What To Look For In A Canada EFT API?

Achpayments16 Feb, 2021News

Are there risk acceptance models available that could lower processing costs? Is there an API that would allow your customers to apply from your site or app? If your market base includes Canada, does the partner provide a single API for both US ACH and Canadian EFT? Does the platform meet PCI Security standards even though NACHA does not require ACH transactions to be PCI compliant? Are there opportunities to leverage the Canadian EFT Processing Integration for your apps?s revenue stream? API availability: Does the partner offer Restful or SOAP Canadian ACH transaction integration, or both? ACH Integration?The Missing piece? Is sensitive data tokenized and can a call be made to immediately tokenize the bank account data prior to an origination? What other payment utilities are available? Are there ancillary utilities available from the ACH API to make calls for anti-fraud and risk mitigation?

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