Canadian fin-tech Dream Payments announces new platform

Toronto-based Dream Payments believes its recently-launched Dream Mobile Merchant Services Platform is the ideal solution in a rapidly changing marketplace.

Mobile Merchant Services Platform is a cloud-based, white-label solution helping banks and merchant acquisition companies provide their clients with a complete mobile merchant service suite, including POS applications, payment terminals, merchant onboarding, secure payment processing, and business analytics.

Brent Ho-Young

Brent Ho-Young

“Banks and acquirers now have the ability to rapidly deliver mobile merchant services to business customers,” said Brent Ho-Young, CEO of Dream Payments. “With Dream, banks and acquirers can finally attract and provide mobile payment services to businesses through a cloud-based, cost effective, and flexible platform.”

Highlights of the new platform include prebuilt, white-label MPOS applications for iOS and Android-based smartphones which allow merchants to accept payments, provide receipts, manage product listings and view real-time data. The platform also supports EMV contact and contactless mobile payment terminals from leading manufacturers. Banks and merchant acquisition companies can also sell and remotely activate mobile payment terminals through retail, financial and mobile network operations.

Dream’s investors include Real Ventures, Blue Sky Capital, Rouge River Capital and DonRiver Inc.