Acculynk Announces International Remittance Built Into Payzur P2P Solution
Atlanta, GA (PRWEB) August 10, 2016 -- Acculynk, a leading technology driven payment processor, has added international remittance capabilities to its Payzur P2P solution. Payzur now allows Banks and Credit Unions to offer international P2P payments to their customers via their existing P2P solution. There is no longer a need to use outside suppliers to provide international remittance capabilities to their customers. Now, a customer can send payments to US or international recipients. The Financial Institution can offer the expanded capability by signing up for the service.
Financial Institutions can now play a key role in the lucrative international remittance market with minimal investments in time and money. The FI can choose the International option, and choose the specific international remittance market they are interested in. The solution rolls out with India and the Philippine Islands as the first remittance markets, with plans for China, Mexico, Canada and Brazil in development. The Acculynk Payzur P2P solution offers built in compliance monitoring for Anti-Money Laundering (AML), Office of Foreign Asset Control (OFAC), and a number of US and foreign watch lists. The Financial Institution does not need to worry about compliance, foreign exchange, or dealing with additional service providers.
“Acculynk is committed to provide industry leading, flexible payment products to our financial institutions,” said John Beisner, General Manager, Payzur P2P Solutions. “Banks and Credit Unions need end user products that help them provide great services and build stronger customer relationships.” Financial Institutions can add the international remittance capability by contacting their account representative.
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 MasterCard, 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 enabling US and now International P2P payments. Visit http://www.acculynk.com.
Nandan Sheth, Acculynk, http://www.acculynk.com, +1 (678) 894-7012, [email protected]
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