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Take More Control Over Your Cashflow with Interac e-Transfer for Business.

VoPay’s e-Transfer for Business solution is a simple, convenient, and secure way to send and receive near real-time payments at scale directly from one bank account to another using our powerful API integration. Easily automate recurring payments with higher fund limits requiring only an email address.

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  • Trusted by Canada's Leading Financial Institutions

Send & Request Unlimited e-Transfer Payments 24/7/365

Send Unlimited e-Transfers

VoPay’s Interac e-Transfer service is an enterprise-grade solution that empowers your business with the ability to send $25,000 per payment limit to multiple recipients simultaneously. Transactions are processed in real-time and funds are available immediately.

Request e-Transfer for Business

With the e-Transfer Request Money feature, you can manage account receivables and easily request funds owed from a customer or vendor, eliminating the time spent waiting for an invoice or cheque to be mailed back. You can request money from your clients in real-time at scale for up to $25,000 per transaction with automated reminders to consolidate the process and save time.

  • Send Unlimited e-Transfers
  • Request e-Transfer for Business

Send Unlimited e-Transfers

VoPay’s Interac e-Transfer service is an enterprise-grade solution that empowers your business with the ability to send $25,000 per payment limit to multiple recipients simultaneously. Send up to 1,000 e-Transfers in real-time or up to 100,000 e-Transfers overnight using only an email address.

Request e-Transfer for Business

With the e-Transfer Request Money feature, you can manage account receivables and easily request funds owed from a customer or vendor, eliminating the time spent waiting for an invoice or cheque to be mailed back. You can request money from your clients in real-time at scale for up to $25,000 per transaction with automated reminders to consolidate the process and save time.

Bulk Payouts with e-Transfer for Business

Take more control over your cash flow thanks to real-time bulk e-Transfer.

Connect your ERP, Software or APP to trigger the bulk Interac e-Transfer process.

Once each bulk transfer has been initiated, it behaves like any other transfer. The recipient gets an email notification from Interac and deposits the transfer.

Interac processes the transaction and sends a summary back to VoPay. VoPay, in turn, sends it back to the Client’s API to indicate which payments were sent and which (if any) could not be processed.

Clients receive a real-time acknowledgment, processing summary and daily status reports, including the deposit of funds, and statuses of pending and cancelled transactions.

A Convenient Way to Request Money

Streamline your accounts receivable workflow with instant funding using VoPay’s Interac e-Transfer Request Money feature. Easily request money you are owed from clients or vendors including the option of adding an invoice number and due date using only an email address. VoPay users can track payments with detailed daily reporting for deposits and outstanding payments to support quick reconciliation.

Automate Payment Flows

across your Business using a single API integration

Offer the Fastest, Most Cost-Efficient Funding Option

  • Easy Signup Process

    All you need is the recipient’s Name and Email Address

  • Quick Reconciliation

    Near real-time processing with acknowledgment and daily status reports

  • Real-Time Funding'

    Send & Request unlimited e-Transfer payments across Canada 24/7/365.

  • Increased Funding Limits

    Unlike regular Interac e-Transfer, e-Transfer for Business has $25,000 per payment limits.

  • Seamless Integration

    Access the service through VoPay’s developer-friendly API.

  • Digital Convenience

    Prevent cheque returns, eliminate mail and cheque processing times, and eliminate the need for void cheques

  • Security

    Each payment requires an answer to a security question and each transaction is encrypted and digitally-signed, for confidentiality and non-repudiation.

  • Customizable

    Include a personalized message, a due date or add an invoice number.

One Integration. Millions of Opportunities.

Ready to enable e-Transfer payments? Speak with a Product Specialist today!

e-Transfer Frequently Asked Questions

What is e-Transfer for Business?
e-Transfer for Business is a money-transfer service for Canadian companies that uses online banking to move funds from one account to another. It allows businesses to receive money from customers quickly and securely by using only an email address. The funds are transferred from one account to another in real-time using established and secure banking procedures.

By partnering with Interac, VoPay facilitates millions of dollars in e-Transfers every month as a safe and secure payment solution for all parties involved.
What is Different About e-Transfer for Business?
Compared to traditional banking solutions, catering to small business volumes, VoPay’s commercial e-Transfer for Business solution allows enterprises to send or collect unlimited e-Transfers payments in near real-time with a $25,000 limit for each transaction.
How Many e-Transfers Can I Send at Any One Time?
As many as you need to. VoPay customers can send unlimited e-transfers at any one time.
How Much Money Can I Send?
A lot and a higher limit than ever before, $25,000 to be exact. The daily e-transfer funding limit is $25,000 per payment. So let’s say you owe 56 suppliers $25,000 each. With just an email address you can disburse $1.4 million out of your account and into theirs. In real-time.
How Do I Cancel an Interac e-Transfer Transaction?
Once an e-Transfer request has been processed and the specified transfers have been created, the sender can cancel them until the recipient picks them up. This can be done from the submission of a cancel request.

When a transaction has already been accepted, and the deposit made, the transaction is considered complete.
What Is The Processing Time For e-Transfer For Business?
Payments
Transactions are processed in near real-time but can take up to 30 minutes, depending on your bank or credit union. Interac will process the transactions and send the transfers as soon as possible, based on system availability. At VoPay, we run a program that checks for new e-Transfers every 3 minutes.

Inbound e-Transfers
Once the e-Transfer has been sent by the client to the customized email configured by the VoPay administrator, the funds will be available in your VoPay accounts immediately.

Request Money
When you Request Money using Interac e-Transfer, an email or text message is sent to the recipient typically within 1 minute, though some notifications may take up to 30 minutes. Once the end-user has processed the request, funds will be sent in near real-time to your VoPay account.
What Happens If The Recipient Does Not Accept the Funds?
Most commonly transactions will expire in 30 days, that being said VoPay clients have the ability to specify a specific expiry date if desired. Upon expiration, funds that were sent will automatically be redeposited into the sender’s account.
Will Every Bank in Canada Accept an e-Transfer?
With Interac e-Transfer for Business, you can send single or multiple Interac e-Transfers that will be accepted at 250 financial institutions. See a complete list here.
What Are Some Common Use Cases for The e-Transfer For Business Payment Solution?
The e-Transfer for a business solution can be used for a wide range of purposes, with payment flows customizable to suit business needs. Some common payment use case includes:

Earned Wage Access - employers can send real-time payouts of earned wages to workers using only an email address

Lending - lenders can offer a real-time loan funding option and exceed customer expectations when they need money quickly

Insurance - Optimize the insurance claim payout process and maximize customer satisfaction

Gig Economy - Companies can give gig workers the option to receive speedy payouts for their work

Accounts Payable - e-Transfer for Business makes it possible to send payments to vendors quickly and easily, saving time and reducing paperwork.
Is e-Transfer for Business Just for Sending Payments?
No. This is a robust payment solution for many of your business needs. VoPay clients can send single or bulk payments, request money from their clients and utilize Inbound e-Transfer to receive payments. Basically, you can send, request, or receive payments 24/7/365 from or to anywhere across Canada.

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