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Simplii Financial to offer recurring and future-dated Interac e-Transfer transactions

Source: Simplii Financial

Simplii Financial has launched a new online and mobile banking feature for clients, enabling recurring and future-dated Interac e-Transfer transactions to be set up or scheduled up to five years into the future.

"Our clients have been asking for these Interac e-Transfer features and we're happy to deliver them," said Vineet Malhotra, Head, Simplii Financial. "From paying the rent to paying for personal services to reimbursing or contributing to friends or family, these new recurring and future-dated transfer features can help reduce your "to-do" list and make banking less complicated."

With these new features, Simplii clients can:

Schedule weekly, bi-weekly, monthly, quarterly, bi-annual, and annual payments up to five years in the future;
Review and manage Interac e-Transfer transactions;
Cancel future payments, if required.

More than 20 million Canadians use Interac e-Transfer to send, receive and request money, and the COVID-19 pandemic has further accelerated the shift to digital banking and payment solutions.

Simplii has launched a number of new services and features to kickstart 2022, including:

Simplii's digital gift card marketplace, making gift-giving easier for clients;
The launch of no-fee USD Savings accounts; and,
Enhancements to Global Money Transfer capabilities with Visa Direct.

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