Peoples Payment Solutions Launches Interac e-Transfer Request Money via API

By AIT News Desk On Jan 20, 2021

This API service opens the door for our Program Managers and FinTech clients to request money in a streamlined manner, for their consumer customers to access funds quickly and easily, for purposes such as loading prepaid cards

Peoples Payment Solutions Ltd., part of Peoples Group, brings additional support to FinTechs with the announcement of Interac e-Transfer Request Money. As a leader in the Canadian payments industry, this offering further expands Peoples Payment Solutions’ money management services.

Interac e-Transfer Request Money is a simple solution that enables smooth and secure movement of funds using an identifier (like an email address or mobile number), without the need to disclose bank account information. When a consumer fulfills the request, the funds are guaranteed and will typically be available within 30 minutes. By integrating to the Peoples Payment Solutions’ API, FinTechs and Program Managers can now quickly offer their customers a hassle-free way to top up their balances. The API offering provides quick and easy integration and ultimate flexibility for our partners to craft world-class customer centric experiences.

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“This is an exciting step as we continue to focus efforts on enabling the FinTechs and Program Managers that rely on us. It delivers on our promise to facilitate innovation of money movement.” said Howard Klein, President of Peoples Payments and Cards, part of Peoples Group.

“Interac e-Transfer Request Money offers greater choice and control in how Canadians move their money,” said Peter Maoloni, VP Product & Platform Development, Interac Corp. “This is yet another example of the flexibility provided by Interac e-Transfer to meet the needs of different financial service providers by reducing friction and streamlining customer experiences.”