Lenders ‘New Normal’; The shift to digital payments

digital payments
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 with robust digital payment infrastructure…

What Are ACH Payments and How Do They Work?

ACH Payments
An ACH payment is a bank term that stands for the Automated Clearing House. ACH payments are electronic transfer systems that move money between bank accounts in the U.S. A few examples of ACH payments include direct deposits, payroll, online…

How Integrated Payments Help ISVs Grow Revenue

integrated payments partnership
In today’s growing technology landscape, particularly when it comes to digital and integrated payments, it’s no secret that consumers want innovation and seamless payment solutions when it comes to making transactions. For independent software vendors (ISVs), it can be daunting,…

Everything you need to know about EFT banking

EFT payments
Digital disruption has overhauled age-old processes in every industry to be more customer-centric, user-friendly, connected, and, above all, digital. For the financial industry, digital technologies such as electronic transfer funds, or EFT banking, helps banks meet rising consumer expectations and…

How Does Visa Direct Work?

VoPay Visa Direct
You can access our Visa Direct service (AKA VoPay Istant) through our developer-friendly API or payment portal to send real-time payouts to almost any Visa Debit cardholder in Canada 24 hours a day, 7 days a week. Last quarter global…

The State of Canadian Digital Banking

Canadian Digital Banking
The pandemic has been the primary driver of rising digital banking usage this year in Canada and will continue to drive further spending by banks’ on their digital platforms in the near term and long term as user experience on…