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Chexy for Small Business is a solution designed to help Canadian SMEs transform their day-to-day expenses (such as rent, supplier payments, professional fees, installments, taxes and payroll deductions) into points or miles, simply by using their credit card.
For a limited time, take advantage of a special offer to earn up to 100,000 Aeroplan® points* on your business expenses.
Indeed, while these payments are usually made by bank transfer or cheque, traditional methods do not earn any rewards. Yet, the amounts involved are often significant and could be much better optimized.
That’s precisely where Chexy for Small Business comes in: a 100% Canadian platform that lets you pay your business expenses with a credit card, even if your suppliers don’t accept them directly. All without changing your payment habits, since Chexy takes care of converting your transaction into a conventional bank transfer, sent to the recipient as usual.
Chexy is an online platform that lets you pay suppliers or government agencies with a credit card, even if they don’t accept cards directly. Instead, Chexy converts the payment into a bank transfer or pre-authorized debit, which the recipient receives as usual.
Recently, Chexy has introduced a solution specifically designed for:
The platform accepts Visa and American Express, including business credit cards, which opens the door to many optimization strategies.
Here are some of the payment options available with Chexy:
Here are some of the sectors served by the platform:
Using a rewards credit card to pay for business expenses allows you to earn points or miles on purchases you would be making anyway.
Here are some examples:
With Chexy, you can earn and maximize these rewards, even if your suppliers don’t accept credit cards.
In addition, these business expenses, which are often recurring and substantial, can help you more easily meet the spending requirements needed to unlock welcome bonuses, especially those that require high spending thresholds. What might be challenging for an individual is often routine for a business, especially when it comes to making large payments such as rent or taxes.
By using a credit card for your Chexy payments, you benefit from the payment terms (up to 55 days) offered by some payment cards. This makes it easier to manage your cash flow, especially during periods of tight liquidity. For example, the Business Platinum Card® from American Express, which is a payment card that has no pre-set spending limit and provides a longer payment period than traditional credit cards.
Then, if you strategically coincide your Chexy payment date with your statement issue date, you’ll have more time to pay before the due date.
Your suppliers simply receive a pre-authorized debit or bank transfer from you via Chexy. They have no action to take and no account to create.
You continue to receive invoices as usual, and Chexy takes care of the rest.
Chexy charges a 1.75% service fee per transaction when you use a Canadian credit card. You also have the opportunity to lower this fee by referring others. After you refer 10 people, your rate drops to 0.5%.
This is a huge advantage over competitors such as Paysimply and Plastiq.
Here are the simple steps to get started:
You can check under your Chexy profile (My settings) to see if it is marked as a small business:
If you already have a Chexy personal account, you can convert it to a small business account to benefit from the features.
Once validated, your account will benefit from the functionalities of a corporate account, enabling you to activate payments to suppliers and manage your business taxes directly via Chexy.
Until October 21, 2025, sign up for Chexy for Business and earn up to 100,000 Aeroplan points after 3 consecutive months of payments by reaching the following thresholds:
As a business, you’re constantly faced with bills to pay. Whether it’s for your accountant, electrician, or another service provider, you can use Chexy’s Interac e-Transfer feature. The supplier will receive the payment as if it were made directly from your bank account.
To proceed, simply select the “Set up a single payment” option, choose the appropriate category for the supplier (select “Household and miscellaneous expenses” if there is no exact match), then select “Interac e-Transfer” as the payment method.
Business taxes represent a major expense for entrepreneurs.
With Chexy, you can pay:
And all using your credit card. The Canada Revenue Agency (CRA) or Revenu Quebec receive a bank transfer, just as if you had paid them directly.
In return, you earn points or miles on an expense that would normally earn you nothing.
To generate a cheque specimen and set up pre-authorized payments for your business, click on the “Business taxes and remittances” option and Chexy will generate the information associated with a cheque specimen. As Chexy ‘s small business program is still in beta phase, the site has not yet been fully adapted to reflect this new functionality.
Next, select “Pre-Authorized Debit.”
Here is the banking information to enter for the Canada Revenue Agency:
You can then specify the amount to be paid each month and the payment due date. Please bear in mind the processing time required to set up or modify a Chexy pre-authorized debit, which is approximately five business days. It’s recommended to choose a payment date a bit earlier than your actual due date to avoid any last-minute issues.
