Payment solution provider ConnexPay introduces technology enabling transactions in Canada, bridging payment systems across North America.
In a significant move, payment solutions provider ConnexPay has announced the expansion of its services to the Canadian market. This expansion brings a comprehensive solution for businesses, designed to streamline payment processes and offer cost-effective methods for transactions.
The new offering includes 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. This comprehensive solution is expected to unlock new opportunities for ConnexPay's Canadian customers, particularly businesses that operate with stringent accounting requirements.
Transactions between the US and Canada often experience delays and additional fees. ConnexPay's solution aims to address these issues, providing faster methods for businesses to process news.
The US trades $718.4 billion in goods and services with Canada annually, making seamless and efficient news processes crucial for businesses on both sides of the border.
Bob Kaufman, Founder & CEO of ConnexPay, stated, "The new offering of payment acceptance in Canadian Dollars brings forth the full benefits of ConnexPay in Canada." He further 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."
Daniel Moretta, President and Co-Founder of GlobeSpan Travel Management, a company involved in acquiring Key Travel Inc., which serves purpose-driven organizations across the United States, expressed satisfaction with ConnexPay's virtual card issuing solution in CAD. GlobeSpan Travel Management and its customers conduct transactions in CAD with ConnexPay, and Moretta stated that the company looks forward to adding ConnexPay's new CAD merchant acquiring capabilities to their news flow.
ConnexPay's expansion opens up its services to 38.25 million people and 1.21 million businesses in Canada. With this expansion, ConnexPay's solution offers more cost-effective methods for businesses, lowers risk, and provides lower fees for accepting news, improved reconciliation, and better customer service to its Canadian clients.
This move by ConnexPay is a significant step towards providing a seamless and efficient news solution for businesses operating between the US and Canada. With its robust offering, ConnexPay is poised to make a significant impact in the Canadian market.
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