In today’s fast-paced world, businesses need to find ways to streamline their operations and increase their cash flow. One of the most effective methods is to implement pre-authorized debit (PAD) ...

OTTAWA, Sept. 16 /CNW Telbec/ - The Canadian Payments Association (CPA) has published new requirements for pre-authorized debits (PADs) to ensure appropriate information is disclosed to consumers and ...

According to the Bank for International Settlements (BIS,) a direct debit is a preauthorized debit on a payer’s bank account initiated by the payee. It is also known as a pre-authorized debit (PAD) or ...

Earlier this year, Telus altered its autopay discount to push new customers to use pre-authorized bank payments instead of a credit card to get a discount. Now, Telus and its flanker brand Koodo are ...