Under the deal, the partners aim to integrate their payment platforms, namely VocaLink’s Immediate Payments platform and the eWise Online Banking ePayments (OBeP) network, to provide UK-based financial institutions with a service that enables real-time consumer authentication, validation of sufficient funds and a guaranteed payment to the merchant.
VocaLink is a provider of transaction services to banks, corporate customers as well as government departments. VocaLink processes domestic and international automated payments and provides ATM switching solutions.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now