VoPay’s Fintech-as-a-Service platform allows any company to embed financial services and payment capabilities into their existing applications, product and services through a single and scalable API. VoPay has built a network of local payment methods to facilitate and streamline payments for financial innovators and reach millions of people transacting with various payment methods.
Contact information
business@vopay.com- Four Bentall Centre 1055 Dunsmuir Street Suite 594, Box 49263, Vancouver, BC V7X 1L2
Availability:
All of CanadaSupport Offered:
- Call Centre
- Social Media
- Blog/Information Sheet
- Schedule a Call
Call Center:
Monday-Friday: 9AM-5PM PSTProducts Offered
Below are all the products offered by this company.
VoPay Plans
Sandbox Trial
Get started in VoPay’s free sandbox account that can help you discover our platform capabilities and build out your prototype before committing to a plan. You can access all of their API documentation by getting in touch with their team.
Pricing:
- Free
Startup
Access the entire payments platform with a simple month-to-month plan. Benefit from hundreds of features and prebuilt components with no setup fees or long-term agreement.
Pricing:
- $299 per month
Key Features:
- Full API access
- CSV file uploads
- Online Dashboard
- Real-time Payments
- Advanced Reporting
- Email Support
- Bank Account Verification
- Transaction Tokenization
Enterprise
A fully customized plan designed for businesses with large transaction volumes or unique business models. All plans are designed to scale as your business grows.
Pricing: Contact Sales
Key Features:
- Everything included in VoPay’s Get Started plan
- Same Day EFT funding
- Higher transaction volumes and limits
- Dedicated Integration Specialist
- Client Relationship Manager
- e-Wallet features
- Sub-Accounts
- Push to card
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VoPay Payment Services
Intelligent EFT / ACH (iQ11)
Using Open Banking powered technology, lenders can collect instant bank account verified payments, improve payment speed and reduce failed payments/NSF.
Key Features:
- Account Authentication
- Reduce NSF with balance verification
- Digital Onboarding
- Data-driven payments
- Reduce input errors
- Transaction visibility
- Faster processing times
EFT / ACH
Seamlessly connect your business to all financial institutions and push or pull funds through batch files using VoPay’s online portal or API.
Key Features:
- Simple implementation
- Brand control
- New payment tools
- Highly flexible
- Enhanced Reconciliation
Bulk e-Transfer Send & Request
Send unlimited bulk payment up to $25,000 per transaction limit to multiple recipients simultaneously through VoPay’s online portal or API. You can also request payment using the same service.
Key Features:
- Easy signup process
- Unlimited transaction
- Bulk File Upload
- Quick reconciliation
- Near-real time funding
- Increased funding limits
- Simplified implementation
Frequently Asked Questions About VoPay
What is VoPay?
Is VoPay safe?
Yes. Founded in 2015, secure payment processing has been a fundamental tenet in our organization. All online payment information is encrypted or tokenized to ensure it can't be identified, making it a safe payment solution option.
What's the difference between VoPay's Intelligent EFT / ACH (iQ11) and regular EFT / ACH payment services?
VoPay provides Fintech-as-a-Service infrastructure enabling lenders to efficiently automate and embed account-to-account payments. VoPay offers scalable payment integration and personalized plans for lenders and LMS across Canada. Features include: 1. Payments: Send and collect real-time payments securely through a single API directly from your ERP or LMS. 2. Payment Rails: ACH, EFT, Real-Time Payments, Visa Debit, e-Transfer, Credit Cards. 3. Account Services: Seamlessly connects to thousands of financial institutions across Canada using a single API layer. 4. Identity: Simplify customer onboarding by accessing relevant and validated information directly from a customer’s bank account. 5. Data Enrichment: Intelligently extract transactional information to better understand and serve customers. 6. Risk Management: Mitigate and manage risk with KYC, data verification and encrypted tokenization. 7. Reconciliation: Enable full visibility into the life cycle of each transaction and reporting for easy account reconciliations.
What is the difference between VoPay's Intelligent EFT / ACH (iQ11) and regular EFT / ACH payment services?
Unlike regular EFT / ACH payment services, VoPay's Intelligent EFT / ACH (iQ11) payment adds a layer of data intelligence to online bank account transactions. This allows them to be verified instantly and processed at a much lower rate. Giving customers the option to connect their bank account saves them time and helps you improve payment speed while reducing the chance of NSF.
Why does my business gain from using VoPay payments as a service?
By using VoPay, you can initiate, accept and manage all types of payments without the individual, complex, local banking relationships. You can build new services into your offerings without the hassle of re-architecting a current system. You can improve customer service and payment speed with better visibility into your day-to-day cash flow.
Can I send money in both USD and Canadian dollars?
Yes. With us, you can make both USD and Canadian dollar EFT payments to accounts based in Canada. However, you will need to sign up separately to make EFT payments in both currencies.
I have more questions. Where should I look?
Find out the answer to your question in our FAQs, or reach out to us directly to learn more!
Are EFT payments safe?
EFT payments are sent from one bank account to another and are sitting at bank-level security. By moving money electronically businesses reduce the risk of paper cheques being lost or stolen and reduce the risks associated with cheque fraud and forgery. By using payment processors or gateway like VoPay, businesses add an extra layer of security by utilizing tokenization and risk intelligence technology.
What does VoPay offer?
VoPay provides Fintech-as-a-Service infrastructure enabling lenders to efficiently automate and embed account-to-account payments. VoPay offers scalable payment integration and personalized plans for lenders and LMS across Canada.
How do I access VoPay API documentation?
You can access VoPay API documentation here: https://docs.vopay.com
What is Interac e-Transfer for Business?
VoPay’s e-Transfer for Business is a solution powered by Interac that enables lenders to Send(Payouts), Collect (Request) and Receive (Inbound) transactions across Canada in a safe and secure environment. The funds are transferred from one account to another, in near real-time using only an email address. The service is accessible through VoPay’s API integration or online payment portal 24/7/365.
What does VoPay's API service provide?
VoPay’s payment services are deployed through single API integration, online portal or white-label option, providing highly customizable and configurable solutions for all industries. Eliminate individual, complex, local banking relationships with direct payments and build new services without having to build your own infrastructure.
Are your payment services white labelled?
Yes, all of our API payment services are white-label enabling lenders to fully customize the payment experience and branding.
VoPay Reviews
Avg. Rating: 5.0 (1 review)
Great Results
July 22, 2020
“Will use VoPay again for sure.”
