ATLANTA--(BUSINESS WIRE)--MEA Financial Enterprises (MEA), a national leader in the financial software industry, today announced that it has integrated Acculynk’s real-time person-to-person (P2P) money movement service, Payzur, into MEA’s iPhone and Android applications. With Payzur, MEA’s financial institutions will be able to provide their customers with the fastest, easiest and most secure P2P solution.
As financial institutions continue to invest in their mobile banking experience, person-to-person payments is now a must-have feature. Consumers look to their financial institution to provide industry leading money movement tools and will give their business to those organizations that do. MEA built Payzur into its newly released mobile applications to meet these demands and provide their clients with a new high quality, recurring revenue stream.
“MEA is focused on delivering mobile banking features that bring direct value to our financial institutions and their account holders,” stated Ed Rhea, President & CEO of MEA. “Acculynk’s real-time P2P solution runs on the debit card rails, making it an attractive personal commerce service. We are excited to provide this integration to our banks and credit unions as it allows them to accommodate growing consumer demand for more flexible payments options.”
Acculynk’s Payzur is a 100 percent white-labeled P2P solution that allows a customer to send a real-time P2P payment to any email address or mobile phone number simply by entering his bank-issued PIN via Acculynk’s PaySecure® patented online graphical PIN pad. There is no enrollment or waiting period for consumers to begin using the service and no technical integration required for the financial institution.
“We’re excited to formally announce our partnership with MEA. We’ve been working with the MEA team for several months and are impressed with the first class product they built using Payzur’s APIs,” said Steve Ostroff, General Manager Payzur, Acculynk. “The combination of Payzur’s functionality with MEA’s design and overall experience has generated overwhelming interest from their clients. We’re looking forward to the continued roll out of the solution to their extensive client base.”
Acculynk secures online transactions with a suite of software-only services backed by a patented authentication and encryption framework that provides greater security for issuers, EFT networks, merchants and payment processors. Acculynk’s PaySecure® utilizes a graphical PIN-pad for the secure entry of a consumer’s PIN online and is available to merchants through existing acquirer relationships, enabling speedy implementation. PaySecure is currently enabled on over 6,000 merchant websites.
Acculynk has partnerships with 11 EFT networks to process PaySecure transactions and with six leading payment processors, and is certified with PULSE, First Data and Master Card, among other key industry leaders. Additionally, Acculynk solutions include PayLeap, a gateway and acquiring and card processing services, and Payzur, the only debit-based real time and 100% white labeled P2P solution. