PIREL is a certified money-services business (MSB), registered with FINTRAC and Revenu Quebec. PIREL offers automated accounts payable and accounts receivable solutions that integrate its Sisalto Pay® ePayment product. Being a MSB enables us to offer our customers a complete commitment in our service offering. In other words, we have eliminated our dependence on third parties for the execution of our customers’ monetary transactions, and offer a complete solution.
WHAT IS A MONEY-SERVICES BUSINESS?
A money-services business (MSB) is any company that facilitates financial transactions for its customers. MSBs must comply with specific regulatory requirements imposed by government agencies to ensure maximum safety and security of these transactions.
WHAT DOES IT MEAN TO BE MSB CERTIFIED?
MSB certification is crucial to maintaining the integrity of financial transactions. As a certified MSB, our company has undergone rigorous audit processes and adheres to strict regulatory standards imposed by authorities such as the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). This certification reflects our unwavering commitment to compliance and transparency in all financial transactions.
WHAT IS FINTRAC?
The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) is Canada’s financial intelligence unit and anti-money laundering and anti-terrorist financing supervisor. Its mandate is to facilitate the detection, prevention and deterrence of these illegal acts, while ensuring the protection of the personal information it holds.
WHAT ARE THE BENEFITS FOR OUR CUSTOMERS?
Our MSB certification offers many advantages to our customers, including :
- Greater transparency in our financial operations.
- Implementation of advanced security measures.
- Improved speed and accuracy of payment processing.
- Guarantee the confidentiality and integrity of financial data.
- Meet high industry standards.
- Provide clear visibility of transactions processed via our solutions.
- Innovate while meeting regulatory requirements.
Sisalto Pay®
Adopt PIREL’s Sisalto Pay® ePayment solution, to integrate with your existing solutions or in concert with our automated accounts receivable or accounts payable products.
Rely on efficiency, security and the highest technological standards to ensure your peace of mind and that of your customers and suppliers with regard to their transactions.
What sets us apart
PIREL is constantly striving to bring its products and services up to the highest industry standards, and to support its customers in an increasingly complex technological and business environment.
When you choose PIREL, you enter into a partnership that puts your needs at the forefront of our priorities. With our MSB certification, you can rest assured that we put security and compliance first at every level.
We are committed to going the extra mile to ensure that our solutions meet and exceed regulatory standards, guaranteeing that every transaction is handled with the utmost security and integrity.
With PIREL, you can enjoy the peace of mind of knowing your business is in safe hands, allowing you to focus on what matters most: growing your business.
PIREL is a certified money-services business (MSB) registered with Revenu Quebec and FINTRAC.