Canadian Vendors

Receive Payments in Canada

Overview

A PayCargo Canadian Vendor Account is a specialized receiving platform designed for Canadian-based logistics providers—such as freight forwarders, carriers, marine terminals, and warehouses—to collect payments from their customers electronically.

While a Payer account is for those sending money, the Vendor account is the destination for those funds. In Canada, this account is specifically optimized to handle Canadian Dollar (CAD) transactions and comply with local banking standards.

How it Works

Vendors can complete a straightforward registration process by providing their business and banking information. Once approved, vendors can begin receiving payments and issuing payment approval notifications immediately.

Key Benefits

No cost to receive payments: Registration and payment acceptance are free for vendors.

Faster cargo release: Vendors receive real-time payment approval alerts, allowing cargo to be released without waiting for checks or wires to clear. Many carriers in the PayCargo network release cargo within one hour of approval.

Reliable deposits: Approved payments are deposited via ACH, usually by the next business day.

Dispute management: Review, approve, or dispute invoices within the platform before final settlement.

System integration: Connect PayCargo with existing systems using API or EDI for streamlined data exchange.

Customization and reporting: Require specific reference numbers for payments and access reconciliation reports to match deposits with individual invoices

Related Questions

Vendor/ Carrier AccountCanadian Payers