PaymentStream™ Automated Funds Transfer (AFT) is a service that facilitates processing and settlement of pre-authorized debits and direct deposit transactions. As a business member, you can pay your employees via direct deposit, or you can debit your customers’ accounts for contractual monthly fees. PaymentStream™ AFT provides the convenience of not having to write cheques for payroll, or collect cheques from customers for monthly fees.
PaymentStream™ AFT Features
- Continued AFT service types- file upload, data entry with manual release, data entry with automatic release
- Enhanced originator ID limits for transactions to assist with risk mitigation
- Real-time file validation during file upload and release process - allows users to receive immediate notification if file upload or release is unsuccessful, or if there are rejections of any individual transactions within the file
- For File Upload and Manual Release email confirmations sent only when a file is validated successfully.
- Added risk controls for dual authorization
- Added risk threshold controls
- Canadian or U.S. dollar transactions can be originated as long as the recipient’s account is held at a Canadian financial institution
- Ability for individual record release
- Ability to release AFT transactions up to 14 calendars days in advance
- Ability to download AFT product reports in CSV and PDF formats
- Retention history for up to 18 months
Security
PaymentStream™ AFT introduces 2-Step Security. 2-Step Security is a method of authenticating a user by confirming two factors of authentication: a username and password, plus a physical Hard Token or Soft Token Application. The token is required to access the new PaymentStream™ AFT application.
The Soft Token is installed on a user's trusted device, Smartphone, tablet or iPad. The device must have an authenticator app installed for the security process to work. The Google Authenticator app is recommended. The Hard Token is a physical device that can be requested from NPSCU.
Additional Resources
Payment Stream™ Frequently Asked Questions
Payment Stream™ AFT Guides
PaymentStream™ AFT, Guide for Manual Release (PDF)
PaymentStream™ AFT, Guide for Automatic Release (PDF)
PaymentStream™ AFT, Guide for File Upload (PDF)
PaymentStream™ AFT, Origination Deadlines (PDF)
PaymentStream™ AFT, Soft Token Access Instructions (PDF)
PaymentStream™ AFT, Hard Token Access Instructions (PDF)
Payment Stream™ AFT Training Videos
File Upload Videos
- Originator Information Page
- Testing an AFT File
- Uploading Files
- Approving Uploaded AFT Files
- AFT Reports
- Settlement Reports for Business Originators
- Viewing Archived Tasks
Data Entry Automatic Release Videos
- Originator Information Page
- Adding an AFT Record
- Managing AFT Records
- Approving Added and Edited AFT Records
- AFT Reports
- Settlement Reports for Business Originators
- Viewing Archived Tasks