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Latest news with #Real-TimePayments

Accept/Pay Global Launches Real-Time Payments with Interac, Empowering Businesses to Move Money Instantly
Accept/Pay Global Launches Real-Time Payments with Interac, Empowering Businesses to Move Money Instantly

Yahoo

time2 days ago

  • Business
  • Yahoo

Accept/Pay Global Launches Real-Time Payments with Interac, Empowering Businesses to Move Money Instantly

TORONTO, June 13, 2025 /CNW/ - 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. 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. To learn more or schedule a demo, visit or contact sales@ About Accept/Pay Global 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. SOURCE Accept/Pay Global View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Accept/Pay Global Launches Real-Time Payments with Interac, Empowering Businesses to Move Money Instantly
Accept/Pay Global Launches Real-Time Payments with Interac, Empowering Businesses to Move Money Instantly

Cision Canada

time2 days ago

  • Business
  • Cision Canada

Accept/Pay Global Launches Real-Time Payments with Interac, Empowering Businesses to Move Money Instantly

TORONTO, June 13, 2025 /CNW/ - 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. 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. 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.

Cross River Launches Request for Payment (RfP) to Power Smarter, Real-Time Money Movement
Cross River Launches Request for Payment (RfP) to Power Smarter, Real-Time Money Movement

Business Wire

time6 days ago

  • Business
  • Business Wire

Cross River Launches Request for Payment (RfP) to Power Smarter, Real-Time Money Movement

FORT LEE, N.J.--(BUSINESS WIRE)--Cross River Bank ('Cross River'), a technology infrastructure provider that offers embedded finance solutions, announced the launch of Request for Payment (RfP), a transformative addition to its growing suite of instant payment capabilities. The capability will streamline inbound money movement and enhance funding agility across the Real-Time Payments (RTP) ® network. Plaid will be the first to implement the feature, unlocking instant purchases through its bank payments platform, Plaid Transfer. A leader in instant payments and an early adopter of the RTP ® network, Cross River moves over $1 billion monthly in real-time disbursements across RTP ® and FedNow combined. However, while outbound payments have become instant, inbound funding has lagged — dependent on ACH and wire transfers that operate on batch processing and limited banking hours. Now, Cross River will be one of the first financial institutions to support RfP on the RTP ® network, paving the way for faster and more reliable pay-in options. 'The current reality of money movement is imbalanced — payments go out in seconds, but pay-ins often take a day or more,' said Adam Goller, EVP and Head of Fintech Banking at Cross River. 'RfP is a smarter, more flexible way to receive incoming funds. It gives our partners greater control over timing, real-time visibility into each transaction, and reduces the need for overfunding or constant balance monitoring — all while delivering a better experience for the end user.' RfP allows businesses to send a secure, digital request for payment — enabling payers to authorize and send funds instantly with greater control, a significant step forward in streamlining the payment experience and reducing friction in how money moves. With RfP, businesses will be able to instantly fund digital wallets and accounts, reduce operational friction from delayed deposits, and improve customer experience with smooth, real-time pay-in options. Plaid, the first to implement RfP functionality with Cross River, will enable real-time pay-ins for Carvana customers. This integration allows car buyers to complete purchases instantly and seamlessly — eliminating the friction typically caused by traditional bank transfers. 'Instant payment rails unlock huge value for businesses and end customers by reducing friction, accelerating funding, and boosting conversion,' said Brian Dammeir, Global Head of Payments and Financial Management at Plaid. 'Through our partnership with Cross River, Plaid Transfer now offers instant pay-ins, instant payouts and Same Day ACH, as part of a full solution with best-in-class account linking and optimized conversion, so customers can tailor bank payments across their business.' Built on Cross River's proprietary API-based banking core infrastructure, COS, the RfP solution was developed with security, transparency, and compliance at its core. Each RfP is presented to the recipient by the receiving financial institution for explicit authorization, ensuring full control over every transaction. This adds a critical layer of security and trust, while improving the user experience on both ends of the exchange. Cross River is continuing its mission to modernize financial services and provide real-time tools that reflect the pace of today's economy. This new capability reflects Cross River's commitment to building a more inclusive and modern financial system — where speed and safety go hand in hand. About Cross River Cross River provides technology infrastructure powering the future of financial services. Leveraging its proprietary real-time banking core, Cross River delivers innovative and scalable embedded payments, cards, lending, and crypto solutions to millions of consumers and businesses. Cross River is backed by leading investors and serves the world's most essential fintech and technology companies. Leading the industry, Cross River is reshaping global finance and financial inclusion. Member FDIC. Find out more at

