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January 31, 2014updated 04 Apr 2017 4:09pm

Acculynk introduces new direct-to-debit business payout solution

Acculynk, an Atlanta-based PIN-debit authentication gateway services provider, has introduced a new direct-to-debit business payout solution for businesses to transfer payments directly to an individual’s or small business’ debit card instantly.

By Verdict Staff

Acculynk, an Atlanta-based PIN-debit authentication gateway services provider, has introduced a new direct-to-debit business payout solution for businesses to transfer payments directly to an individual’s or small business’ debit card instantly.

The new Payzur direct-to-debit payment platform will provide an easy payout process for businesses such as online marketplaces that often make payments to individuals or small businesses.

Acculynk said that both debit and prepaid cards can be used with the new service to avoid delays in payments to individuals or small businesses.

With Payzur Direct-to-Debit, payouts such as insurance claims, merchant sales and consumer refunds can be implemented as payment is triggered with the money transferred to the debit card.

A full set of application program interface (APIs) are also being offered by Acculynk to allow businesses easily integrate the debit rails processing into their payout processes.

Furthermore, Acculynk is also developing a latest version of Payzur where the business is presented with a menu of options, such as a secure hosted pay page and an email communication engine, and selects the components that meet their needs.

The Acculynk gateway, combined with Acculynk’s PaySecure online PIN pad, enables e-commerce using PIN debit, including internationally in emerging, debit-centric markets.

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