Grow your grants.
Not your risk.
WellPay proves a charity's bank account belongs to it before you send, on a regulated Canadian rail. No banking data for you to store, no funds for us to touch.
Built on a Canadian FINTRAC-registered payment rail. No percentage fees taken. Ever.
Your current process is not just slow. It leaves you exposed.
The Old Way
- Void cheques sent by email: easy to forge, and they never prove ownership
- No way to confirm the account belongs to the registered charity. Anyone with a CRA number and a convincing void cheque could redirect funds.
- Charities change banks and forget to tell you, so disbursements bounce
- You maintain thousands of charity banking records by hand
- Charities re-enter the same details for every DAF they work with
- Someone builds a payment file by hand for every batch
WellPay
- Banking details are validated on a regulated Canadian rail and matched to the charity's CRA-registered name. Ownership is proven, not collected.
- Verified before any payment runs, not assumed from a piece of paper
- Every grantor sees the same verified data, so nothing is duplicated
- Automated prompts keep banking details current
- We generate the payment file. You approve and send.
- Funds move on a regulated rail. We never touch the money, and you never store the data.
Verified on two layers, every batch
A void cheque only proves someone has a chequebook (or has produced a cheque image). A micro-deposit only proves the account is real. WellPay proves the two things that matter: that the account belongs to the charity, and that the charity is still in good standing with the CRA. Both are checked every time you disburse.
Charity & account verification
Banking details are validated through a Vancouver-based, FINTRAC-registered Canadian payment provider, and matched to the charity's CRA-registered name. The account ties to the registered charity, not just to a real account somewhere.
Real-time bank validation
Account status is checked the moment a batch is built. Closed accounts and stale records are caught before a payment can fail.
Re-verified, not assumed
Ownership and status are re-checked every batch. People leave, accounts close, and restructures happen quietly. The system catches what onboarding-only verification misses.
From approved grant to charity deposit in four steps
Create Your Batch
Fund holders can request disbursements, or you enter them directly. Charity data populates automatically. No manual lookup required.
Connect & Verify
Link your foundation's bank account once. Charity accounts are validated and matched to CRA records. Review totals and approve.
Hit Submit
Funds move on a regulated Canadian EFT rail. Track every disbursement in real time, from queue to complete.
Charities Get Paid
EFT processed. Charities notified. Complete audit trail. We never touch the money or take a cut. We facilitate the authorization and the regulated rail moves the funds.
Everything you need to disburse with confidence
Centralized Banking Data
Secure & Compliant
No Percentage Fees
Direct Bank Integration
Flexible Integrations
Authorization Levels Built In
Account Ownership Verification
Built to the standard your auditor expects
Why void cheques aren't good enough
A void cheque proves someone has a chequebook (or has produced a cheque image). It does not prove the account belongs to a registered Canadian charity. In an era where a convincing void cheque takes seconds to generate with AI, every DAF administrator carries the fiduciary risk of sending grants to an account no one has actually verified. A sign-off approves the amount and the charity name. It does not confirm the bank account behind them.
WellPay removes that risk. Banking details are validated on a FINTRAC-registered Canadian rail and matched to the charity's CRA-registered name, so ownership is proven, not claimed. And no one on your team is left holding banking data they should never have had to store.
One charity update benefits every grantor
Today, every DAF maintains their own charity banking database. Charities fill out the same forms for dozens of funders. When they change banks, most funders never find out until a payment bounces.
WellPay flips this. A charity verifies once, into a secure, centralized system. When they update, every grantor using WellFunded sees it immediately. And because every account is validated on a regulated rail and matched to CRA records, you can trust the details belong to the charity they claim to represent. Verify a charity once, and every funder on the network benefits.
We're building the source of truth for Canadian charity banking data.
“If I could wave a magic wand, creating an EFT bank for DAFs to tap into is probably top of my list.”
DAF Administrator
Canadian Donor Advised Fund
Stop chasing. Start disbursing with proof.
A group of Canadian DAFs are building shared, verified payment infrastructure for the sector, as founding partners. If reducing your liability, improving your security, and increasing the efficiency of your disbursements are a priority, let's talk.