Aeropay Expands Banking Network Through Partnership with Regent Bank, Enhancing Payment Flexibility
Aeropay Expands Banking Network Through Partnership with Regent Bank, Enhancing Payment Flexibility

Yahoo

time04-03-2025

  • Business
  • Yahoo

Aeropay Expands Banking Network Through Partnership with Regent Bank, Enhancing Payment Flexibility

Partnership Increases Access to ACH, RTP, and FedNow Services, Supporting a Seamless Banking Experience CHICAGO, March 04, 2025--(BUSINESS WIRE)--Aeropay, a leading provider of pay-by-bank solutions, announced its partnership with Regent Bank today, further expanding its robust banking network to enable fast, secure transactions. Regent Bank, a trusted institution known for its innovative financial services, joins Aeropay's growing ecosystem of banking partners, offering clients and end-users access to ACH, Real-Time Payments (RTP), and FedNow services. "Businesses need banking partnerships that prioritize flexibility, reliability, and risk mitigation," said Steve Baker, Chief Innovation Officer at Regent Bank. "Working with Aeropay aligns with our mission to deliver secure, customer-centric payment solutions, empowering businesses to scale with confidence." The partnership between Aeropay and Regent Bank underscores the importance of a diversified banking network, enabling businesses to maintain uninterrupted payment operations and mitigate risk. By integrating with multiple banking partners, Aeropay ensures businesses have multiple banking options, providing continuity in the event of service disruptions. "Aeropay's mission is to create a seamless and secure digital payment ecosystem for businesses, and our partnership with Regent Bank marks another step in achieving that goal," said Daniel Muller, Founder and CEO of Aeropay. "By adding Regent Bank to our network, we're providing our clients with enhanced access to modern payment services and a more resilient banking infrastructure." Aeropay's banking network includes a diverse group of financial institutions, allowing businesses to leverage cutting-edge payment technologies. Regent Bank joins this ecosystem, delivering tailored solutions that cater to businesses of all sizes and industries. Services provided through the Aeropay-Regent Bank partnership include: ACH (Automated Clearing House): A reliable solution for processing large volumes of electronic transactions. Real-Time Payments (RTP): Instant transaction capabilities, enabling businesses to manage cash flow with precision. FedNow: A new, fast payment service facilitating immediate funds availability. Through Aeropay's solutions, businesses benefit from seamless integration with their existing financial systems while leveraging industry-leading compliance and security measures at the core of the platform. About Aeropay Aeropay is a cutting-edge payment technology provider specializing in account-to-account payment solutions. Focusing on open banking and seamless integration, Aeropay delivers efficient payment processing solutions to a range of industries, including gaming, health and wellness, and e-commerce. For more information, visit or email hello@ About Regent Bank Regent Bank is a leading financial institution known for its relationship-driven approach to banking. With specialized divisions in Ag Banking, Healthcare Private Banking, Cannabis Banking, Tech, and Hispanic Business Banking, Regent Bank serves a diverse clientele, providing tailored financial solutions and exceptional service. The bank operates multiple locations in Oklahoma, Texas and Missouri, continuously striving to build and deepen relationships with its clients and communities. Regent Bank is a Member FDIC. View source version on Contacts To schedule an interview, please contact:Lindsay Raleigh, Head of 630-995-6935 Sign in to access your portfolio

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