Leading ACH Payment Processor Offers Online Payment Option to Financial Institutions, Merchants, Billers and Payment Gateway Clients
PHOENIX--(BUSINESS WIRE)--Checkgateway announced today they have joined the Secure Vault PaymentsTM network and now offer the online payment option to their nearly 10,000 merchants.
“Internet retailers desperately need a viable check debit solution that will allow them to fulfill orders in a timely manner. Because it guarantees the retailer funds, we feel combining Secure Vault Payments with our advanced technology will create win-win relationships in nearly every sector.”
Secure Vault Payments is a safe and secure online payment network developed by NACHA — The Electronic Payments Association® and eWise, a provider of online payment and personal financial management solutions.
“Secure Vault Payments will allow us to tap into the online retail market,” Says John Kirchhefer, CEO of Checkgateway. “Internet retailers desperately need a viable check debit solution that will allow them to fulfill orders in a timely manner. Because it guarantees the retailer funds, we feel combining Secure Vault Payments with our advanced technology will create win-win relationships in nearly every sector.”
Designed specifically for the unique security and convenience requirements of online payments and ecommerce, Secure Vault Payments enables consumers to initiate fast and secure payments for purchases and bill payments through their financial institutions’ online banking platforms without enrolling, registering or sharing any account information. Financial institutions authenticate consumers and provide businesses with real-time authorization and confirmation of ACH transactions.
“We are fortunate to be able to provide advanced settlement, reporting and merchant boarding solutions from a procedural and software perspective for financial institutions and gateways,” says Brian Bonfigllio, CIO of Checkgateway. “I am very excited to help them with a comprehensive Secure Vault Payments offering to better the user experience and profitability for our clients.”
“We are pleased to welcome Checkgateway to the Secure Vault Payments network,” said Richard Brierley-Jones, Executive Vice-President of eWise. “Their expertise with ACH payment processing as well as their proprietary reporting and settlement system makes them a logical and valued member of the network.”
Companies interested in joining the Secure Vault Payments network should contact Dean Seifert, Senior Vice President, eWise at svp@ewise.com. Inquiries regarding the NACHA Operating Rules or Secure Vault Payments business rules should be directed to NACHA.
About Checkgateway
Checkgateway, a leader and innovator in the Automated Clearing House (ACH) payment processing industry, has been an ACH service bureau since 1993. Checkgateway is an affiliate member of the National Automated Clearing House Association (NACHA), an organization charged with making operational rules for the ACH network. In addition to providing superior and innovated services for ACH processing at a merchant level, Checkgateway also assists other Third Party Processors and financial institutions with software solutions by licensing our proprietary processing platform. Checkgateway provides the most robust and competitive processing services, software solutions and consulting services in the industry. This wide array of specialized products puts Checkgateway at the forefront of ACH payment processing.
About eWise
eWise is partnering with NACHA to provide the Secure Vault Payments network, utilizing its Online Banking ePayments (OBeP) technology and account management services. eWise is an online payment and personal financial management solutions provider with a reputation for providing innovative solutions that make transacting online easier and more secure. eWise offices in US, UK, China and Australia support some of the world’s top 50 financial institutions with solutions delivering outstanding, proven ROI for its customers and a better online experience for millions of end-users worldwide. For more information, visit www.ewise.com andwww.securevaultpayments.com.
