The existing way of collecting Pre-Authorized Debit is outdated and time-consuming. Our digital PAD experience allows merchant to collects single or recurring funds safely and securely by sending a single payment link that includes embedded PAD agreements into all payment flows.
Text, email or embed a simple payment link into your existing payment flow to start collecting digital PAD today.
Today’s consumers expect diverse digital payment options. Today’s payment journey needs to be contactless, seamless and secure. Pre-authorized debits (PADs) have become the easiest way for consumers to pay bills and make recurring payments automatically.
Optimize your entire pre-authorized debit process with VoPay’s revolutionary account-to-account payment solutions.
The merchant sends the payor a secure payment link or the customer selects the PAD option during checkout
Once the end user clicks on the payment link they can securely connect their online bank account
VoPay validates the payers bank account information and available funds
VoPay tokenizes the data and gives it to the merchant enabling single or recurring collections to take place at the given date
Deployed through a single API, our payment services are customizable and configurable solutions that integrate into your existing infrastructure.Schedule a Demo
VoPay’s data-driven PAD solution digitizes the entire process, managing the collection process on behalf of the merchant. With iQ11, businesses can manage payments, monitor the transaction lifecycle and validate the bank account before the time of the transaction. Automatically collect one-off or recurring payments once the consumer connects to their bank account the first time.
|VoPay vs Traditional PAD||VoPay PAD |
|Prevent NSF fees by having visibility into available funds|
|Validate transaction status access to funds within T+1 business days|
|Verify users identities and bank information before the transaction|
|Credit card alternative for e-commerce checkout and recurring payments|
|Tokenize bank account information significantly enhancing payment security|
|100% paperless and mobile-first experience|
If you're a business that receives single or recurring payments from your customers, then using VoPay’s next-generation Pre-Authorized Debit solutions can make your life much easier. Some common client use cases include:
VoPay user-friendly client dashboard is mission control for transaction management and reporting.
Real-time visibility of merchant payments
Bulk file upload for EFT and e-Transfer
Bulk file upload for EFT and
Verify users identities and authenticate bank account prior to the transaction.
Reduce NSF fees by having visibility into bank accounts available funds.
Removing the manual processing and tokenized data means more security.
Eliminate the frustration, cost of missed payments and NSF with instant PAD collections.
Get full visibility into each transaction with courier package like tracking.
Save on credit card fees and offer more payment variety.
The pace of innovation within Canada's payments ecosystem is on the fast track. Throughout the last few years, (...)
Interac e-Transfer for Business is poised to do for business payments what Interac e Transfer did for the personal cheque (...)
VoPay’s Intelligent EFT / ACH (iQ11) adds a layer of data intelligence to EFT payments to make them faster, (...)
Get access to our developer friendly API and get a feel for how our payment solutions work.
We are happy to answer your questions. Fill out the form and we will have one of our team members contact you.