US online payment services developer eLayaway is set to join the Secure Vault Payments (SVP) network and offer SVP to its customer network of over 100,000 members.

The SVP payment method, developed by NACHA - the Electronic Payments Association and global provider of online payments eWise, enables consumers to carry out payments on a merchant or biller’s website. Further on, customers will be automatically redirected to their own financial institution’s online banking platform to select which account they wish to use for payment. Consumers are then returned to the merchant or biller’s site, where they are to receive a payment confirmation. eLayaway will make this service available to its customers in Q4 2011.

NACHA is the governing body for SVP, creating, maintaining and enforcing the use of SVP through the NACHA Operating Rules and business rules specific to SVP. eWise acts as the switch operator and technology provider and leverages all sales, marketing and implementation activities for the development of the SVP network.

In recent news, eLayaway has its expanded relationship with e-commerce services provider 3DCart by integrating the latter’s services. As part of the deal, 3DCart’s 10,000 merchants will gain access to eLayaway's growing merchant network. Furthermore, merchants will benefit from 3DCart's latest software release coupled with the pre-integration of eLayaway as an alternative payment to PayPal and Google Checkout.