EveryDay operations move to Pateno
Pateno Payments announced on 30 October that it completed the acquisition of selected XTM assets, including the EveryDay payment program and its software. The transaction followed approval by the Ontario Superior Court of Justice during XTM’s proceedings under Canada’s Companies’ Creditors Arrangement Act. Pateno says it now owns and operates the platform, which businesses use to distribute tips and other approved payments digitally to workers.
GratiaPay becomes the operating brand
The company plans to rename the service GratiaPay while introducing the new identity across merchant portals, cardholder interfaces, communications and physical and virtual cards. Pateno describes itself as a registered payment service provider under Canada’s Retail Payment Activities Act and says existing access will continue through the transition. The announcement does not provide migration dates, revised pricing or detailed service-level commitments, so continuity remains a claim to validate rather than an assured outcome.
What it means for merchants
Canadian hospitality and service merchants using EveryDay should confirm that settlement timing, card access, support contacts, data retention and contractual terms remain unchanged during the GratiaPay migration. Keep payroll or tip-disbursement contingencies available until the new operator supplies a documented transition plan.
Read the original announcement
Pateno Payments via Business Wire · 30 Oct 2026This brief summarizes the linked primary source. Claims and reported figures have not been independently audited by Payment Guide.