Volopay business account with no minimum balance requirement
Running a smart Canadian business shouldn’t mean juggling multiple bank accounts, credit cards, or expense tracking tools. Volopay simplifies everything by bringing deposits, payments, and expense tracking into one easy-to-use platform. With no minimum balance requirements, low fees, and no transaction limits, it’s designed to save you time and money.
Hold funds in multiple currencies and skip costly exchange rate fees with Volopay’s global multi currency business account, perfect for businesses in Canada looking to streamline their finances.
Global multi-currency account for flexibility
Volopay’s global multi currency business account is a game-changer for Canadian businesses. It’s faster, simpler, and much more affordable than traditional business banking options.
Store money in different currencies, avoid high exchange fees, and send payments across borders with ease. Manage all your financial needs from one account, cutting down on administrative headaches and saving on costs for your Canadian business.
Effortless local money transfers
Send fast, secure payments within Canada for vendor payouts or employee salaries in just seconds.
Volopay’s multi currency business account supports unlimited domestic transfers, giving you real-time tracking and full control from a user-friendly dashboard, ensuring safe and efficient transactions for Canadian businesses.
Seamless international money transfers
Make cross-border payments to over 180 countries with Volopay’s business account, all at low foreign exchange rates.
Whether it’s B2B payments or remittances, you can manage everything from one platform, avoiding pricey exchange fees and ensuring quick, transparent international invoice payments for your Canadian business.
Optimize your AP process
Never lose track of a receipt with Volopay’s automated accounts payable system. Organize and categorize bills in one place, using the automated invoice management system to ensure vendors are paid on time, eliminating the stress of late payments for Canadian businesses.
Set up one-time or recurring payments and manage your vendor network from a single, intuitive account.
Corporate cards for everyone
Empower your team with modern corporate cards for seamless payments, whether in Canada or abroad. Volopay’s multi currency business account lets you set custom spending limits, approval processes, and policies for departments or projects, making compliance straightforward for Canadian businesses.
Use unlimited virtual or physical cards to manage subscriptions and on-the-go payments with ease.
Simplify employee payments
Pay your team, whether they’re in Canada or overseas, using Volopay’s payroll feature—all from one platform.
Adding employee details is simple, and the multi currency business account makes salary payments quick and affordable, bypassing high international transfer fees for Canadian businesses.
Fast and simple reimbursements
Simplify reimbursements for business trips, whether domestic or international, with Volopay. Employees can be reimbursed in the currency they spent, avoiding conversion hassles.
Set up automatic approvals for claims that follow your policies, handle bulk reimbursement uploads, and settle payments directly from your Volopay account, making life easier for Canadian businesses.
Manage users with ease
Add team members to your Volopay account with customized roles and permissions that fit your Canadian business structure.
Track spending with detailed insights for each user, accessible in just a few clicks. Flexible co-pilot features let you edit expense reports, giving you control and adaptability over your company’s funds.
Streamline your bookkeeping
Keep your finances organized with Volopay’s seamless integrations with popular Canadian accounting software. Every transaction in your multi currency business account syncs automatically with your records.
Use smart rules to categorize expenses automatically, eliminating manual work and ensuring your books are always up to date for your Canadian business.
Financial stack for business
No more switching between multiple bank accounts and tools to run your smart business. We have combined great software with every service you are using a bank for, to produce a state-of-the-art financial platform.
Empower your employees with physical and virtual cards
Manage and track every dollar that leaves your company
Open a global account with multi-currency payments
Manage vendors, approve invoices and automate payments
Save hours daily, and close your books faster every month
Integrate with the all the tools and software that you use daily
Volopay Vs. Traditional business bank account
Volopay stands out from traditional business bank accounts in terms of features, flexibility, and efficiency. The comparison table below highlights these key differences to help you find the best fit for your business.
Volopay vs traditional business bank account
Consistently rated at the top
We have been consistently rated at the top as a leader in AP automation, expense management, and procurement by our customers.
We are committed to provide modern financial solutions to startups and enterprises with the best customer experience and smooth implementation across your organization ensuring compliance and productivity.
Bring Volopay to your business
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Learn more about Volopay
Volopay brings together approvals, corporate cards, bill payments, expense reimbursements, and accounting automation into one platform tailored for Canadian businesses.
Domestic money transfers
Send money to vendors or employees within Canada using Volopay, managing all payments from a single, easy-to-use dashboard.
International money transfers
Pay vendors or employees globally with Volopay, handling all transactions from one dashboard for seamless cross-border payments.
Global business account
Open a multi-currency account with Volopay to hold funds in various currencies, simplifying global transactions for Canadian businesses.