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Business accounts

Gather funds in Canada. Pay people on the rail they actually use.

PaySquirl is an Ontario payments programme: business accounts, payout wallets, Multi-IBAN, FX and cards. Collect, convert and pay from one stash.

North America United Kingdom
EU / EEA Asia

What a business account is for

  • Pay people

    Run payroll and supplier payments in the currencies your teams actually use.

  • Get paid

    Collect receivables into a PaySquirl business account instead of scattering funds across banks.

  • Pay locally

    Make local payments in local currency across North America, the UK, the EU/EEA, Asia and Africa.

  • Cash flow overseas

    See incoming, outgoing and converted funds in one control centre.

Business accounts

One account structure for operating across borders.

PaySquirl business accounts are built for companies that need to move money between regions without standing up a new bank relationship in every market.

01

Collect and pay

Receive customer and counterpart payments, then pay staff, vendors and group companies from the same dashboard.

02

Local rails

Send and receive over local and international payment networks so counterparties can treat you as a domestic payer.

03

Multi-currency control

Hold and convert balances so overseas operations do not depend on a single domestic operating account.

How it works

From onboarding to live business payments.

  1. Talk to the PaySquirl team or start an application at the client dashboard.
  2. Complete company onboarding and the checks required for a regulated money services business.
  3. Collect funds, pay locally and manage overseas cash flow from the client dashboard.

Speak with our team

Important disclosure

PaySquirl is not a bank. For all Canadian-dollar (CAD) funds, PaySquirl does not hold, own, or control the funds. CAD funds are received, held at rest, and disbursed exclusively by our regulated partner Apaylo Finance Technology Inc. (FINTRAC MSB Registration No. M22922184). Apaylo holds all CAD funds in bank accounts legally titled to and owned solely by Apaylo at Digital Commerce Bank, a Schedule I Canadian bank.