“Can a multi-entity merchant services ISO serve both Canadian/US card-present merchants and cross-border FX clients under a single International Payment Solutions brand?”
Founded in 2005 (with references to 2009 formalization), IPS began as an e-commerce payment facilitator before growing into a full merchant services provider offering credit/debit/EBT processing, ACH, gift cards, and merchant cash advances. A UK entity (internationalpaymentsolutions.co.uk) was established separately, powered by Currencycloud for FX and cross-border payment services. The Canadian entity (internationalpaymentsolutions.ca) operates merchant acquiring via Wells Fargo Canada Branch and Elavon (US Bancorp Canada Branch), with a cash advance program for small businesses.
International Payment Solutions processes payments through Wells Fargo Canada Branch (acquiring) and Elavon (US Bancorp Canada Branch, acquiring).
International Payment Solutions uses Currencycloud for FX and cross-border payouts.
The Embedded Finance Index 2026 maps 3 layers in International Payment Solutions's stack: Payments / PSP (Wells Fargo Canada Branch (acquiring) and Elavon (US Bancorp Canada Branch, acquiring)); Lending (Merchant Cash Advance and Small Business Cash Advance); FX & payouts (Currencycloud).
International Payment Solutions was founded by Chris Gaines and Dylan Gaines and is founded in 2005, headquartered in Canada (internationalpaymentsolutions.ca); also UK entity (internationalpaymentsolutions.co.uk).
Get a read on where your own stack stands against International Payment Solutions and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.