Canada is a nation characterized by its rich multiculturalism, where its citizens hail from a wide spectrum of cultural backgrounds. This incredible diversity has been shaped over centuries of immigration, making it a defining and prominent aspect of Canadian society.
When it comes to international remittances and the global movement of money, Apaylo has a growing ecosystem of traditional foreign exchange (FX) and new fintech payment solutions. We understand that the success of our business relies on the success of our diverse network of Canadian-based merchants who represent communities from around the world.
How Does Apaylo Help?
Through our strong risk management processes providing a secure platform for merchants and always-evolving tech innovations, we are empowering a new generation of globally minded entrepreneurs.
We support 3 major payment rails in Canada – Electronic Funds Transfers (EFTs), Email Money Transfers (EMTs aka eTransfer) and BillPay – which gives your remittance company the power to offer different payment choices based on the needs of your customer. Our API allows you to embed these payment rails into your platform so that your customers do not need to leave your site or app to execute a payment.
If you are not using our integrated API into a website or app for your business, you can still take advantage of our payment rails through the payments hub, which unlocks scalable and reliable transactions for your remittance business! An out of the box solution that saves you development time and money!
At Apaylo, we have a thorough onboarding due diligence process and we make sure that any merchant working with us also has their anti-money-laundering (AML) processes in place and are a registered MSB through FINTRAC. It is important that you know your customer (KYC) and have a reliable, repeatable process in place to ensure scalability into the future.
We help make payments simple, secure, and cost effective for you. It’s no miracle, just a match made in heaven! If you want to learn more about how Apaylo can take your remittance business to the next level, contact us today!
