Online Vendor Accounts
Receive bill payments online
The ideal option for businesses whose customers make regular payments of any size.
If you’re receiving more than 50 payments per month from regular customers who pay you by cheque, consider an online vendor account with Vancity. As an online vendor, your customers—including Vancity members and customers who bank at other financial institutions—will be able to add your business as a payee on their online banking system and pay you electronically.
An online vendor account makes it easier for your business and your customers to manage the payment process. Plus, you receive funds faster.
Key business benefits
- Improve cash flow and receive funds from payment faster
- Reduce paper and administrative effort
- Save on the cost of processing cheque payments and credit card payments
- Offer your customers enhanced convenience.
For additional information, please contact your business account manager or local Vancity branch.