Latest news with #RealTimePayments
Finextra
5 days ago
- Business
- Finextra
Accept/Pay Global launches real-time payments with Interac
Accept/Pay Global (APG) today announced the launch of its Real-Time Payments with Interac product, enabling businesses across Canada to send and receive payments instantly and securely using Interac e-Transfers. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Enterprise customers and financial platforms looking to streamline collections and disbursements can now integrate with our API to deliver speed, convenience, and reliability in payments. The solution is now available to all Canadian enterprises, with a particular focus on high transaction volume use-cases in lending, earned wage access, and insurance. Gajen Pararajalingam, COO of Accept/Pay Global said, "Real-time payments are table stakes for delivering superior customer experiences - whether you're funding a loan, processing payroll, or settling claims. Our Interac-powered solution allows clients to move funds instantly to any Canadian bank account, securely and at scale." The Real-Time Payments with Interac product is designed to support: Instant loan disbursements for online and alternative lenders Real-time payroll and earned wage access (EWA) programs for on-demand payments Claims and customer payouts for insurance providers Faster B2B settlements and vendor payments Accept/Pay Global's API-driven platform enables seamless integration of real-time payments into existing business systems — supporting full audit trails, reporting, and automated reconciliation. Key Benefits: Instant Payments to any Canadian bank account via Interac Enterprise-grade API integration for automated payouts at scale 24/7/365 availability, including evenings, weekends, and holidays Real-time visibility into payment status and delivery Built-in compliance and fraud monitoring for regulated industries "With Accept/Pay Global's Real-Time Payments with Interac, our clients can give their customers exactly what they expect — instant access to funds," added Gajen. "We're excited to help businesses modernize their payment infrastructure and unlock new competitive advantages." Real-Time Payments with Interac is now live and available to Accept/Pay Global customers across Canada. The solution is offered as a standalone API product or as part of APG's broader electronic funds transfer (EFT) and digital payments platform.
Finextra
14-05-2025
- Business
- Finextra
How payments modernisation can help the UK retain its fintech crown
In this FinextraTV interview, Helena Forest, EVP, Global Product & Commercial, Real Time Payments, Mastercard gives her opinion on the current state of the payments landscape in the UK. Modernisation, regulatory compliance, collaboration and the governments National Payments Vision all feature as reasons to be optimistic.
Finextra
14-05-2025
- Business
- Finextra
How Payments Modernisation Will Sustain UK's Fintech Crown
In this FinextraTV interview, Helena Forest, EVP, Global Product & Commercial, Real Time Payments, Visa gives her opinion on the current state of the payments landscape in the UK. Modernisation, regulatory compliance, collaboration and the governments National Payments Vision all feature as reasons to be optimistic.
FF News
12-05-2025
- Business
- FF News
The Real-Time Rail Build is on Track for Completion in Q3 2025
Jude Pinto, Chief Delivery Officer at Payments Canada, was joined by the Real-Time Rail (RTR) delivery partners at The Payments Canada SUMMIT to provide an update on this national infrastructure. 'The system build is on track to be finished in Q3 2025, which is a huge accomplishment for the program' said Pinto. 'This milestone highlights the progress we've made in developing a system built in Canada for Canada and reflects the strength of our collaborative delivery approach.' Pinto was joined on the mainstage of The Payments Canada SUMMIT by representatives from the RTR delivery partners: John Collinson of Interac, Rob Mayer of CGI, Jeff Mulholland of IBM Canada and Todd Roberts of Deloitte Canada. They discussed their collaborative approach to delivering the RTR as a unified team and together reaffirmed that the RTR build is tracking towards completion in Q3 of this year, as planned. Once the RTR is built, the testing phase is set to occur through 2025 and 2026, paving the way for a robust and reliable system that meets the needs of Canadians. The RTR will be launched once the testing phase has been successfully completed. Real-time payments and the RTR proved to be topics of interest at The 2025 SUMMIT, with several panelists and speakers addressing the strong progress of the build and the transformation the system will bring to the payment ecosystem. The SUMMIT, hosted by Payments Canada, is Canada's annual premier payment event. For over 20 years, The SUMMIT has been the place to engage with exciting ideas and connect with the best leaders and innovators from across the ecosystem. The 2026 Payments Canada SUMMIT will be back at Toronto's Automotive Building from May 5 to 7. Subscribe to The SUMMIT newsletter for exclusive updates on Canada's premier payments event.
Finextra
09-05-2025
- Business
- Finextra
Real-Time Rail on track for Q3 completion
Jude Pinto, Chief Delivery Officer at Payments Canada, was joined today by the Real-Time Rail (RTR) delivery partners at The Payments Canada SUMMIT to provide an update on this national infrastructure. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. 'The system build is on track to be finished in Q3 2025, which is a huge accomplishment for the program' said Pinto. 'This milestone highlights the progress we've made in developing a system built in Canada for Canada and reflects the strength of our collaborative delivery approach.' Pinto was joined on the mainstage of The Payments Canada SUMMIT by representatives from the RTR delivery partners: John Collinson of Interac, Rob Mayer of CGI, Jeff Mulholland of IBM Canada and Todd Roberts of Deloitte Canada. They discussed their collaborative approach to delivering the RTR as a unified team and together reaffirmed that the RTR build is tracking towards completion in Q3 of this year, as planned. Once the RTR is built, the testing phase is set to occur through 2025 and 2026, paving the way for a robust and reliable system that meets the needs of Canadians. The RTR will be launched once the testing phase has been successfully completed. Real-time payments and the RTR proved to be topics of interest at The 2025 SUMMIT, with several panelists and speakers addressing the strong progress of the build and the transformation the system will bring to the payment ecosystem. The SUMMIT, hosted by Payments Canada, is Canada's annual premier payment event. For over 20 years, The SUMMIT has been the place to engage with exciting ideas and connect with the best leaders and innovators from across the ecosystem. The 2026 Payments Canada SUMMIT will be back at Toronto's Automotive Building from May 5 to 7. Subscribe to The SUMMIT newsletter for exclusive updates on Canada's premier payments event.