After this step, you’ll receive a specimen cheque from Chexy containing all the banking information you need:
The financial institution used by Chexy is Peoples Trust Company based in Vancouver.
If you don’t already have pre-authorized payments in place, go to your business account on the Canada Revenue Agency website.
Under the “corporate taxes” section, click on “view and pay account balance.”
At the start of the process, you’ll be asked to specify the tax period and payment amount. Then, as you continue through the steps, you’ll have the opportunity to choose your payment method.
Then, enter the amounts, frequency, number of payments, and the date of the first payment. Make sure the details match with Chexy’s.
The Canada Revenue Agency allows different payment frequencies, but Chexy only supports monthly pre-authorized debits. Therefore, if you’re on a quarterly basis, you’ll need to contact your accountant to make the change. However, you can still set up the monthly debit with Chexy and then pause it to resume on the correct date.
Finally, you’ll be asked for the bank details you generated with Chexy in the previous section.
For payroll deductions, you can follow the same steps by clicking on “Payroll deductions”.
To modify an existing pre-authorized debit (for example, if you were already doing so via your bank account), click on “Manage pre-authorized debits”. Then select the one you wish to modify and enter the new bank details provided by Chexy.
Please note that it takes approximately five working days for the change to take effect. Therefore, this option may not be available if you are too close to the deadline.
For the time being, the only way to do this is to follow the steps above by setting up a pre-authorized debit and canceling or pausing it after a first payment. Chexy is working to simplify the process.
On the Canada Revenue Agency website, you have the option of choosing the number of payments. So, if you specify only one payment, only one payment will be made. On the Chexy side, however, there is no option to select a single payment. However, you can delete it or pause it very easily.
Unlike the Canada Revenue Agency, it is not yet possible to make payments by pre-authorized debit with Revenu Quebec. This feature is still in the testing phase, and the section will be updated in due course when the option is officially available.
To make a one-time payment with Revenu Quebec, start by logging into your company account on the Revenu Quebec website. In the “Corporate taxes” section, you’ll find a 20-character payment code (numbers and letters).
Copy this code, then go to the Chexy platform and select the “Pay income tax” option. As Chexy for small businesses is still in beta phase, it’s normal for the site to display the statement: “ We only support, individual taxpayments. “
That said, as long as your Chexy account is properly categorized and verified as a small business account (as explained earlier in this article), the payment will indeed be processed correctly through this channel.
You will then be able to see the payment received in the transaction history of your Revenu Québec account. Allow about three business days for Chexy to process the payment, plus a few additional days before it appears on your statement.
Business expenses can be enormous. Corporate taxes, for example, are often substantial. And, frankly, having to pay them out of the company’s bank account without getting anything in return can seem frustrating.
This is where Chexy for small businesses makes all the difference. Thanks to a reasonable fee of 1.75% and the categorization of payments as recurring, this solution becomes a real strategic lever. As long as the value of the rewards obtained exceeds the costs incurred, the operation is profitable.
Let’s take a concrete example: if you use the American Express® Business Platinum Card with a value of 2¢ per point, you come out ahead. The points accumulated can quickly offset or even exceed the fees charged. If you don’t already have this card in your wallet, now’s a good time to get it and take advantage of Chexy to help you unlock a very generous bonus!
In fact, paying these fees has always been a smart decision when it comes to unlocking a welcome bonus. The value of the points earned usually far exceeds the cost of the transaction. Even when there’s no bonus at stake, these business payments still need to be made, so it makes sense to maximize their value with a solution like Chexy. This way, you turn a fixed, unavoidable expense into a tool to help you travel more (or save more).
Chexy for Small Business is a powerful tool for Canadian SMEs and self-employed workers. It allows you to optimize your expenses, accumulate points or miles and manage your cash flow.
If you’re looking for a simple way to boost your business expenses, including tax payments, Chexy is a smart and effective solution.
Yes, but it’s better to use a business card for better accounting management.
Yes. However, only CRA is currently supported for business payments. Revenu Quebec’s functions are still being tested.
No, once the transfer has been initiated, it is non-refundable. It is important to validate the information before confirming.
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