Curo Group announces agreement with DirectPay

Curo Group announced an agreement with Toronto, Ontario-based payment technology company DirectPay to further enhance CURO‘s consumer loan repayment capabilities. Beginning in August 2023, CURO’s ~250,000 Cash Money and LendDirect customers in Canada will be able to choose Interac e-Transfer to make highly secure, near real-time payments that will often process in under a few minutes. CURO already uses Interac e-Transfer to quickly deliver loan funds to consumers and will now extend the same benefits to customers who seek a more secure, faster way to make electronic loan payments. “This new payment method will not only give our customers more convenient options for how they make payments, but will also give them peace of mind, knowing their payments have typically been processed the same day,” said Doug Clark, CURO’s CEO. Interac e-Transfer is accessible by over 99% of Canadian consumers, and is integrated with over 250 different banking and financial institutions.