
Accept/Pay Global Launches Real-Time Payments with Interac, Empowering Businesses to Move Money Instantly
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.
Accept/Pay Global is a leading provider of secure, reliable electronic payment solutions for businesses across Canada and North America. With over 20 years of experience managing EFTs and digital disbursements, APG empowers enterprises to move money with confidence - through advanced API integration, robust compliance features, and scalable transaction processing.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Winnipeg Free Press
an hour ago
- Winnipeg Free Press
Duty-free shops facing ‘full-blown crisis' with no relief in sight
John Slipp took over his father's duty-free store in 1994, which had been started more than a decade earlier. This month, he closed the Woodstock Duty Free Shop Inc. as lower traffic at the U.S.-Canada border dealt the final blow to a business already weakened by the COVID-19 pandemic. Now, at 59, Slipp says he will have to find another source of income and is advocating for more government support for stores like his. Fewer Canadians have been heading south in recent months in response to U.S. President Donald Trump's trade war with Canada, his comments about annexing the country and because of fears among travellers about treatment at the border. In the duty-free industry, Slipp said less border traffic directly correlates to fewer sales. 'It was very difficult. The business had many good years. I certainly didn't want to be in the position of calling an end to a business career, giving up, calling it quits, both personally and in terms of my late father,' Slipp said. At the store's peak in the early 2000s, Slipp said there were about 15 people on staff. In March 2020, he said he laid off four people and reopened after the pandemic with two employees. Late in the summer of 2021, Slipp said duty-free stores were 'all starting from zero to rebuild again.' By the end of 2024, his business was still down about one-fifth from where it was in 2019. Then Trump returned to the White House. From January to April this year, things got worse for Slipp's store, and he ultimately decided to close based on declining sales and traffic numbers. 'Just realizing that even after the U.S. administration changes down the road, in our industry, we do not expect the border traffic to change overnight as a result of that. We believe it's going to take years,' he said. Recent figures from Statistics Canada noted that return trips from the U.S. dropped again in July as Canadians continue to shun travel to the U.S. The number of Canadian residents returning from the U.S. by automobile was down 36.9 per cent on an annual basis in July, marking the seventh consecutive month of year-over-year declines. Barbara Barrett, executive director of the Frontier Duty Free Association, said the stores her association represents have been feeling the decline in traffic for months. 'I would describe our industry as being in a full-blown crisis, and we've been saying that for a number of months now,' she said. Sales at duty-free stores have fallen between 40 and 50 per cent year-over-year across the country since late January, with some remote crossings reporting annual declines of up to 80 per cent, the association said. Barrett added that duty-free stores are often a microcosm of what is happening at the border. 'This should be our busy season during the summer, but it is not; it is pandemic-level traffic in the parking lots, and it has led to one store closing in the east. We are unfortunately afraid that we will likely see more closures as we draw to the end of the summer,' she said. Unlike airport stores, which are often owned by international companies, Barrett noted all of the land border stores are independently owned and are often family-run businesses. While Canadians shun U.S. trips, travel expert Claire Newell said many are opting for domestic and other international destinations. 'We live in a country where it's still very expensive to travel domestically. And while there are many people who are choosing to travel within Canada, we also see more people heading to popular destinations,' she said. She said she doesn't see Canadians changing their travel habits back to normal until there is a trade deal 'that feels fair.' As lower border traffic weighs on the industry, Barrett said she is advocating for 'small regulatory changes.' 'We have some taxes on our products that, believe it or not, in a tax- and duty-free industry that our U.S. competitors don't have. So we're asking for those to be changed so we can be more competitive,' she said. 'Also, we're asking to qualify for some of these tariff relief programs or pandemic-level supports along the lines of what they did during the pandemic with wage subsidy or rent subsidy.' Barrett said the government is the landlord for many duty-free stores and said a rent deferral or subsidy would help the industry until travel patterns normalize. She added that there have been conversations between her organization and senior government officials. Barrett said those officials agreed the association was putting forward 'small asks' to support the industry. An Aug. 2 release announcing the Woodstock Duty Free Shop's closure mentioned that the federal and provincial governments had promised tariff relief support programs to help businesses impacted by trade tensions. 'I pinned a lot of hopes on those when both levels of government made those announcements. I was reminded of the pandemic support programs,' Slipp said, adding that his business had benefited from such programs. Monday Mornings The latest local business news and a lookahead to the coming week. His attention has now turned to advocating for rent deferral programs for duty-free shops renting land from either the federal government or from a bridge authority as well as loan programs for duty-free stores. When he looks at the future of the industry, he said the prospects 'are not bright.' 'I'm grieving the loss of my business, but I'm also accepting the reality that the business environment has changed and there is nothing in the bag of tricks that would suggest positive changes in this industry in the short to medium term,' Slipp said. 'I'm feeling bad that I was not able to succeed in the end and that I am having to lay to rest this business that my father and I have built and spent so many years working so hard on.' This report by The Canadian Press was first published Aug. 17, 2025.


