Payzur Featured as the Leading Next Generation Person-to-Person Payments Solution

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Digital Transactions highlights Payzur’s differentiators and recent successes

Acculynk, a unique technology driven payment solutions provider, announced today that its Payzur person-to-person solution was identified by Digital Transactions, a leading payments industry news and current events publisher, as a leader in the fast-growing P2P payments industry. The article was the feature story in the email distributed to tens of thousands of payment professionals.

The feature highlighted the products recent success in building a distribution network of over 6,000 US financial institutions. Another major theme was how the product leveraged the company’s proprietary technology to create a seamless customer experience. Payzur relies on Acculynk’s PaySecure PIN pad to uniquely authorize the sender eliminates the need for the consumer to log in to their online or mobile banking app. The combination of flexible integration options for FIs and mobile banking partners with easy, secure and fast payments is unmatched in the industry.

“We are very proud that Payzur was featured by a leading payments publication. We’ve worked hard to create a product that meets the needs of FIs and consumers and are seeing tremendous returns on that investment,” said Steve Ostroff, General Manager – Payzur. “P2P is a highly competitive market. We’ve created a differentiated product and the market response is overwhelmingly positive. Stay tuned as we continue to announce new partnerships, features and products.”

Acculynk’s Payzur is a 100 percent white-labeled P2P solution that allows a customer to send a real-time P2P payment to any email address or mobile phone number simply by entering his bank-issued PIN via Acculynk’s PaySecure® patented online graphical PIN pad. There is no enrollment or waiting period for consumers to begin using the service and no technical integration required for the financial institution. Payzur is distributed to consumers through financial institutions, online / mobile banking providers and other channel partners.

About Acculynk
Acculynk secures online transactions with a suite of software-only services backed by a patented authentication and encryption framework that provides greater security for issuers, EFT networks, merchants and payment processors. Acculynk’s PaySecure® utilizes a graphical PIN-pad for the secure entry of a consumer’s PIN online and is available to merchants through existing acquirer relationships, enabling speedy implementation. PaySecure is currently enabled on over 6,000 merchant websites. Acculynk has partnerships with 11 EFT networks to process PaySecure transactions and with six leading payment processors, and is certified with PULSE, First Data and Master Card, among other key industry leaders. Additionally, Acculynk solutions include PayLeap, a gateway and acquiring and card processing services, and Payzur, the only debit-based real time and 100% white labeled P2P solution. Visit http://www.acculynk.com.

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Contacts:
Nandan Sheth
Acculynk
(404) 664 3885
nsheth(at)acculynk(dot)com

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monish bahl
Acculynk
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