What Moneva POS Inc. does

Moneva POS Inc. is a Canadian payment solutions provider headquartered at 650-3090 Boul. Le Carrefour, Laval, Quebec, operating as a subsidiary of 2514177 Ontario Ltd, an MSP/ISO registered with the Canadian branch of U.S. Bank National Association and Elavon. The company's commercial focus is Quebec-based merchants, served through a bilingual (French/English) website and toll-free plus local phone sales. Moneva operates in a narrow geographic envelope — explicitly positioning as 'the lowest pricing in Quebec' — and targets SMB and mid-market businesses across retail, restaurants and bars, taxis, professional services, specialized businesses (beauty salons, golf courses, garages), and healthcare.

The core product is a three-brand hardware portfolio of PCI-compliant payment terminals: the Newland N910 (wireless, Wi-Fi/Bluetooth/4G, 5-inch touchscreen, integrated with Poynt HQ for reporting), the Poynt terminal (dual touchscreens, 8-hour battery life, PCI-PTS v6.0, with QuickBooks and WooCommerce API integrations), and the Ingenico Move/5000 and Desk/5000 (PCI-PTS 5.x, TELIUM Tetra encryption, 4G/LTE with dual SIM, HTML5 support on Desk/5000). These terminals collectively support EMV chip, magnetic stripe, NFC contactless, and mobile wallets including Apple Pay and Interac. None of these products are proprietary to Moneva; rather, Moneva is a value-added reseller providing hardware plus payment processing services.

The business model combines hardware sales (one-time revenue per terminal unit shipped) with recurring payment processing revenue routed through its affiliated ISO. Pricing is fully quote-based and not disclosed publicly, which is consistent with SMB/mid-market custom pricing rather than self-serve SaaS economics. GTM is direct sales-led with personalized expert consultations, free savings evaluations, and quote forms that capture terminal preferences. The company advertises competitive pricing and customized solutions tailored per vertical, with post-sales technical support as a stated differentiator. No revenue, funding, headcount, or transaction volume figures are publicly disclosed.

Name

Moneva POS Inc.

Legal name

Moneva

Website

https://monevapos.ca

Company type

Private

Operating status

Operating

Short description

Moneva POS Inc. is a Quebec-based payment solutions provider that resells PCI-compliant payment terminals (Newland, Poynt, Ingenico) and merchant processing services to SMB and mid-market businesses across retail, hospitality, taxi, professional services, healthcare, and specialized verticals, operating as a subsidiary of the ISO 2514177 Ontario Ltd.

Ownership category

akta.pro rank

Product category

Merchant Payment Services

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

SIC

Computer Terminals (3575)

akta.pro primary industry

Integrated POS Payments (ISVs & Vertical POS Platforms) (FSAMADAD)

akta.pro secondary industry

Integrated Payment Processors (PSP/Acquirer) (FSAMABAA)

Keywords

• Payment processing services
• POS terminal hardware
• Merchant services provider
• Card payment solutions
• POS terminal distribution

Headquarters

HQ city

Laval

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Payment Terminal Hardware Sales: Sale of payment terminals including Newland N910, Poynt, and Ingenico Move/5000/Desk/5000. Terminals are sold directly to businesses with pricing based on quotes.
2. Payment Processing Services: As an affiliate of 2514177 Ontario Ltd (registered MSP/ISO with U.S. Bank National Association and Elavon), Moneva provides payment processing services to merchants. Revenue likely comes from transaction fees and interchange rates.
3. Customized Payment Solutions: Tailored payment solutions designed for specific business needs, with pricing competitive and positioned as the lowest in Quebec.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Moneva POS Inc. distributes and supports point-of-sale payment terminals from three manufacturers (Newland N910, Poynt, and Ingenico Move/5000 and Desk/5000) and provides payment processing services as an affiliate of 2514177 Ontario Ltd, a registered MSP/ISO with U.S. Bank National Association and Elavon. The company sells terminals with bundled payment processing tailored to retail, hospitality, restaurant, taxi, and professional service businesses, claiming the lowest pricing in Quebec.

Product overview

Moneva POS Inc. is a Canadian payment solutions provider offering a portfolio of point-of-sale terminals and payment processing services. The company resells and supports hardware terminals from three manufacturers: Newland (N910), Poynt, and Ingenico (Move/5000 and Desk/5000). These terminals are offered as part of comprehensive payment solutions tailored to various business sectors including retail, hospitality, restaurants, taxis, and professional services. Moneva positions itself as offering the lowest pricing in Quebec for payment terminal solutions.

Differentiator

Problem solved

Functional benefit

Products and services

• Newland N910 POS Terminal

Segments6 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• PoyntcoreTechnology or IntegrationMoneva distributes Poynt terminals, described as 'the first intelligent mobile solution in Quebec.' Poynt HQ portal integration enables real-time reporting, inventory management, and QuickBooks synchronization for merchants.
• NewlandcoreTechnology or IntegrationMoneva distributes Newland N910 terminals, wireless POS devices with Wi-Fi/Bluetooth/4G connectivity, 5-inch touchscreen, and Poynt HQ integration for reporting and analytics.
• IngenicocoreTechnology or IntegrationMoneva distributes Ingenico Move/5000 and Desk/5000 terminals with PCI-PTS 5.x certification, TELIUM Tetra security system, 4G/LTE connectivity, and HTML5 support (Desk/5000).

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Shopify POS: Integrated POS hardware and software offering from Shopify, widely adopted by retail and omnichannel merchants in Canada. Shopify POS competes with Moneva for the WooCommerce-adjacent and online-retail merchants in its target segments.
• Global Payments: Global payments technology company and parent of several merchant acquirers, offering integrated POS and processing services across Canada. Global Payments competes with Moneva at the processing-rail and enterprise-tier level, particularly via its Elavon relationship.
• Square (Block): Global POS hardware and payments provider with transparent pricing and integrated software, serving SMBs across Canada including Quebec. Square's self-serve onboarding and brand recognition represent a major competitive threat to Moneva's quote-based sales motion.
• Stripe Terminal: Global payments platform offering integrated POS terminals (Stripe Reader) with developer-first APIs and transparent online pricing. Stripe Terminal pressures Moneva's value proposition among digitally-savvy Quebec SMBs and online-retail merchants using WooCommerce.

Direct peers

• Moneris: Canada's largest payment processor and POS terminal provider, serving SMBs across Canada including Quebec with a full suite of countertop and mobile terminals. Moneris is the incumbent Moneva most directly competes against in the Quebec merchant market.
• SumUp: Global mobile POS and card-reader provider with transparent flat-rate pricing and no-contract onboarding, active across Canada. SumUp competes with Moneva for taxi drivers, small retailers, and mobile merchants with a streamlined self-serve model.
• Lightspeed Commerce: Canadian-headquartered POS and commerce platform serving retail and restaurant merchants, including a significant Quebec customer base. Lightspeed competes with Moneva for the same retail and hospitality verticals with more integrated software.
• Helcim: Canadian payment processor and POS terminal provider offering transparent interchange-plus pricing to SMBs across Canada. Helcim competes head-to-head with Moneva's 'lowest pricing in Quebec' value proposition, particularly with Quebec-based SMBs.
• Toast: Restaurant-focused POS and payments platform with integrated hardware and software for the hospitality vertical. Toast competes with Moneva specifically for Quebec restaurants and bars — one of Moneva's named primary segments.

Regional players

• Cegid: France-based POS and ERP vendor with retail and hospitality solutions, with limited but growing presence in French-speaking markets including Quebec. Cegid is comparable as a French-language POS specialist targeting similar verticals.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance2 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 Moneva POS Inc.