Accept/Pay Global recently announced the launch of Real-Time Payments with Interac.
The new financial technology product from APG enables businesses across Canada to send and receive payments instantly and securely using Interac e-Transfers.
Enterprise customers and financial platforms looking to streamline collections and disbursements can now integrate APG’s API to deliver speed, convenience, and reliability in payments, according to a statement from the Toronto firm.
“Real-time payments are table stakes for delivering superior customer experiences—whether you’re funding a loan, processing payroll, or settling claims,” says Gajen Pararajalingam, COO of Accept/Pay Global.
Real-Time Payments with Interac is now available to all Canadian enterprises, he says. The solution is designed to support instant loan disbursements for alternative lenders; real-time payroll and earned wage access programs; customer payouts for insurance providers; and faster B2B settlements.
“Our Interac-powered solution allows clients to move funds instantly to any Canadian bank account, securely and at scale,” Pararajalingam remarked.
The API-driven platform enables enterprise-grade integration into existing business systems, supporting full audit trails, reporting, and automated reconciliation, according to the COO.
“With Accept/Pay Global’s Real-Time Payments with Interac, our clients can give their customers exactly what they expect: instant access to funds,” stated Pararajalingam.
“We’re excited to help businesses modernize their payment infrastructure and unlock new competitive advantages,” he added.
Accept/Pay was founded in Ontario in 2003 as EFT Canada with a mission of providing valued electronic funds transfer and payment solutions that make a positive impact.
In 2021, EFT Canada was acquired and, under new management, has since evolved into Accept/Pay Global.
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