back Back

ConnexPay adds Canadian Dollars to virtual card offering

By Delisha Fernandes

December 13, 2023

  • Canada
  • chargeback management
  • ConnexPay
Share

ConnexPay, virtual card, fraud prevention, merchant, Payments, Fintech news, Fintech USA, CanadaConnexPay, an all-in-one payments platform, has added acquiring in Canadian dollars (CAD) to its existing virtual card issuing offering.

Commenting on the new offering, Bob Kaufman, Founder & CEO of ConnexPay, said, “The ability to offer payment acceptance in Canadian Dollars brings forth the full benefits of ConnexPay in Canada. By now providing our Canadian clients with lower fees for accepting payments, improved reconciliation, and better customer service, we are offering a valuable solution for their major business transactions.”

Kaufman added, “We are excited to offer a comprehensive solution for the Canadian market, which is home to some of the world’s most vibrant and innovative companies. Now, they can access the same next-generation payments systems as their peers south of the border, including real-time access to funds, a robust suite of payment methods, a chargeback management system, integrated fraud prevention and other features, all within a single platform. We look forward to unlocking new opportunities for our Canadian customers.”

This expansion allows ConnexPay customers to process payments seamlessly in CAD and also opens up ConnexPay’s services to a vast market, serving 38.25 million people and 1.21 million businesses.

ConnexPay’s solution lowers risk, providing faster and more cost-effective methods for businesses with stringent accounting requirements.

ConnexPay already has customers transacting in CAD, such as GlobeSpan Travel Management. Daniel Moretta, President and Co-Founder of GlobeSpan Travel Management, expressed satisfaction with ConnexPay’s virtual card issuing solution in CAD, stated, “GlobeSpan Travel Management has been very pleased with the level of service we receive and revenue share that we earn from ConnexPay’s virtual card issuing solution in CAD. We look forward to adding ConnexPay’s new CAD merchant acquiring capabilities to our payments flow.”

Previous Article

December 13, 2023

Ebury expands into Africa with acquisition of Prime Financial Markets

Read More
Next Article

December 13, 2023

BRAC Bank to offer banking inclusion for CMSEs and women in Bangladesh

Read More








IBSi Daily News Analysis

digital wallets

March 01, 2024

Canada

Banking Sector and regulatory framework: addressing India’s growing demand for secure lockers

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Hecto Financial eases cross-border transactions with new solution

Read More

Today

Marqeta & AffiniPay team to launch SMB credit card solution

Read More

Today

Viva.com activates Cartes Bancaires on Tap to Pay on iPhone in France

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023