eWise and VocaLink Announce Partnership to Introduce new Online Payments Solution to the UK
Poster: SySAdmin
Posted on August 3, 2010 at 7:07:01 AM
eWise and VocaLink Announce Partnership to Introduce new Online Payments Solution to the UK
LONDON, August 3, 2010-- VocaLink, the international payments specialists, today
announced a partnership with eWise, the online financial management solutions
provider, to introduce a new, safer and more secure online payments solution
to the UK.
The eWise Online Banking ePayments (OBeP) network, unlike
other alternative payment options, keeps financial institutions in the
primary position of the payment chain, allowing them to protect and regain
revenue being lost to alternative payment providers while leveraging existing
online banking infrastructure. By utilising VocaLink's Immediate Payments
platform in partnership with the eWise OBeP network, financial institutions
will also benefit from a service that provides real-time consumer
authentication, validation of sufficient funds and a guaranteed payment to
the merchant.
Nick Masterson-Jones, Managing Director of Transaction
Services at VocaLink said: "We are delighted to partner with eWise, to
deliver innovation in the online payments market. We have selected eWise
because, through their knowledge and expertise in this field, they are
clearly well placed to establish and operate an OBeP network in the UK. "
Richard Brierley-Jones, Managing Director of eWise's Payments
Division commented: "We are pleased that VocaLink recognizes the value we can
bring not only to its financial institution customers but to the end consumer
as well. We plan to deliver new alternative online payments solution that
will address the increased demand by consumers for a simple and secure
payment option."
eWise
eWise is a payments and online financial management solutions
provider with a reputation for providing innovative solutions that make
transacting online easier and more secure. eWise offices in the UK, the US,
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 http://www.ewise.com.
VocaLink
VocaLink is a specialist payments partner to banks, their corporate
customers and government departments. We design and deliver smarter domestic
and international automated payments systems, and smarter ATM switching
solutions.
In fact, our switching platform connects over 60,000 ATMs, the world's
busiest network, while our payments platform processes over 500 million
payments per month.
Having pioneered electronic payments for over 40 years it's perhaps no
surprise that many major organisations have come to rely on our services.
For example, our Real-time Payments Platform is the central
infrastructure for the UK's Faster Payments Service, whilst we are working
with BGC, Sweden's leading payments provider, to provide outsourced
processing for the majority of Sweden's domestic payments.
We are very proud of our service delivery record. Our platforms operate
on never-fail technology to ensure total reliability and availability 24
hours a day allowing us to meet our customer needs.
In short, our smarter payments capabilities offer banks, corporates and
government departments reach throughout SEPA and beyond.
Safer payments, smarter partner.
For further information, please contact:
Mark Matthews, eWise STAFF CONTACT
+44(0)118-9000-992 or mmatthews@ewise.com
Zoe Gray, Hotwire
+44(0)20-7608-4641 or Zoe.Gray@hotwirepr.com
Deborah Souter, VocaLink Limited
+44(0)870-920-8651 or deborah.souter@VocaLink.com
If you would like to receive the monthly press release please e-mail
vocalinkuk@hotwirepr.com or deborah.souter@VocaLink.com
Source: VocaLink
For further information, please contact: Mark Matthews, eWise STAFF CONTACT, +44(0)118-9000-992 or mmatthews@ewise.com; Zoe Gray, Hotwire, +44(0)20-7608-4641 or Zoe.Gray@hotwirepr.com; Deborah Souter, VocaLink Limited, +44(0)870-920-8651 or deborah.souter@VocaLink.com; If you would like to receive the monthly press release please e-mail vocalinkuk@hotwirepr.com or deborah.souter@VocaLink.com
LONDON, August 3, 2010-- VocaLink, the international payments specialists, today
announced a partnership with eWise, the online financial management solutions
provider, to introduce a new, safer and more secure online payments solution
to the UK.
The eWise Online Banking ePayments (OBeP) network, unlike
other alternative payment options, keeps financial institutions in the
primary position of the payment chain, allowing them to protect and regain
revenue being lost to alternative payment providers while leveraging existing
online banking infrastructure. By utilising VocaLink's Immediate Payments
platform in partnership with the eWise OBeP network, financial institutions
will also benefit from a service that provides real-time consumer
authentication, validation of sufficient funds and a guaranteed payment to
the merchant.
Nick Masterson-Jones, Managing Director of Transaction
Services at VocaLink said: "We are delighted to partner with eWise, to
deliver innovation in the online payments market. We have selected eWise
because, through their knowledge and expertise in this field, they are
clearly well placed to establish and operate an OBeP network in the UK. "
Richard Brierley-Jones, Managing Director of eWise's Payments
Division commented: "We are pleased that VocaLink recognizes the value we can
bring not only to its financial institution customers but to the end consumer
as well. We plan to deliver new alternative online payments solution that
will address the increased demand by consumers for a simple and secure
payment option."
eWise
eWise is a payments and online financial management solutions
provider with a reputation for providing innovative solutions that make
transacting online easier and more secure. eWise offices in the UK, the US,
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 http://www.ewise.com.
VocaLink
VocaLink is a specialist payments partner to banks, their corporate
customers and government departments. We design and deliver smarter domestic
and international automated payments systems, and smarter ATM switching
solutions.
In fact, our switching platform connects over 60,000 ATMs, the world's
busiest network, while our payments platform processes over 500 million
payments per month.
Having pioneered electronic payments for over 40 years it's perhaps no
surprise that many major organisations have come to rely on our services.
For example, our Real-time Payments Platform is the central
infrastructure for the UK's Faster Payments Service, whilst we are working
with BGC, Sweden's leading payments provider, to provide outsourced
processing for the majority of Sweden's domestic payments.
We are very proud of our service delivery record. Our platforms operate
on never-fail technology to ensure total reliability and availability 24
hours a day allowing us to meet our customer needs.
In short, our smarter payments capabilities offer banks, corporates and
government departments reach throughout SEPA and beyond.
Safer payments, smarter partner.
For further information, please contact:
Mark Matthews, eWise STAFF CONTACT
+44(0)118-9000-992 or mmatthews@ewise.com
Zoe Gray, Hotwire
+44(0)20-7608-4641 or Zoe.Gray@hotwirepr.com
Deborah Souter, VocaLink Limited
+44(0)870-920-8651 or deborah.souter@VocaLink.com
If you would like to receive the monthly press release please e-mail
vocalinkuk@hotwirepr.com or deborah.souter@VocaLink.com
Source: VocaLink
For further information, please contact: Mark Matthews, eWise STAFF CONTACT, +44(0)118-9000-992 or mmatthews@ewise.com; Zoe Gray, Hotwire, +44(0)20-7608-4641 or Zoe.Gray@hotwirepr.com; Deborah Souter, VocaLink Limited, +44(0)870-920-8651 or deborah.souter@VocaLink.com; If you would like to receive the monthly press release please e-mail vocalinkuk@hotwirepr.com or deborah.souter@VocaLink.com