Share the article
twitter-iconcopy-link-iconprint-icon
share-icon
Emerging technologiesSeptember 8 2023

BofA enables digital payment flows for Canadian commercial customers

Celebrating 75 years in Canada, Bank of America launches its Request for Pay feature in the country.
Share the article
twitter-iconcopy-link-iconprint-icon
share-icon
BofA enables digital payment flows for Canadian commercial customersImage: Getty Images

Bank of America has launched a system to enable digital payment flows for its commercial customers holding deposits at the bank’s branches in Canada.

According to the bank, the system — Global Digital Disbursements — places it as the first to offer both consumer to business (C2B) Request for Pay and business to consumer (B2C) digital payment flows. 

To continue reading, join our community and benefit from

  • In-depth coverage across key markets
  • Comments from financial leaders and policymakers worldwide
  • Regional/country bank rankings and awards
Activate your free trial