Accept/Pay Global partners with Interac to deliver real-time payments

By Kelly Shave | 16 June 2025

Source: CNW Group

Accept/Pay Global (APG) today announced the launch of its Real-Time Payments with Interac product, enabling businesses across Canada to send and receive payments instantly and securely using Interac e-Transfers.

The solution is now available to all Canadian enterprises, with a particular focus on high transaction volume use-cases in lending, earned wage access, and insurance.

Gajen Pararajalingam, chief operating officer of Accept/Pay Global said, “Real-time payments are table stakes for delivering superior customer experiences – whether you’re funding a loan, processing payroll, or settling claims. Our Interac-powered solution allows clients to move funds instantly to any Canadian bank account, securely and at scale.”

The Real-Time Payments with Interac product is designed to support:

Instant loan disbursements for online and alternative lenders
Real-time payroll and earned wage access (EWA) programs for on-demand payments
Claims and customer playouts for insurance providers
Faster B2B settlements and vendor payments

Accept/Pay Global’s API-driven platform enables seamless integration of real-time payments into existing business systems — supporting full audit trails, reporting, and automated reconciliation.

Key Benefits:

Instant Payments to any Canadian bank account via Interac
Enterprise-grade API integration for automated pay-outs at scale
24/7/365 availability, including evenings, weekends, and holidays
Real-time visibility into payment status and delivery
Built-in compliance and fraud monitoring for regulated industries

“With Accept/Pay Global’s Real-Time Payments with Interac, our clients can give their customers exactly what they expect — instant access to funds,” added Gajen. “We’re excited to help businesses modernize their payment infrastructure and unlock new competitive advantages.”

Real-Time Payments with Interac is now live and available to Accept/Pay Global customers across Canada. The solution is offered as a standalone API product or as part of APG’s broader electronic funds transfer (EFT) and digital payments platform.

Further reading: Interac launches ‘Interac Verified’ credential service

Posted in News and tagged Accept/Pay Global, account to account payments, API, APIs, banking, Banks, Data, data sharing, Digital banking, embedded finance, financial data, Financial inclusion, financial services, FinTech, Gajen Pararajalingam, instant payments, Interac, Open Banking, Open Banking Payments, Open Finance, partnership, Pay by Bank, Payments, real time payments, Technology