Why use our services
Lending Standards
Our lending standards are different from banks and other financial institutions. We recognize your products and services as collateral for a loan (construction industry only). We specialize in back to back financing.
Lien Rights
Let our professionals evaluate if your lien rights are suitable as collateral (construction industry only).
Maintain Your Cash Flow
We help you keep your profits go up by providing you uninterrupted financing for all your projects when you need it (subject to approval).
Questions? Contact us:
Online escrow accounts
Conditional Escrow Accounts
Ontario legislation imposes trust regime in construction industry. Use Paymentech Escrow Accounts to easily comply with legislation and protect yourself against breach of trust claims.
Control Spending
Paymentech Escrow Accounts enable you to pay suppliers of building materials and other persons in construction pyramid directly to avoid unpleasant surprises.
Benefit for Workers
Enjoy instant payments from your employers with no need to wait for a paper cheque. Payday loans are easy, fast and free with Paymentech (subject to approval).
Payment instruments
Online Cheques
A safe and convenient way to pay using Paymentech online cheques. Online cheques are far better protected against fraud than regular bank cheques.
Direct Transfers
No matter whom you are making a direct transfer to the transfer is instant and there is no limit on the amount. Unlike banks we allow free and easy transfers from personal accounts to business accounts and vice versa.
Online Invoices
A great tool to get your accounts receivable paid. Funds are available instantly and there is no chargebacks (some conditions apply)
General information
Registration and verification process:
In order to apply for this service you must fill out all the fields in this online application. You must be 18 years or older and be a resident of Canada (unless special clearance is obtained).
At this time you are applying for a personal account in Canadian dollars. If you wish to open a business account with Paymentech PPS you can do so at any time after your personal account will be approved and activated.
We require a photo ID in order to verify your identity and a copy of your void cheque in order to credit your Canadian bank account when you will be withdrawing funds from your Paymentech PPS account (do not sign the void cheque).
Please feel free to contact us if you have any questions.
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