Cision Canada
11 hours ago
- Cision Canada
Air Canada and Air Canada Rouge Operations Remain Suspended Pending Outcome of CIRB Process
Rolling cancellations now extend to the afternoon of August 17, 2025 MONTRÉAL, August 16, 2025 /CNW/ - Air Canada today said all flights of Air Canada and Air Canada Rouge remain suspended pending the outcome of a Canada Industrial Relations Board (CIRB) process related to a directive by the Government of Canada ordering binding arbitration in the company's contract negotiations with its flight attendants. Customers whose flights are cancelled are being notified of the cancellations and offered options that include a full refund, a future travel credit or rebooking on another airline. Those whose flights are cancelled are strongly advised not to go to the airport unless they have a confirmed booking on a flight by another carrier. In response to a labour disruption by the Canadian Union of Public Employees (CUPE) that led to a strike on August 16, Air Canada has been cancelling flights on a rolling basis. At present, all flights by Air Canada and Air Canada Rouge are cancelled until the afternoon (EDT) of August 17, 2025. Air Canada Express flights operated by Jazz or PAL continue to operate as normal. Air Canada deeply regrets the disruption's impact on customers. Additional customer information, including an FAQ, is available Air Canada is Canada's largest airline, the country's flag carrier and a founding member of Star Alliance, the world's most comprehensive air transportation network. Air Canada provides scheduled service directly to more than 180 airports in Canada, the United States and Internationally on six continents. It holds a Four-Star ranking from Skytrax. Air Canada's Aeroplan program is Canada's premier travel loyalty program, where members can earn or redeem points on the world's largest airline partner network of 45 airlines, plus through an extensive range of merchandise, hotel and car rental partners. Through Air Canada Vacations, it offers more travel choices than any other Canadian tour operator to hundreds of destinations worldwide, with a wide selection of hotels, flights, cruises, day tours, and car rentals. Its freight division, Air Canada Cargo, provides air freight lift and connectivity to hundreds of destinations across six continents using Air Canada's passenger and freighter aircraft. Air Canada's climate-related ambition includes a long-term aspirational goal of net-zero greenhouse gas emissions by 2050. For additional information, please see Air Canada's TCFD disclosure. Air Canada shares are publicly traded on the TSX in Canada and the OTCQX in the US. Media Resources: Photos Videos B-Roll Articles SOURCE Air Canada


Toronto Sun
15 hours ago
- Toronto Sun
EDITORIAL: Stick a fork in ‘Elbows Up'
Prime Minister Mark Carney has promised about $1.2 billion in loan guarantees, grants and contributions for Canadian sawmills. Photo by Darren Makowichuk / DARREN MAKOWICHUK/Postmedia 'Elbows Up' hasn't been Prime Minister Mark Carney's approach to dealing with U.S. President Donald Trump on tariffs ever since he won the April election and it's time to consign the phrase to the dustbin of history. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account While Carney advocated dollar-for-dollar tariffs against the U.S. during the Liberal leadership race, he quickly jettisoned the idea on becoming prime minister. That was logical given that Canada would lose a dollar-for-dollar trade war because the U.S. economy is ten times the size of ours. A Leger/Postmedia poll released last week found public support for the 'Elbows Up' approach to trade relations with the U.S. — that the Liberals originally promoted — has plummeted. Six months ago, it was at 73%. Now it's down to 45%, close to a statistical tie with 41% who say Canadian negotiators should take a more measured approach and focus on getting a deal with Trump, even if it means some tariffs on Canadian goods remain. This advertisement has not loaded yet, but your article continues below. That's similar to Carney's path on the issue — posing initially as a trade warrior who would meet Trump dollar-for-dollar on the field of battle and get a deal eliminating all the Trump tariffs. That was always a double-edged sword because Canadian counter-tariffs on imported U.S. goods are paid by Canadians in higher consumer prices. Carney's position has changed significantly since then. First, his government removed counter-tariffs it had initially imposed on many imported American goods that Canadian companies needed to continue operating. He scrapped the Liberals' digital services tax within days of Trump demanding it. Then he lowered expectations, saying a deal with Trump could include some U.S. tariffs. Carney also put out the word that Canada's position was that no deal with the U.S. was better than a bad deal. What it all means is that some of the tariffs Trump has already imposed on us could become permanent, leading up to renegotiating the entire Canada-U.S.-Mexico Agreement on trade that comes up for renewal next year. Trump agreed to that deal during his first term, praising it at the time as 'the fairest, most balanced, and beneficial trade agreement we have ever signed into law … the best agreement we've ever made.' Crime Toronto & GTA Toronto Blue Jays Canada Sunshine Girls