What Are Our Payment Methods?

Modified on Wed, 05 Jul 2023 at 05:23 PM

Zūm Rails offers multiple payment methods that you use to manage your transaction safely and efficiently. 


Payment Methods


EFT


EFT is a direct bank account transfer between accounts and is one of the most popular forms of transferring funds in Canada. This method allows users or businesses to debit their chequing accounts for either a one-time or recurring payments. This payment method has no limits.


Interac


Interac is a method that is used to instantly push and pull funds to and from a bank account. It can be done through e-mail, SMS, or directly within a workflow.


Credit Card


Pull funds into a merchant account instantly and have them settle in a designated bank account the next day.


Visa Direct


Instantly push and pull funds directly to the user's checking account. Zūm tokenizes the Visa Debit number for future use and leverages the Visa Rails for instant payments.

Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select atleast one of the reasons
CAPTCHA verification is required.

Feedback sent

We appreciate your effort and will try to fix the article