Online banking solutions provider Jwaala has
teamed up with eWise to launch a new online payment alternative for
credit union members.
The online payment network Secure Vault
Payments (SVP) has also been integrated into Jwaala’s ‘Better
Online Banking Platform’ (BOB) allowing users to make payments to
online merchants and billers through simple, secure and immediate
ACH transactions.
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The online banking site and the ACH network
allows for the payment to be immediate, verified and without
requiring consumers to create an account at the merchant site where
confidential information is typically stored allowing for greater
security.
The SVP payment option will be available to
all financial institutions deploying Jwaala’s Better Online Banking
platform. Future innovations will include mobile access to SVP.
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By GlobalData
