What Are Our Payment Methods?

Zūm Rails offers multiple payment methods that you use to manage your transactions 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.