EFT is not a novel payment solution, nor is it new to the DebitWay family. DebitWay partners have been benefitting from EFT for years and now new merchants will have the same opportunity. By reintroducing this method of payment to its existing partners who may not have been aware of this option and to all prospective new merchants, DebitWay has effectively opened the door for everyone to access any and all financial institutions in
An Electronic Funds Transfer is essentially writing a check online. As long as a user who wishes to make an online transaction is the beneficiary of a valid checking account, he can pay for all goods and services if the merchant has enabled DebitWay's EFT payment option. Checking accounts, which also go by the terms "banking" and "transaction" accounts, are the most prevalent services offered by Canadian financial institutions; in fact, it is not uncommon for a single person to have multiple checking accounts.
In reintroducing Debitway EFT to their partners and now offering this payment option to everyone, DebitWay is both educating and helping merchants profit from the ability to expand their potential client base and transaction totals. This method of payment is ideal for online shoppers who cannot secure credit cards, or simply prefer to write checks in order to better monitor their transactions. For the tens, if not hundreds, of thousands who manage their finances with credit unions or caisses populaires, EFT has always been the ideal method with which to make an online purchase. Senior software developer
For vendors seeking to optimize their revenues, EFT proposes the luxury of being able to accept payment from anyone and any financial institution, nationwide. "All merchants will be excited to know that this will accelerate their sales now!" declares
DebitWay has been providing qualified merchants with an unparalleled payment processing service for over a decade since its launch in 2004.
Read the full story at http://www.prweb.com/releases/2014/07/prweb11993260.htm
SEPTEMBER 2, 2014
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