The Need For Payment Speed

Posted on September 11, 2020

Payment speed has never been more top of mind or important than now. A recent PayPal survey, it found that 76% of small businesses in the U.S. have reported they are struggling with cash-flow shortages and 91% said having real-time payments could help with some of that. Organizations like Payments Canada and Nacha are working with their respective payment networks to usher in real-time payments for both consumers and businesses. At VoPay we're also committed to improving payment speed and offer several different payment services that have varying funding times. Let's have a look:

vopay payment speed

EFT / ACH, Intelligent EFT / ACH (iQ11) and Interac e-Transfer® Bulk are all available through VoPay's single API or payments platform. Learn more here.

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