POS VELOCITY
Toronto at night: the CN Tower above the downtown skyline, with streaks of traffic light along the expressway

Move money.Keep momentum.

Card payments at the counter, online, and in the field. Scheduled transfers between Canadian bank accounts. Payouts to the drivers and staff who earned them. It all runs on the POS VELOCITY platform: software we designed, built, and operate ourselves, and answer for in Toronto.

Book a live demoExplore the platform
More than 5,000 transactions a day across our merchants, on average.Daily transactionsacross our merchants
More than ten million dollars in merchant volume processed every month, on average.Monthly merchant volumeprocessed for our merchants
More than 700 active terminals in the field a day, on average.Daily active terminalsacross our merchants

Averages across our active merchant base.

Accept.
Move.
Distribute.

Follow the money from a tap at your counter to a deposit in a driver’s bank account. Every stage is a product we built for that one job, and every one runs on our own platform.

A card held up to a countertop payment terminal

01 · Accept · Take it.

Payments

Accept money wherever your customers are — in-store on PAX terminals, online, or out in the field, all on one system.

  • Chip, tap, and QR taken directly on PAX A-series terminals, with cash recorded on the same ticket
  • Counter and desktop POS, plus an embeddable online store on your own domain
  • Field-service work orders from quote to on-site signature to payment
  • Card-not-present payments by secure link — sent as a text, an email, or a QR code from the terminal itself
  • SEMI/ECR mode and a documented REST API to drive the terminal from your own software
Explore Payments (opens in a new tab)
A business owner at a desk reviewing payments on a phone and laptop

02 · Move · Move it.

EFT

Move money between Canadian bank accounts on schedule — automating recurring collections, deposits, and payroll, with full reporting and reconciliation on every run.

  • Scheduled and recurring payments on daily, weekly, or monthly cadences
  • Direct deposits, payroll, and vendor or customer payments
  • Batch processing for high-volume collections and deposits
  • Customer self-onboarding by secure email invitation — no manual bank-detail entry
  • Automatic, customisable email notifications showing customers what left their account and when
Explore EFT (opens in a new tab)
A courier on a scooter moving through city traffic at night

03 · Distribute · Pay it out.

Payouts

Distribute money to drivers and operators — with configurable splits, dues tracking, and the whole run paid out by EFT.

  • Driver and operator payouts with configurable company / earner splits
  • Splits across debit, credit, prepaid, voucher, and cash, with tips and surcharge handled separately
  • Dues sheets that track per-pay-period earnings through draft, preview, and activate
  • Prepaid voucher capture and processing, grouped into invoices
  • Prepaid payments taken up front and carried through to the payout run
Explore Payouts (opens in a new tab)

Three products.
One team that built them.

Book a live demo

Our platform.
Our code. Our call.

Every product on this page is software we designed, wrote, and run ourselves, from the app on the terminal to the API your developers call. When something needs to change, the people who built it are the people you talk to.

Who we are
  1. 01

    On the terminal

    Our app on PAX A-series hardware: chip, tap, and QR, cash on the same ticket, and secure payment links sent from the device itself.

  2. 02

    The command plane

    Your POS sends sale, refund, void, and screen commands to our cloud over REST. Every command that moves money carries an idempotency key, so a retry can never charge twice.

  3. 03

    The product cores

    Catalog and statutory tax engine, EFT agreements and schedulers, payout splits and dues sheets. Each is built for its own job.

  4. 04

    The APIs

    Key-authenticated REST on Payments, EFT, and Payouts, each with a published OpenAPI reference your developers can read before they call us.

  5. 05

    The back office

    Reports, reconciliation exports, a branded client portal, and a GL export for your accounting. The record stays with the money from start to finish.

Secure 3D, from your palm.

The customer isn’t at your counter, and neither is their card. Take the payment anyway. Start it on the terminal in your hand, and let them pay from their own phone, authenticated by their own bank.

Wire it up from either end.

Nothing here is a closed box. Drive our terminal from the software you already run, build straight onto our API, or hand us what your existing systems produce and let us do the fitting.

Your POS sends SALE · $42.50 to Our terminal, which answers APPROVED · 004512.

Your POS keeps the screen. Our terminal takes the card.

Software you already run sends the amount over a single call. The card is presented to the terminal, which handles chip, tap and PIN and hands back the result — your software asks for the money and is told what happened, and never has to carry the card itself.

