Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.

Westpac NZ to launch online payment option direct from account
Posted on 29-May-2014 09:54. | Tags Filed under: News.



Westpac NZ is looking to launch a new online payment option called ‘Direct From Account’ for customers.

When available, Direct From Account will enable customers to purchase goods or services via a merchant’s website and extends the merchant’s reach to customers who do not have, or prefer not to use, a card online.

Westpac is initially partnering with DPS Payment Express (Payment Express) to deliver the new service, which Westpac intends to be available by September this year.

Once a participating merchant has received online payment confirmation through Direct From Account, they will be able to issue an e-receipt and promptly dispatch goods or provide services. This will eliminate the need for the merchant to manually reconcile payments from bank accounts before providing goods or services.

Working with Payment Express means Westpac’s Direct From Account will incur no development effort or integration cost for merchants, provided they are already using the Payment Express platform.

Direct From Account will complement Westpac’s other e-commerce solutions and the bank will look at working with other banks so that they, in turn, can extend this functionality to their customers.


comments powered by Disqus


Trending now »

Hot discussions in our forums right now:

Speed limit when overtaking? Teach me please.
Created by nakedmolerat, last reply by hio77 on 23-Oct-2014 23:34 (19 replies)
Pages... 2


$39 iPhone plan goneburger
Created by MadEngineer, last reply by MadEngineer on 23-Oct-2014 22:23 (17 replies)
Pages... 2


Spark Socialiser
Created by freitasm, last reply by freitasm on 22-Oct-2014 18:39 (34 replies)
Pages... 2 3


American legal jurisdiction in New Zealand
Created by ajobbins, last reply by gzt on 21-Oct-2014 14:58 (30 replies)
Pages... 2


iPad Air 2 and iPad Mini 3. Gonna get one?
Created by Dingbatt, last reply by Handle9 on 23-Oct-2014 21:53 (101 replies)
Pages... 5 6 7


Snap have failed our company!
Created by dafman, last reply by kornflake on 23-Oct-2014 17:41 (37 replies)
Pages... 2 3


Thief taunts 12 year old via stolen laptop
Created by macuser, last reply by charsleysa on 22-Oct-2014 23:49 (12 replies)

Another Trade Me competitor: SellShed
Created by freitasm, last reply by freitasm on 23-Oct-2014 19:00 (44 replies)
Pages... 2 3