and optional LTE cellular connectivity, and accepts swipe, insert, tap, and cash payments. Targeted at small Quebec-based businesses.
• Clover Station Duo Dual-screen point-of-sale system with merchant-facing and customer-facing displays, described as the fastest processing in the Clover lineup. Features cloud-based reporting, QuickBooks integration, cheque deposit, integrated time and attendance scheduling, and next-day fund deposits. Supports all major payment methods including Apple Pay, Google Pay, WeChat Pay, and Alipay. Designed for businesses with higher transaction volumes.
• Samsung Kiosk powered by Clover Self-service restaurant kiosk with a 24-inch touchscreen, integrated 3-inch thermal receipt printer (Clover-compatible), and integrated barcode scanner. Enables customer self-ordering and self-payment, integrating seamlessly with Clover Flex and Clover Mini for payment processing. Designed for restaurant environments to reduce staff workload and waiting times.

Quantifiable outcome

• Processing rate of 1.78% vs. industry average of 2.19%, representing approximately 0.41 percentage points lower fees
• +4 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature5 records

Partnerships

Two partnerships are on record, tiered core and flagship.

• CCIHR (Chambre de commerce et de l'industrie du Haut-Richelieu)coreStrategic or Co-development PartnerHeritage Paiement celebrates more than two years of fruitful collaboration with CCIHR. This strategic partnership, symbolized by a handshake between co-founder Antoni Desrosiers and CCIHR Director General Michel Milot, represents Heritage's ongoing commitment to growth and innovation in local commerce. CCIHR has played a key role in Heritage's market development, providing constant support and contributing significantly to its expansion in the Haut-Richelieu region. The alliance has opened new opportunities, enabling forward-looking strategies and strengthened community involvement.
• Groupe GrenierflagshipStrategic or Co-development PartnerHeritage Paiement partnered with Groupe Grenier, a leading automotive dealership group, to provide payment solutions across all 9 of its dealerships. Heritage deployed Interac machines and Clover POS systems (Clover Flex, Mini, Station) within each dealership, enabling smooth and secure transaction processing for vehicle purchases and services. The partnership was awarded to Heritage after a rigorous selection process, with 'major savings' cited as a key factor. This collaboration marks a significant milestone in Heritage's evolution of merchant services and customer transactions in the automotive sector.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Regional players

• Lightspeed Commerce: Montreal-headquartered commerce platform providing POS and payments software primarily to retail and restaurant merchants across North America. A fellow Quebec-based peer that competes in the same vertical SMB segments, particularly restaurants.

Direct peers

• Nuvei: Montreal-headquartered Canadian payment processor serving SMBs and enterprise merchants with card processing and POS solutions. Direct competitor explicitly named in Heritage's pricing comparison and a fellow Quebec-based player.
• Payfacto: Canadian payment processor specializing in SMB and restaurant merchants with Clover and other POS offerings. Direct competitor explicitly listed in Heritage's pricing comparison, particularly active in the Quebec market.
• Moneris: Canada's largest payment processor, jointly owned by RBC and BMO, providing card processing and POS solutions to Canadian SMBs. Directly competes with Heritage Paiement for Quebec merchants and is explicitly named as a competitor.

Broad incumbents

• Square (Block): Global payments and POS leader that has been actively raising processing fees on Canadian merchants — a key competitive backdrop for Heritage Paiement's 'stable pricing' pitch. Competes for the same Quebec SMB segment with a software-led model.
• TD Merchant Solutions: Bank-affiliated merchant services arm of TD Bank serving Canadian SMBs with card processing and POS solutions. Explicitly listed in Heritage's competitor comparison.
• Global Payments: Large global payment processor with significant Canadian presence, explicitly named as a competitor by Heritage. Offers end-to-end merchant acquiring and POS services to SMBs and enterprise merchants.
• Chase Payment Solutions: JPMorgan Chase's merchant acquiring business offering processing and POS services to North American SMBs. Listed as a competitor by Heritage, with growing Canadian merchant ambitions.
• Elavon: US Bancorp-owned global payment processor with a Canadian merchant acquiring business. Named by Heritage as a competitor and serves a similar SMB merchant base with similar Clover-class hardware.

Others

• Clover (Fiserv): The underlying POS platform whose hardware and software Heritage resells as an official Canadian partner. Comparable as the platform provider and indirect upstream supplier; could theoretically compete via direct sales.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/HeritagePayment
• Facebookfacebook.com/HeritagePaiement
• Instagraminstagram.com/heritage.paiement
• LinkedInlinkedin.com/company/heritagepaiement

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

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 Heritage Paiement