Pay-By-Bank

Introducing
“Pay By Bank” Option for Online Transactions

A New Era of Inclusive Payment Solutions.

Save Processing Costs

By Accepting Debit Payments

We're excited to announce that our payment solutions now offer greater diversity and inclusivity. Using Interac’s secure e-transfer technology, we now provide a seamless “Pay By Bank” option for online and ecommerce payments, catering Canadians’ preference for debit transactions. This solution not only ensures convenience and security for your customers but also helps businesses save on transaction costs by accepting instant debit payments for online payments.

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Key benefits for businesses:

By accepting payments directly from your customers' bank, your customers and business both benefit.

Reach 40% more consumers

Attract new customers who prefer using debit or don’t have access to credit cards

Reduce Cart Abandonments

Reduce cart abandonment for online websites by offering a better way to pay for your customers.

Lower Fees

Lower payment fees by 50% compared to credit cards

Recurring Payments

Streamline recurring payments with seamless E-Transfers

Quick Payout

Real-time payment deposits into your bank account

Make Payments Accessible

Get access 98% of Canadians consumers who have a debit account with access to e-transfer

Elevate Your Payment Processing with Diverse Payment Solutions

At National Payments, we believe in revolutionizing the way businesses manage online transactions. Our strategic partnerships, coupled with the powerful Interac technology, can now empower your organization to diversify your payment options, offering greater flexibility and inclusivity that meets the diverse needs of your Canadian customers.

Embrace the Future of Inclusive Payments.

Join us at Benevolent Payments in embracing the future of inclusive payment processing. The pay-by-bank solution equips your organization with innovative and inclusive payment solutions, and also drives growth & customer satisfaction.

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HOW IT WORKS:

Accept Real-Time Payments

Once the customer chooses their bank, they will be taken directly to their bank's app to accept the Interac e-Transfer®.

Issue Real-Time Payouts

Send refunds, rebates, or instant payments to a customer's email address using Interac e-Transfer®.

Collect Recurring Payments

Using Open Banking data, customers sign into their online banking to link their bank account for recurring payments.

Strategic Advantages for Businesses

Get ahead in 8 different areas by leveraging the powerful Interac e-Transfer® linked directly on your platform.

1. Seamless Transaction Experience

Offer your customers a frictionless online payment journey with real-time “Pay By Bank” e-transfer payments, meeting the preferences of modern contributors who prefer using debit vs. credit cards.

2. Cost-Efficient Solutions for all businesses

Lower your transaction costs with our debit-focused payment methods, outperforming traditional credit card fees and maximizing funds for your cause.

- - - Bill Pay: Offer a way to pay down owing balances instantly
    - Collections: Improve the success rate of collecting overdue funds
    - E-commerce: Reach more customers and increase sales while reducing costs
    - Financial Services: Top-up cards, fund wallets, or pay loans in real-time
    - Non-Profit: Reach more donors and get more out of each dollar donated

3. Reduce Business Costs & Cart Abandonments

Decrease cart abandonment by offering payment methods that align with your donors' preferences, resulting in increased contributions. With 98% of Canadians having a debit account and access to Interac e-transfer, our partnership with Clik2Pay enables you to provide a payment option that reaches the vast majority of Canadians. This inclusivity ensures a seamless and convenient donation experience, encouraging more support for your cause.

4. Expand Your Reach with more ways to pay

Capture a broader audience and reach customers who don’t have access to credit or prefer debit, including Gen Z, by accommodating their preference for debit and mobile payments, ensuring your mission reaches more hearts.

- Online: pay with the click of a button
- QR Code: scan and pay on mobile
- Text or Email: click on a link to pay

5. Innovative Technology Integration

Integrate easily with our robust API, allowing for seamless incorporation into your existing systems and enhancing operational efficiency.

6. Streamline Your Operations

Simplify your payment processes with batch processing and support for recurring donations, reducing administrative overhead and ensuring consistent funding.

7. Empower Consumer Convenience

Enhance customer satisfaction with flexible payment options, providing a superior user experience.