The International Financial System application (IFS) is a software application developed by the PTC to help Posts replace their traditional paper money order services with electronic money order services. . IFS uses electronic data interchange (EDI) to send international money order data electronically, using sophisticated data encryption techniques to ensure the integrity of the data sent over the postal network. IFS also helps Posts provide electronic domestic money orders services.

IFS is a complete management tool that responds perfectly to the needs of Posts in the electronic transfer of money orders especially at a time when the money transfer market is becoming increasingly competitive.

IFS is typically installed at the Posts premises. However, for Posts with low to medium international money order volumes and who do not wish to maintain IFS application infrastructure, the PTC offers a “Light” version of IFS.

The IFS Light application infrastructure is hosted by the PTC and Posts only have to access the Web interface, via the Internet, to perform daily operational tasks of money order purchases, cancellations, reimbursements and payments.