THE PROCESSING GROUP
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CALL NOW 1-877-57PROCESS (77623)

EFT

CANADIAN PROCESSING SERVICES

SAVE UP TO 50% ON
​EFT PROCESSING FEES

eft processing services canada

Electronic Funds Transfer Services

Electronic Funds Transfer (EFT) processing is a paperless system that allows for the transfer of money between financial institutions in Canada. EFT payments are cleared through the Canadian Payment Association (CPA). This type of processing is most commonly used by merchants to charge for goods or services by deducting funds directly from a customer’s bank account. EFT is a secure payment service providing speed and efficiency in collecting one-time or recurring payments from customers, and acts as an alternative method of payment to accepting credit cards.

get approved eft canada

Quick
​​Approvals

Whatever your processing needs, we will get your account approved quickly and easily. No lengthy wait times. Get started today!
low rates eft canada

Lower
​Rates

Let us save you up to 50% off your current processing fees.
eft processing customer service canada

Superior Client
​Services

Over a decade of experience across multiple verticals gives our team the expertise to serve your business.

Why Choose TPG For EFT?

Access and process transactions 24/7, anywhere via the internet
  • Rates up to 50% less expensive than your current EFT processing fees
  • Save time and money by switching to a paperless system
  • NO SOFTWARE/HARDWARE TO INSTALL OR UPLOAD
  • Easily automate your filing/billing process
  • Safe, reliable, secure payment system
  • Reduce Fraud
  • Get Paid on Time, Every Time!

How It Works

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STEP 1: IT STARTS WITH YOU

You initiate an EFT payment after receiving an authorization (PAD) from your customer.

STEP 2: EFT PROCESSOR/BANK

You securely upload your transaction files to your processor/bank, who then forwards it to the customer’s bank (after being cleared by the CPA).
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eft payment processing canada
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​STEP 3: CUSTOMER’S BANK

The customer’s bank receives the transaction data and verifies the banking information for accuracy.

STEP 4: YOUR BANK

The processor distributes the verified EFT transactions to your bank who then posts the approved funds directly into your account.
eft payment processing canada

Types of businesses that are a great fit for EFT processing

  • Pay Day Loans
  • Magazine Subscriptions
  • Pest Control Services
  • Waste Management
  • ​Storage Centers
  • Property Management Firms
  • Internet Providers (ISP's)
  • Tech Support
  • Web Designers/SEOs
  • Car Dealers
  • Equipment Leasing
  • Fitness Centres & Gyms
  • Karate & Martial Arts Programs
  • Lawn Maintenance
  • Pool Cleaning Companies
  • Mortgage Companies
  • Alarm Monitoring
  • Monthly Membership Fees
  • Monthly Garage Parking

What Our Customers Are Saying

Don’t just take it from us, let our customers do the talking!
eft customer testimonial
“Getting paid on time is important, and The Processing Group made it easier and faster for me to collect one-time and recurring payments.”
Debra Novack
Owner, LOL Candy
eft customer testimonial
“The Processing Group constantly strives to offer us the latest payment processing technologies at a cost that made sense for my business.”
Liul Dala
​CEO, Global Co.
eft customer testimonial
“Randy and his team delivered everything they promised. Our customer sales levels are at an all-time high since we started to accept credit cards!”
Robert James
​CEO, WC Group

Get Approved Today!

Looking to process EFT or Credit Cards?
​You’re in the right place!
​Fill out your information to get started.
  • Quick Approvals
  • Lower Fees
  • Increase Cash Flow
  • Secure Transactions
  • Superior Customer Support
  • Reduce Fraud
  • Get Paid on Time, Every Time!
  • Get in touch and start processing today!
​
Call our Canadian customer support line at
​(647) 276-5757
Submit
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Our Office Is Located At
​1-50 Alness St.
North York, ON  M3J 2G9

Toll Free: 
877-57-PROCESS (77623)

​
info@theprocessinggroup.com
sales@theprocessinggroup.com
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  • Home
  • Services
    • Canada >
      • Credit Cards
      • Direct Deposit
      • Electronic Funds Transfer (EFT)
      • High Risk
    • United States >
      • Automated Clearing House (ACH)
      • Credit Cards
      • Direct Deposit
      • High Risk
  • The Company
    • About Us
    • Become An ISO
  • Knowledge Base
    • Blog
    • FAQ
  • Contact
  • Direct Deposit
  • Link Page
  • IBT