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Built for Businesses. Loved by Bookkeepers and Accountants.
Businesses of all sizes can benefit from RBC PayEdge, even without banking with RBC. Discover the benefits of a convenient end-to-end payments and reconciliation solution designed to help you do more.
Combine funding sources from nearly any Canadian bank account, credit card or credit union.
Access all your funds from any of your Canadian bank accounts and Mastercard or Visa credit cards and pay multiple suppliers and invoices in one payment order.
Easily set up suppliers and pay them in the format they prefer.
Download supplier information from your accounting or ERP solution or create supplier records within RBC PayEdge. Plus, gather important supplier information—like banking details and preferred payment method—and securely store for easy access to your supplier payments information.
Integrate RBC PayEdge with your accounting platform to reduce manual work.
Enjoy seamless integration with most accounting and ERP software —including QuickBooks Online, Sage and Xero— to pay invoices, reconcile payment information easily and simplify your payments workflow.
Send payments globally.
Make simple, trackable and secure international payments and know exactly what you will pay upfrontDisclaimer1 based on your pricing package.
Make payments in multiple ways.
You can pay suppliers by wire transfer, Interac e-Transfer for business, Electronic Funds Transfer (EFT), USD cross-border Automated Clearing House (ACH), EUR International Payment, bill payment and cheque. Suppliers don't need to be RBC clients to receive payments.
Use your credit card to make payments, even for suppliers who don’t accept credit cards.
Easily fund payments using your credit card—and make use of any incentives, cash back or rewards programs that come with it.
How it Works
How it Works
Once you’re enrolled, setting up RBC PayEdge is simple:
Once you’re enrolled, setting up RBC PayEdge is simple:
Add Funding Sources
Set up your accounts to access funding and combine available balances from any Canadian bank account or credit card.
Set Up Suppliers
Easily set up your suppliers’ information to highlight how they want to be paid, and to ensure they automatically receive remittance information when a payment is made.
Sync Your System
Integrate with your existing accounting software.
Create and Send Payment Orders
Pay multiple suppliers and invoices in a single payment order, using any combination of funding sources registered with your RBC PayEdge account. Suppliers also receive detailed remittance information and payments are reconciled to your accounting platform.
FAQs
You can pay suppliers by wire transfer, Interac e-Transfer for business, Electronic Funds Transfer (EFT), USD cross-border Automated Clearing House (ACH), EUR International Payment, bill payment, virtual credit card payment* and cheque. Suppliers don't need to be RBC clients to receive payments.
*Virtual credit card payment is only available for RBC Commercial Credit cards at this time.
Yes. All payments are made directly from the funding source of your choice to supplier’s bank accounts. This is made possible because RBC PayEdge is connected to existing banking infrastructure and is thereby held to the highest financial security standards. RBC PayEdge exceeds all Payment Card Industry (PCI) standards and is subject to annual compliance audits. RBC PayEdge utilizes enhanced encryption going above industry-standard procedures for payments to eliminate exposure of sensitive data.
The RBC PayEdge platform uses 256-bit Extended Validation (EV) Transport Layer Security (TLS) encryption technology to secure information as it travels across our network. This technology ensures that no third party can access information as it is entered into our site. Our technology platform is designed to protect your data in transit and keep it safe and secure when it is here.
RBC PayEdge currently supports direct API connectivity with three cloud-based accounting platforms:
- QuickBooks Online (QBO)
- Xero
- Sage Accounting
If you do not currently use one of the supported accounting platform, you can still use RBC PayEdge. Payments can be uploaded into the platform via CSV file template or manually input.
How to Get Started
Want More Information?
Explore the full capabilities
of RBC PayEdge.
How to Get Started
Want More Information?
Explore the full capabilities
of RBC PayEdge.
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Get Started with RBC PayEdge
Interested in learning more about RBC PayEdge?
Request a Demo
Request for an RBC Advisor to contact you and arrange a time for an RBC PayEdge demonstration and have your questions answered.