Through PacNet, payday lenders can send loan advances using UK Faster Payments and similar payment facilities in other locales; they can also accept repayment by debit card and direct debit payments
Vancouver, BC (PRWEB) March 27, 2013
Credit Summit 2013 took place March 20 at the QEII Conference Centre in London. The UK’s largest credit exhibition, this year’s summit consisted of four sub-conferences, designed to give attendees the opportunity to tailor agendas to meet their specific interest group.
PacNet Services, an international payment processing company that serves the needs of payday lenders, was on hand to showcase their worldwide payment solutions for loan advances and repayments. “Through PacNet, payday lenders can send loan advances using UK Faster Payments and similar payment facilities in other locales; they can also accept repayment by debit card and direct debit payments” states Brian Weekes, Head of Sales. Attendees were enthusiastic to learn about PacNet’s local-currency payment products, knowing that having access to locally relevant payment facilities is key to a company’s success in new markets.
Weekes found Credit Summit 2013 to be a good fit for PacNet: “The show was well attended, well organised, and the location and content were both excellent. If it continues on this scale, Credit Summit 2014 could be a world-beater, we’ll definitely be back!”
In a bid to ensure that each aspect of the credit industry was served at Credit Summit 2013, The Credit Summit offered the opportunity to tailor agendas to specific interests within the ever-changing landscape of credit management and provision. Four bespoke conferences ran concurrently throughout the day; attendees could choose to attend conferences on: Data, Risk and Fraud, Alternative Lending, Trade Credit Conference and Credit & Collections. Each individual conference covered regulations specific to that area of practice, debated the merits and pitfalls of industry developments, and discussed innovative case studies demonstrating exemplar operations within each field.
PacNet Services is an international payment processing company with representation on six continents. PacNet offers a diverse range of both traditional and electronic payment services for e-commerce, direct mailers, publishers and more. Some of the payment facilities offered by PacNet include credit card processing in 130 currencies, direct debit, EFT, ACH, cheque processing and bank transfer collection from the US, UK and around the world. PacNet also initiates payment disbursement by check and EFT for refunds, rebates, commissions and royalties in both major and developing markets around the globe.