Interac e-Transfer®

Canada's favourite way to send and receive money has been automated by Paybilt and is ready for high-volume online businesses.

Processing: REAL-TIME

• All Canadian banks supported
• Built-in redundancy
• Extremely popular
• Guaranteed funds

The next big thing in Canadian payments.

The Interac e‑Transfer® is Canada’s most popular payment method for sending and receiving money. Canadian bank accounts have access to the Interac network by default and can both send and receive e-Transfers privately, securely, and immediately. Paybilt is the first payment solution in Canada to truly automate the e-Transfer, making it easy for merchants to accept them as payment for online purchases.

Interac® Online

Pay directly and instantly from a chequing account using an online banking username and password.

Processing: REAL-TIME

• Instant form of payment
• Uses Interac's secure rails
• Features low fees
• Trusted Interac brand

Worth a look if you're expanding your checkout.

Interac® Online can be used by customers that have a debit card without Visa or Mastercard co-branding. This product has a devoted following among some RBC and TD customers, and is a staple for credit union members. Users log in to their online banking through Interac's secure payment hosted page, choose an account, and accept the payment. The low fees make this an attractive option for business.

Online Banking Payment

Customers use their online banking username and password to pay instantly from their own bank account.

Processing: REAL-TIME

• Guaranteed payment
• No chargebacks
• Fully indemnified for some industries
• Quick and easy to use

Real-time EFTs before the existence of real-time EFTs.

This instant, guaranteed payment method is poised to make a big splash, allowing customers to pay from their bank accounts using their own money. Advanced fraud controls and indemnification make this one of the quickest and safest ways to accept payment from your customers, for all types of businesses.

eCheque

Essentially an "electronic cheque". Customers make payments online using the information from the bottom of a cheque.

Processing: 1-3 BUSINESS DAYS

• Supported by all banks
• Cost-effective
• Supports one-click checkout
• One-time or recurring billing

An EFT is still a great way to send money.

The original EFT or "electronic cheque" is still relevant in the 21st century and beyond. Our EFT service is exactly what its name implies. It uses account information collected from the user through an online form and is submitted to the banking network electronically.

Direct Deposit

Easy disbursement using an EFT. It's so simple, even the Canadian government pays people this way.

Processing: 1-3 BUSINESS DAYS

• Familiar to Canadians
• Simple and easy to use
• Cheaper than mailing a cheque
• All Canadian banks supported

Send funds directly to a bank account.

Tried, tested, and true - Direct Deposit allows merchants to send funds directly to the recipient's bank account, making EFT disbursement perfect for payroll, paying contractors, refunds, and commissions. Mailing physical cheques is time-consuming, expensive, and keeps people waiting. Direct Deposit helps speed up the process by making it digital, through a simple integration with our intelligent API.

Visa Direct

Send money directly to any Visa-branded card quickly and securely.

Processing: REAL-TIME

• Works with any Visa-branded card
• Funds sent in real-time
• Available for most industries
• Extremely convenient

A new and exciting way to disburse in Canada.

A true contender for replacing paper cheques once and for all, Visa is throwing its hat in the ring with a new product. The applications are almost endless - a company could top up all its drivers' gas cards in a single click for example. Another company could give all employees reloadable cards and push their sales bonuses to them. With almost universal support for Canadian debit and credit card holders, this method is sure to see a meteoric rise.

Mastercard Send

Send money directly to any Mastercard-branded card quickly and securely.

Processing: REAL-TIME

• Works with Mastercard-branded cards
• Funds sent in real-time
• Available for most industries
• Extremely convenient

Disburse in real-time to any Mastercard cardholder.

Yet another new disbursement tool makes its way onto the scene in Canada - Mastercard Send. This of course works in much the same way as Visa Direct, with many possible applications. We recommend adding both to your suite for the best coverage.