Why Your Website Should Have a Payment Gateway API to Process Your Sales
As online businesses continue to advance with a customer-centric model at the forefront, payment processing is always a top priority for business owners who want to provide their customers with the best possible experience while they are shopping on their websites. Having a proper, API (Application Programming Interface) to process your business’ payments is key […]
The History of P2P Networks- and Why They Remain So Important Now
We’ve all seen the term P2P (or Peer-to-peer) used more frequently over the past few years, as the internet has evolved. Probably the most popular P2P network in history was ,Napster, which revolutionized the early days of the internet, before being shut down by the US government after an endless stream of lawsuits from the […]
The Advantages of Using ACH Transfers for Individuals and Businesses
In last week’s blog, we walked you through the basics of EFT (Electronic Funds Transfer) as an incredibly popular method of transferring money in Canada. EFT is an electronic exchange transfer of money from one bank account to another- which debits a user’s checking account. You can read the full blog here: ,https://www.apaylo.com/post/what-you-need-to-know-about-eft-electronic-funds-transfer-in-canada This week […]
What You Need to Know About EFT (Electronic Funds Transfer) in Canada
EFT (Electronic Funds Transfer) is an incredibly popular method of transferring money, especially within Canada. An EFT is defined as an electronic exchange or transfer of money from one bank account to another, either within a single financial institution or across multiple institutions, through computer-based systems. Using EFT, businesses in Canada can debit their checking […]
Personal Financial Management 101(B)- What You Need to Know GICs and Tax-Free Savings Accounts
Last week we introduced you to the basic world of investing by defining and comparing stocks, bonds, and mutual funds: https://www.apaylo.com/post/personal-financial-management-101-investing-in-stocks-bonds-and-mutual-funds. While there are many different types of investment vehicles available, not many investors- especially those just getting started- are aware of how they can shelter the returns on their investments from taxes- and save […]
Personal Financial Management 101- Investing in Stocks, Bonds, and Mutual Funds
Investing is an incredibly important aspect of life that can help people of all ages accomplish a variety of things- whether it be saving for a rainy day, building a nest egg to finance an important purchase like a car or home; or ensuring that you have enough money for your retirement years. On a […]
Cryptocurrency 201: Networks, Transactions, and Mining- What You Need to Know
In past blogs, we have attempted to introduce our readers to the complex and interesting world of Cryptocurrency- by defining the basics of how it operates, plus its key functions. We addressed this in a two-part blog series that can be found here: A) https://www.apaylo.com/post/cryptocurrency-101-a-basic-introduction B) https://www.apaylo.com/post/cryptocurrency-continued-opening-your-own-online-trading-account Many novice users who will have opened online […]
A Slow and Painful Recovery: What to Expect From Canada’s Economy After COVID
As the number of new Covid-19 cases in Canada continues on a steady downward decline (at the time of this writing- there are approximately 103,000 confirmed cases, with just over 8,500 deaths), provinces are slowly allowing the re-opening of businesses and as we head into summer, it appears that life may soon be getting back […]
Canada’s Financial History- and Why Our Banking System Is the Envy of the World
A Canada celebrates its 153rd birthday, we are dedicating today’s blog to Canadian history with respect to its banks and financial system. Canada’s current financial institutions- namely its Big 5 Banks (TD Bank, Scotiabank, Royal Bank, CIBC, and Bank of Montreal) are rooted strongly in its colonial beginnings- with strong influences from both its French […]
The Extremely Important Role Fintechs Will Play in the Post-COVID Economy
As June is now upon us- Canada is now into its fourth month of battling Covid-19- and now many people are asking when we can re-open the economy and go back to our normal everyday lives. Our first blog post addressing Covid-19 was back on March 2nd (https://www.apaylo.com/post/covid-19-could-more-people-staying-at-home-means-an-increase-in-e-commerce-not-necessarily) and since then, there have been many […]