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Central 1, Vancity and First West credit unions partner to launch enhanced Interac e-Transfer® instant digital payments

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VANCOUVER, B.C., September 8, 2021 – Central 1 Credit Union (Central 1), one of the largest payments processors for Canadian financial institutions and government organizations and payments partner of choice for emerging fintechs, in collaboration with Vancity and First West credit unions has successfully launched the first phase of Interac e-Transfer® for Business. The solution is an enhancement to the existing Interac e-Transfer service that enables the receipt of real-time, account number routed and data-rich transactions.   Vancity and First West Credit Union are...

Central 1 partners with Libro Credit Union to provide a seamless and richer digital payment experience

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As new data from a Payments Canada study on trends during COVID-19 reveals some dramatic shifts in Canadians’ payment preferences since the pandemic took effect, here at Central 1 we’re committed to providing the digital and payments innovation our clients and members need to thrive in a post COVID-19 world. “Since physical distancing restrictions began at the end of February, we...

Central 1 Delivers First-in-Canada combined Request Money and Small Business Invoicing using Interac e-Transfer®

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Small business owners can now send an invoice and request quick payment via Interac e-Transfer! VANCOUVER, B.C. – Central 1 today announces the launch of Request Money integration into Central 1’s small business online invoicing and payments product. The integrated solution combines Central 1’s small business online invoicing service with Request Money into a single digital platform using Interac e-Transfer® Request...