Yahoo Finance reported on Alternative Payments’ strategic expansion into Canada, establishing the company’s first international market presence as part of Baxter’s vision to build “the first truly global alternative payments network.” The financial news coverage highlighted the opening of new field offices in Toronto and Vancouver with dedicated local teams for partner engagement and customer support, emphasizing how early pilots with Canadian MSPs and solution partners are already generating momentum. The expansion addresses a significant market opportunity, as Baxter noted that Canada currently lacks sophisticated solutions to automate payments and support companies operating on both sides of the border.
The Yahoo Finance coverage emphasized the technical infrastructure behind the expansion, including CAD/EFT support with direct integration to Canadian bank rails that enables seamless domestic fund movement while positioning Alternative Payments for additional global markets. Following the recent API launch that gives MSPs full control over billing operations, the Canadian expansion demonstrates the company’s commitment to digitizing B2B payment workflows for IT service providers, MSPs, and blue-collar industries across North America. The financial platform’s coverage underscored how the expansion delivers Alternative Payments’ proven value proposition of 40-50% faster payment processing through automated workflows to a new international market, providing Canadian businesses access to comprehensive merchant services and client-facing B2B financing options.