Canadian bank account holders can use their chequing accounts to make purchases online, much the way they do with an e-cheque. This solution features amazingly low fees and a recurring billing option will be rolled out soon.
DirectDebit allows customers to make purchases directly from their chequing accounts by entering the information found at the bottom of a cheque. This provides a payment method for one-time and recurring transactions with a user experience similar to that of a credit card purchase.
Retailers will immediately see the cost savings when compared to accepting credit cards. We do all the heavy lifting, which includes being compliant with Canadian banking regulations and standards. PAD forms and authorizations are collected seamlessly without disrupting the customer checkout flow.
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