eDeposit Corporation Expands Reach Becoming a Nationwide Money Transmitter

Share Article

Achieving compliance in all states enables eDeposit to fuel ongoing growth.

News Image
Our customers operate in multiple states with the complete assurance eDeposit is secure, compliant, and scalable to meet their payment requirements.

eDeposit Corporation, a leading online financial services company (http://www.edeposit.com), today announced they have achieved compliance in all states as a licensed money transmitter. With the accomplishment of this major milestone, businesses operating nationwide can now leverage eDeposit’s real-time network to send and receive payments using web and mobile technology.

In addition to meeting the requirements as a money transmitter in all states, eDeposit is also registered as a money transmitter at the federal level with FinCEN (Financial Crimes Enforcement Network) and complies with other federal banking regulations including Anti-Money Laundering (AML) and Know Your Customer (KYC).

“Compliance at the state and federal level gives us reach nationwide which further positions us to capitalize on our growth strategy and continue the exciting trajectory we’ve seen in 2013,” says eDeposit CEO, Neil Williams. “Our customers operate in multiple states with complete assurance eDeposit is secure, compliant, and scalable to meet their payment requirements.”

About eDeposit
eDeposit is reinventing the way businesses get paid. eDeposit’s real-time payment and settlement network offers businesses an exciting value proposition including a payment guarantee. eDeposit provides the assurance of good funds in real-time for businesses managing one-time and recurring payment transactions. For more information on eDeposit, visit http://www.edeposit.com.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Jane Crifasi
Email >
Follow us on
Visit website