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It’s becoming increasingly apparent throughout the pandemic that automating processes significantly helps a company’s efficiency. Moreover, it helps the bottom line.    By automating the accounts payable process a company’s financial operations improve. Automation has many

Introduction ACH payments are one of the core focus of our entire business. VoPay supports ACH payment processing for Canadian businesses operating in the US, providing a complete one-stop-shop selection of payment services across the

The definition of B2B payments that gets tossed around is: B2B payments is the transfer of value denominated in currency from buyer to supplier for goods or services. But where it gets interesting is the

The pandemic brought us many things. Many challenges of course, but there were also a few bright spots that we like to refer to as COVID silver linings. One silver lining was the increasing demand

You’re going to hear a lot about account-to-account payments (A2A) in the coming years. Overseas, they are already causing disruption throughout the financial sector. In fact, according to the Worldpay Global Payments Report 2020, A2A

The future of payments is here. Now.  Digital payments have arrived. It’s time for businesses to not only familiarize themselves with digital payments but embrace them and understand that they are a key factor in

Electronic Funds Transfer (EFT) is incredibly popular in Canada. At last check it accounted for 77% of total payments —that’s almost 17 billion transactions in Canada. It’s essential for businesses to recognize this number and

In recent years, countries around the world have been moving to upgrade their legacy systems to enable real-time payments and data-rich transactions. In 2016, Canada announced plans to build a new core clearing and settlement

Digital payments were considered a luxury in many markets before 2020, but that changed as the COVID-19 pandemic accelerated slow-moving trends away from cash and cheques and towards reliance on digital payments and real-time payments. Countries

Last week the 2021 Fintech & Financing Conference and Expo #FFCON was held, this digital conference reflected on the growth and challenges that the Canadian Fintech industry is currently navigating. There were various events, panels