A Canadian Electronic Funds Transfer (EFT Canada) provides a convenient and cost-effective solution for managing Canadian e-check transactions. An easy to implement solution,you can debit Canadian bank accounts electronically. This dramatically reduces time and money spent on payment collection. Initiate recurring payments with just the click of a button.
And it integrates seamlessly with our U.S. ACH processing! One single system to manage both U.S. and Canadian e-check transactions and reporting data for reconciliation.
Key Benefits and Features
An EFT Payables solution from ACH Payments allows your business to:
- Manage your cash flow more efficiently and improve cash forecasting
- Reduce operating expenses associated with collecting/ writing cheques, manual processing, and time spent reconciling accounts
- Accelerate your payables process and control the timing of credits/debits to your account
- Receive notification of rejected payments
- Reduce lost and stolen cheques
- Mitigate the risks associated with cheque fraud and forgery
- Preserve the autonomy of your business units, while ensuring centralized concentration and control of funds
- Reduce bank service charges
Contact us now for more information on Canadian EFT.