Westpac to launch Direct From Account payment service

Friday 30 May 2014 00:59 CET | News

The Australian bank Westpac has revealed plans to launch an online payment service dubbed Direct From Account.

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 to deliver the new service, which Westpac intends to be available by September 2014.

Once a participating merchant has received online payment confirmation through Direct from Account, they will be able to issue an e-receipt and dispatch goods or provide services.

In recent news, Westpac has introduced a tax for each online credit card purchases made in AUD by local customers from overseas merchants.

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Keywords: Westpac, Direct From Account, payment service, online payments
Categories: Payments & Commerce
Countries: World
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