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Interac e-Transfer® by PSI

By Interac e-Transfer® by PSI
5 out of 5 stars
Get paid faster and keep more of what you earn using Interac e-Transfer by PSI. Seamlessly integrated on your invoice alongside your other payment methods, with payments automatically matched and reconciled in Xero. It’s easy to get started with free setup.
Rated
5.0
out of 5
Reviewed by
3
Xero users
Listed for
2 years
January 2023
Key functions
Payments

Overview

Interac e-Transfer is Canada’s most popular payment method. 3 out of 4 Canadians regularly use it to make a payment or send money, directly from their bank account.

This secure payment method is behind millions of transactions each day and is now available and fully integrated into Xero. It's simple and easy to add Interac e-Transfer® as a payment option on your invoices.

Benefits of connecting Interac e-Transfer® by PSI to Xero

This application makes it easy for your customers to pay you by removing the work required to initiate an Interac e-Transfer payment.

It’s incredibly simple and widely accessible. Your customer selects to pay with Interac e-Transfer on the invoice, they are taken to their bank, they log in with their bank's secure online portal, and confirm the payment. Making it easier for your customers to pay means you get paid faster.

Each transaction is accounted for with automatic payment matching and reconciliation. Your invoices are marked ‘Paid’ in real-time, with no risk of chargebacks. Take advantage of the competitive fee structure to save on payment processing costs.

Now you can spend less time chasing and reconciling payments, and more time growing your business with Interac e-Transfer® by PSI on Xero.

Interac e-Transfer® by PSI
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Interac e-Transfer® by PSI + Xero

Integrating Interac e-Transfer® by PSI with Xero allows you to accept Interac e-Transfer® Request Money payments on your invoices. Setup is easy using the Partner Portal. Simply log in with your Xero account and select which organisations you would like to onboard and offer Interac e-Transfer®.

What the Xero and Interac e-Transfer® by PSI integration does:

  • Enables Interac e-Transfer Request Money payments for your invoices
  • Records payments and fees for Interac e-Transfer® payments within Xero

Reviews & ratings

5.0 out of 5 stars
3 Reviews

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Most recent reviews

RY
Ryleigh Young
Posted 22 Oct 2024
5 out of 5 stars

Convenient Payment Option for Our Clients

The integration and setup for DirectPay was seamless, and the customer support is great. We enjoy having DirectPay as an option for collecting payment from our clients due to the lower processing fees, and our clients enjoy the option to directly e-transfer for quick and easy payment!
BK
Brian K. Hlady, CPA, CGA
Posted 9 Feb 2023
5 out of 5 stars

Easy to implement and integrate

I've been using the DirectPay app for my tax and consulting clients. It implemented easily with my Xero file, and I don't spend time reconciling my Interac eTransfer payments.
TC
Tina Chen
Posted 19 Jan 2023
5 out of 5 stars

Great App

We setup Direct Pay, it only takes few minutes. Easy and quick. The processing fee for Direct Pay is cheaper than credit card payments. It also integrates with Xero well.

Additional info

Shared data

Xero
Interac e-Transfer® by PSI
Payment Servicesshared from Xero to Interac e-Transfer® by PSI and from Interac e-Transfer® by PSI to Xero
Contactsshared from Xero to Interac e-Transfer® by PSI and from Interac e-Transfer® by PSI to Xero
Bank Transactionsshared from Interac e-Transfer® by PSI to Xero
Accountsshared from Xero to Interac e-Transfer® by PSI and from Interac e-Transfer® by PSI to Xero
Usersshared from Xero to Interac e-Transfer® by PSI
Paymentsshared from Interac e-Transfer® by PSI to Xero
Invoicesshared from Xero to Interac e-Transfer® by PSI
Branding Themesshared from Xero to Interac e-Transfer® by PSI
Bank Transfersshared from Interac e-Transfer® by PSI to Xero

Functions

Payments

Industries

RetailProfessional servicesAccounting

App details

By Interac e-Transfer® by PSI
Added in 2023

Countries

Canada

Languages

English, French

Support

Setup walkthroughContact supportsupport@paymentsource.ca

Contact

1-844-241-2991

Follow

LinkedIn

Get started with Interac e-Transfer® by PSI

Although Xero reviews each app in the Xero App Store, we can’t give any guarantees. It’s up to you to assess the performance, quality and suitability of any app before going ahead.