DebitWay.ca, a payment processing service provider, has announced the launch of Bundle, a payment processing service, as well as the launch of its New Master Merchant Control Panel, intended to help merchants to manage their online accounts much more easily than before.

Earlier, each of the payment methods – Direct Debit Transfer (DDT), Electronic Funds Transfer (EFT) and Automated Clearing House (ACH) – had to be managed separately. With the launch of Bundle, the process has been consolidated.

Rod Tomita, director of Business Development & Production, said: "In providing our partners with a payment processing Bundle and a New Master Merchant Control Panel, we are eliminating the need to log into several accounts to manage their transactions."

Tomita added: "Merchants used to have to read through and sign pages of contracts for every payment method they requested.

"The Bundle creates 1 Master Merchant account; any additions are derived from it and forego the need of signing new contracts. If you have IOP on your site and want to add EFT for example. All you need to do is request it from your Master Merchant Control Panel. You have already been pre-screened and approved by virtue of your Master Merchant account. It really doesn’t get any easier than that."

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