Transcard, a leading global payments technology provider, has announced its entry into the Canadian market, marking a pivotal step in its mission to enhance digital payment experiences worldwide. This expansion is highlighted by the successful onboarding of its first Canadian customer, Xodus Travel Services, through the adoption of Transcard’s innovative SMART Suite for payment orchestration.
Transcard’s embedded payment platform supports global payments across multiple currencies, incorporates configurable language packs—including Canadian French—and adheres to domiciled data capabilities. The platform is designed to simplify international financial operations while meeting stringent compliance requirements such as GDPR, RPAA, and PIPEDA data protection standards.
CEO Greg Bloh expressed enthusiasm about the milestone, stating, “Launching in Canada marks a significant step in our journey to revolutionize digital payment solutions globally. We’re thrilled to expand our capabilities, foster strategic partnerships, and support customers in this key market.”
David Rivelis, President and CEO of Xodus Travel Services, shared his excitement, noting, “Partnering with Transcard enables us to deliver fast, secure, and digital payment solutions, enhancing the claims experience for policyholders with real-time payment options and greater flexibility.”
Looking ahead, Transcard plans to enhance its Canadian offerings by introducing additional local bank connections and real-time payment capabilities, including Interac, virtual card payments, and push-to-debit options. These advancements will further strengthen its embedded platform’s global capabilities and align with the specific needs of Canadian businesses.
The SMART Suite empowers users across industries to seamlessly manage payments by embedding directly into existing ERP or core systems. Supporting disbursements, receivables, cross-border payments, AI-driven insights, and supply chain financing, the platform ensures streamlined payment orchestration for businesses of all sizes.
With its robust solutions and commitment to innovation, Transcard continues to redefine the future of payments on a global scale, now with a strong foothold in Canada.
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