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News

The Bancorp Bank enters deal with Cachet Banq

Friday 27 April 2012 09:28 CET | News

The Bancorp Bank, a wholly owned subsidiary of US-based financial services provider Bancorp Bank, has entered an agreement with Cachet Banq, a Californian financial services company.

Under the terms of the deal, The Bancorp Bank will serve as an ACH sponsor bank for payroll-related transactions for Cachet Banq’s clients.

In recent news, Bancorp Banks has started to issue the PayPal Debit MasterCard card.
 


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Keywords: The Bancorp Bank, Cachet Banq, payments , banking, financial institutions
Categories: Payments & Commerce
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