Short answers on accounts, wallets, eCommerce, FX, cards, coverage and how BREADX is set up.
No. BREADX PAY (BC) Limited is a money services business. For Canadian-dollar (CAD) funds, BREADX does not hold, own or control the funds. CAD is received, held at rest and disbursed by Apaylo Finance Technology Inc. at Digital Commerce Bank.
Business clients. Companies use BREADX to collect, convert, hold and pay across corridors. Individuals do not open retail accounts on their own. Recipients are onboarded by the business that needs to pay them.
It is the operating account for payroll, receivables, local payments in local currency and overseas cash flow — in one dashboard at breadx.fintekbox.net.
Wallets are a disbursement tool. The business client onboards recipients and funds the wallets. Recipients can hold the balance, send it to themselves or spend it on a card. This is not a consumer bank product.
Dedicated virtual accounts so a business can collect, reconcile and pay across SEPA, Faster Payments and SWIFT from one platform.
Merchant operating accounts, multi-currency balances and recipient wallets for online businesses that sell and pay across Pohjois-Amerikka, the UK, the EU/EEA, Asia and Africa.
FX sits on the same account. Convert collected funds into the currency you will pay or hold, then send on local rails where the corridor supports it. It is account FX, not a standalone trading product.
Yes. Business clients can issue branded prepaid, gift or debit cards — physical and virtual — under their programme, with spend controls for employees, customers or recipients.
Coverage is Pohjois-Amerikka, the Yhdistynyt kuningaskunta, the EU/EEA, Asia and Africa. Rails include local payments, SEPA, Faster Payments and SWIFT. Availability follows the client programme.
Alongside core operating currencies, further currencies may be received or converted through alternative payment methods and supported pairs, including JPY, ILS, TRY, NGN, GHS, UGX, KES, ZAR, XOF, MWK, RWF, XAF, TZS, ZMW, USDT and USDC.
BREADX PAY (BC) Limited is registered with FINTRAC as a money services business. Services include payment service provider, money transferring, and dealing in foreign exchange and virtual currency. FINTRAC MSB Registration No. M24963656.
Speak with the team on the contact page or start in the client dashboard at breadx.fintekbox.net. Existing clients can open a ticket in the dashboard. Complaints follow the published complaints procedure.