  • Sales, refunds, voids, and cash transactions, driven remotely
  • Terminal control too — show a screen, print, capture customer input, close the batch
  • An idempotency key is required on anything that moves money, so a retry resolves to the original command instead of a new one
  • Every command has a status you can poll until the terminal answers

Your day, as it happens.

Once money starts moving, this is the kind of view you get: approvals, settlement, and payouts in one place, updating as they land. Sample data, for demonstration.

  • 1,284Transactions today
  • 1,247Approved
  • $84,120Settled to bank
  • 37Payouts queued
Volume through the daytransactions / hour
Live feedsample
  • BATCH$84,120.00Settled
  • SECURE LINK$248.00Authenticated
  • TAP$42.50Approved
  • EFT$1,240.00Processing
  • CHIP$128.00Approved
  • CASH$25.00Approved
Where the money comes inshare of transactions
  • Tap39%
  • Chip23%
  • Contactless13%
  • Cash11%
  • Secure link7%
  • QR7%

Who actually runs on this.

All five deep dives

Nothing hidden. Not the money, not the fees.

You should never have to guess where your money is, when it will land, or what a transaction really cost. So we built the answers in.

Where

Where the money is

Every payment carries its own state — approved, settled, moved, split, paid. Open any transaction and see exactly where it stands. No black boxes, no “check back tomorrow.”

When

When it actually settles

We don't call the day done until the bank confirms the batch. Here, “approved” and “settled” are different words — and you get the timestamp for each.

How

How it got there

Every step lands on one exportable record — accepted, moved, paid — ready for reconciliation, tax, and audit. Nothing to reconstruct after the fact.

No hidden fees.

The rate you’re quoted is the rate you pay. No surprise line items, no mystery deductions, no gotcha at month-end. If a fee applies, you see it before it happens.

Straight answers.

Can’t find yours? Call 1-888-316-3909 and you’ll reach the team that built it.

What is POS VELOCITY?

POS VELOCITY is a payments company based in Toronto. We make three products for Canadian businesses. Payments takes card payments in store, online, and in the field on PAX terminals. EFT moves money between Canadian bank accounts on a schedule. Payouts pays drivers, operators, and staff what they earned, with the whole run paid out by EFT.

Which payment terminals does POS VELOCITY use?

Payments runs on PAX A-series terminals. They take chip, tap, and QR payments, and cash is recorded on the same ticket. The same device can send a secure payment link by text, email, or QR code when the customer isn't there in person.

Can I take a card payment when the customer isn't in front of me?

Yes. Enter the amount on the terminal and send a secure payment link by text, email, or QR code. The customer pays on their own phone, and their own bank authenticates them with 3-D Secure. The result comes back to the same transaction record as an in-person sale.

Will your terminal work with the POS software I already use?

Yes, in three ways. In SEMI/ECR mode your software drives our terminal through a cloud REST command plane, authenticated with your own API key. You can also build directly on our documented REST APIs, which have published OpenAPI references. If you run Logivision L-POS, our plug-in starts the payment on the terminal from the tender button.

How do driver and operator payouts work?

You set company and earner splits across debit, credit, prepaid, voucher, and cash, with tips and surcharges handled separately. Dues sheets track each pay period through draft, preview, and activate. Then the whole payout run goes out by EFT, straight into each earner's bank account.

Is POS VELOCITY built for Canadian businesses?

Yes. We serve Canada. Tax handling covers HST, GST, and PST with effective-date rules, transfers move between Canadian bank accounts, and the team that builds the products is the team that answers the phone in Toronto.

Are there hidden fees?

No. The rate you're quoted is the rate you pay. If a fee applies, you see it before it happens, not as a surprise line at the end of the month.

How much volume runs through POS VELOCITY?

On average, across our active merchants, more than 5,000 transactions a day, more than $10 million in merchant volume processed every month, and more than 700 terminals active every day.

How do I get started?

Book a demo at posvelocity.com/demo, or call 1-888-316-3909. We'll walk you through the product live, with no slide deck. There's no self-serve signup. Every account starts with a conversation.

The Toronto skyline lit up at night, seen across the water

Grab a slot.
See it for real.

Tell us which product you’re curious about, pick a day on the calendar, and we’ll walk you through it live. No slide deck, no pressure.

Open the calendarCall 1-888-316-3909