iPayline International Payment Services - whats paystream EFT

By: Ipayline  09-12-2011

PayStream’s EFT services provide you with the ability to transfer funds electronically without the use of paper checks. Transactions involving deposits and the collection of payments are processed as an electronic item through the EFT system. EFT transactions save time and money by using pre-authorized electronic transactions rather than using costly and time consuming paper based options.

PayStream can originate transactions for merchants that are qualified and provide your company with a cost effective method for collecting payments from your regular customers and clients.

We can help you eliminate the costly, time consuming and repetitive tasks associated with weekly, monthly and quarterly invoicing.


  • In order to debit your Canadian customers Bank accounts, you must obtain authorization in accordance with the Canadian Payments Association Rule H-1 by obtaining a PAD Agreement.
  • PayStream may provide you with a sample PAD Agreement if needed.

Other products and services from Ipayline


iPayline International Payment Services - services

Generally, the requirements for direct merchant accounts are either that you operate a low risk, US based business or, for all other medium/high risk businesses with US or offshore business structures, we require that you provide us previous processing statements demonstrating compliance with reasonable charge-back thresholds.


iPayline International Payment Services - company formation

Company Secretarial provision of registered office, custody of statutory records, preparation of board resolutions and minutes, filing of annual and periodic returns, dealing with clients' corporate governance matters and generally assisting with the proper maintenance of our clients' companies.


iPayline International Payment Services - managed accounts

Rather than struggling through the expense and hassle of obtaining a high risk merchant account, iPayline’s clients frequently utilize our managed account solution for their merchant account needs. By processing your credit card through a qualified third party, your volume and charge-back ratios are effectively managed through comprehensive account maintenance and transaction screening.