Modern payments need big changes, not just small fixes. Our next-generation platform represents exactly that: a comprehensive reimagining of what pay by bank technology can deliver when engineered from the ground up for modern payment demands.

A Canadian pay by bank platform and Interac payment processor

As a Canadian pay by bank provider, this platform acts as an Interac payment gateway that sits alongside existing payment methods to give merchants a faster, smarter way to move money. It is built to handle high-volume, real-time traffic while improving conversion, reliability, and fraud outcomes compared with traditional card-based flows.

Performance that scales with opportunity

Speed as a conversion driver: The platform is designed to load quickly and respond instantly, helping customers complete their payments quickly. This approach is important during busy periods when high traffic can slow other systems down. Faster load times mean more successful transactions. Speed does not just improve the experience; it boosts conversion rates when it matters the most.

Intelligent flow optimization: The flow is designed to prioritize Interac^Ⓡ Request Money, which delivers 40–60% higher conversion than the traditional Interac e-Transfer^Ⓡ flow that requires manual entry. By remembering user payment preferences across merchants, repeat customers get an instant, personalized experience with less friction. This combination of optimized flow and memory helps increase completed payments while reducing drop-off.

Smart bank routing infrastructure: Behind the scenes, an advanced routing system automatically sends payment requests to the top financial institutions in Canada, balancing requests to maximize success and minimize downtime. If there is ever a spike in demand, whether it is a busy sales event or a big game day, this built-in redundancy keeps transactions running smoothly and reliably. Merchants can scale confidently, knowing their payment flow will perform consistently no matter how many users are online.

Operational excellence built in

Contextual payment integration: Direct top-up functionality transforms how merchants think about payment placement. By embedding deposit capabilities anywhere within an application ecosystem—no cashier redirect required—merchants can capture more users in real time. This contextual approach turns pay by bank into an integrated part of the customer journey rather than a separate step.

Automated intelligence: Merchants do not have to manage payment complexity themselves. For example, if a payout is larger than 25,000, the platform can automatically switch it from Interac to the EFT rail. These automations keep customers happy and let merchants focus on growing their business, not troubleshooting payments or manually choosing the right payment rail for each transaction.

Brand consistency that builds trust

Seamless custom branding: The next-generation platform supports complete customization with merchant logos, brand colours, and visual identity throughout the payment experience. This is not cosmetic; consistent branding drives measurable trust and conversion improvements, particularly for high-stakes transactions where user confidence determines completion rates. Customers see a familiar brand from start to finish, which reinforces that they are in the right place.

Enhanced communication: Customers receive clear, branded emails explaining their payment status and next steps. Integrated QR codes make it simple to finish payments on any device, whether users start the process on desktop or mobile. This flexibility reduces abandonment and gives customers a consistent, reassuring experience across channels.

Use cases by vertical

This pay by bank platform in Canada is designed to support multiple industries:

• iGaming and high-volume digital entertainment, where deposits and withdrawals must be fast, reliable, and low-friction during peak events.
• Ecommerce and marketplaces, where merchants want a trusted, bank-based option that improves conversion and lowers reliance on cards.
• Billers and recurring services, where predictable, bank-based payments reduce operational effort and support better cash flow.

Across verticals, the platform provides a consistent, high-uptime foundation that can absorb sudden spikes in demand.

Industry adoption and proof points

The merchant base has fully migrated to the next-generation platform, with consistent performance improvements reported across diverse verticals and transaction volumes. The infrastructure has been validated through multiple high-demand events, demonstrating readiness for enterprise-scale operations. These results show gains in conversion, reliability, and operational simplicity, and support a more robust fraud posture compared with legacy setups.

The results speak to more than just technical capability; they reflect a fundamental shift toward payment infrastructure that offers more than just a payment. It amplifies business performance rather than simply processing transactions.

The future of pay by bank

Next-generation is not just an upgrade; it is the future. As payments shift toward open banking and instant settlement, merchants using platforms that adapt and scale will outpace their competition. A Canadian pay by bank provider that combines smart routing, high uptime, intelligence, and branding gives merchants a decisive advantage over legacy approaches.

If you want faster payments, fewer manual steps, and a trustworthy experience for every customer, now is the time to move to a next-generation pay by bank platform in Canada.

Ready for payments that keep pace with your growth? Learn how Paramount Commerce scales with your business: https://www.paramountcommerce.com/contact