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May 13, 2015updated 04 Apr 2017 4:03pm

Connect Financial to offer Acculynk’s P2P payment service

Connect Financial Software Solutions, US-based software services provider, has said that it will offer Acculynk's real-time person-to-person (P2P) money movement service, Payzur, through its online and mobile banking solution.

By Verdict Staff

Connect Financial Software Solutions, US-based software services provider, has said that it will offer Acculynk’s real-time person-to-person (P2P) money movement service, Payzur, through its online and mobile banking solution.

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The Payzur service enables customers to send P2P payment to any email address or mobile phone simply by authenticating the mobile- or web-initiated transaction with their bank issued PIN via Acculynk’s patented online graphical PIN pad.

The P2P payment product does not require any enrollment or waiting period or any technical integration for the financial institution to use the service.

Connect CEO Grant Parry said: "Payzur’s real time transfers and ease of settlement delivers an outstanding experience for both credit unions and their members."

Acculynk general manager Payzur Steve Ostroff said: "Our partnership with Connect demonstrates our commitment to providing financial institutions with the tools their members demand.

"The Connect team brings over 80 years of collective technical experience in the Credit Union industry, providing a unique insight to the needs of credit unions and their members."

Free Report
img

Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

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