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Berkeley Payments rolls out DirectSend to support businesses transfer funds in real-time

Friday 31 January 2020 09:54 CET | News

Berkeley Payments, a global payments solution provider, has launched DirectSend, a payments platform that supports real-time transfers.

Berkeley is also the first company in Canada to provide 3D Secure 2.0 for money transfer transactions, according to the official press release. DirectSend can be fully integrated into a business’ existing system and delivers real-time, business disbursements, peer-to-peer (P2P) transfers and B2B supplier payments to fit all business needs.

Additionally, the service will provide new debt repayment and collections solutions and real time loading of prepaid cards directly from consumer bank accounts. DirectSend, which is currently available in Canada and will launch in the US in the late spring, is faster than ACH, cheque and prepaid options. Through this service, payments of any monetary amount can be instituted in less than three seconds, the press release continues.
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Keywords: Berkeley Payments, global payments solution provider, DirectSend, 3D Secure 2 0, debt repayment, prepaid cards, Canada, product launch
Categories: Payments & Commerce
Companies:
Countries: Canada
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