Payment Source Enables 'In-Person' Tax Payments Coast-to-Coast

TORONTO, ON--(Marketwired - May 24, 2017) - Payment Source, a leader in the Canadian payments industry, announced today a new payment option for Canadian taxpayers. Taxpayers can now visit any post office, anywhere in the country, to pay their taxes using Payment Source's proprietary Loadhub service.

"We are proud of the work we have been doing with the post office over the last decade to develop payment innovations that positively impact Canadians," said Trevor Cook, CEO of Payment Source. "By leveraging Canada Post's unparalleled retail reach we are able to offer this new service to all Canadians."

Loadhub's payment-code solution and integration into Canada Post's point-of-sale make many kinds of payment possible, all in a quick, easy and secure manner for the customer.

Taxpayers can make payments in two easy steps:

1. Visit https://payinperson.ca/cra and follow the instructions to receive a unique Loadhub payment code on a smartphone or via email to print
2. Visit any post office, present the payment code and make payment (via cash or debit) to the clerk. (There is a small service fee for each payment)

Once the payment is made, taxpayers receive a receipt as proof of the transaction. The receipt will reflect the date the taxpayer made a payment at a Canada Post location.

"Whether making online purchases, loading a mobile wallet or settling your taxes, it's important that Canadians have as many convenient options as possible. We're excited to be working with Canada Post to offer in-person cash or debit payment at any post office coast-to-coast," said George DeMarchi, President, Payment Source.

For more information on how Loadhub enables companies to collect in-person payments at over 6,000 locations across Canada, visit www.loadhub.ca.

About Payment Source:

Payment Source provides alternative payment solutions to organizations of all sizes and has the solution for every retail environment including; POS terminals, PC applications, mobile apps and integrated solutions. Now Prepay, by Payment Source, provides prepaid mobile top ups, gift cards and financial products and services to more than 15,000 retailers across Canada. Through the proprietary Loadhub® network, Payment Source provides secure, real-time in-person payments capability in every community across Canada. Loadhub is the best possible solution for customers of reloadable card programs, mobile wallets, and anyone else looking to load funds to an account or take one-time payments or collections.