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Contribution: Industrial Research Assistance Program

Payment Source Inc.

$104,000.00

Research on Embedded Biller Platform for Fintechs

FY 2025-26 · 2025-11-01

Summary
R&D to allow other Fintechs to embed our bill payment service into their larger application, while maintaining our regulatory compliance.
Program
Industrial Research Assistance Program
Location
Ottawa|Ottawa, Ontario, Canada
Recipient Type
For-profit organization
Business Number
836696575
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions

As published

Additional Information
This agreement has been amended 1 time(s). The total amended value is 104,000 dollars.
Additional Information (French)
Cet accord a été modifié 1 fois La valeur totale des modifications est de 104 000 dollars.
Agreement End Date
2026-03-31
Agreement Number
1038381
Agreement Start Date
2025-11-01
Agreement Title
Research on Embedded Biller Platform for Fintechs
Agreement Title (French)
Recherche sur la plateforme de facturation intégrée pour les entreprises Fintech
Agreement Type
Contribution
Agreement Value
$104,000.00
Amendment Date
2026-02-04
Amendment Number
1
Coverage
Industrial Research Assistance Program projects stimulate wealth creation for Canada through technological innovation and strengthen Canadian innovation ecosystem by creating new industrial capacity. | Les projets du Programme d'aide à la recherche industrielle favorisent la création de richesse au Canada grâce à l'innovation technologique et renforcent l'écosystème canadien de l'innovation en créant de nouvelles capacités industrielles.
Description
R&D to allow other Fintechs to embed our bill payment service into their larger application, while maintaining our regulatory compliance.
Description (French)
R-D visant à permettre à d’autres entreprises Fintech d’intégrer notre service de paiement de factures dans leur application plus large, tout en maintenant notre conformité réglementaire.
Expected Results
The expected results and outcomes of NRC Industrial Research Assistance Program is focused on growing small and medium-sized enterprises (SMEs) through innovation and wealth creation for Canada.
Expected Results (French)
Les résultats attendus du Programme d’aide à la recherche industrielle du CNRC sont axés sur la croissance des petites et moyennes entreprises (PME) grâce à l’innovation et à la création de richesse pour le Canada.
Federal Riding
Kanata--Carleton
Federal Riding (French)
Kanata--Carleton
Federal Riding Number
35041
NAICS Code
511211
Organization Code
nrc-cnrc
Organization
National Research Council Canada | Conseil national de recherches Canada
Program Name
Industrial Research Assistance Program
Program Name (French)
Programme d’aide à la recherche industrielle
Program Purpose
The purpose of Industrial Research Assistance Program Contributions to Firms is to provide support that assists small and medium-sized enterprises (SMEs) to advance their innovation knowledge and ability to innovate, grow through innovation and stimulate wealth creation for Canada.
Program Purpose (French)
Les contributions versées aux entreprises en vertu du Programme d’aide à la recherche industrielle ont pour objectif d’apporter un soutien aux petites et moyennes entreprises (PME) afin qu’elles puissent approfondir leurs connaissances en matière d’innovation et renforcer leur capacité d’innovation, de croissance et de création de richesse pour le Canada.
Recipient Business Number
836696575
Recipient City
Ottawa|Ottawa
Recipient Country
CA
Recipient Legal Name
Payment Source Inc.
Recipient Postal Code
K2K 2E3
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
172-2025-2026-Q4-1038381