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.

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 doesn’t just improve the experience; it boosts conversion rates when it matters the most.

Intelligent Flow Optimization: We’ve designed our flow to prioritize Interac^Ⓡ Request Money, which delivers 40–60% higher conversion than the traditional Interac e-Transfer^Ⓡ flow, which requires manual entry. Our system is able to remember user payment preferences across merchants, so repeat customers get an instant, personalized experience with less friction.

Smart Bank Routing Infrastructure: Behind the scenes, our advanced routing system automatically sends payment requests to the top financial institutions in Canada, balancing requests to maximize success and minimize downtime. If there’s ever a spike in demand, whether it’s 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.

Automated Intelligence: Merchants don’t have to manage payment complexity themselves. For example, if a payout is larger than $25,000, our platform automatically switches it from Interac to the EFT rail. These automations keep customers happy and let merchants focus on growing their business, not troubleshooting payments.

Brand Consistency That Builds Trust

Seamless Custom Branding: Our next-generation platform supports complete customization with merchant logos, brand colours, and visual identity throughout the payment experience. This isn't cosmetic; consistent branding drives measurable trust and conversion improvements, particularly for high-stakes transactions where user confidence determines completion rates.

Enhanced Communication: Customers receive clear, branded emails explaining their payment status and next steps. Plus, integrated QR codes make it simple to finish payments on any device, whether users start the process on desktop or mobile.

Industry Adoption and Results

Our 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 its readiness for enterprise-scale operations.

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 isn’t just an upgrade, it’s the future. As payments shift toward open banking and instant settlement, merchants using platforms that adapt and scale will outpace their competition. If you want faster payments, fewer manual steps, and a trustworthy experience for every customer, now’s the time to get started.

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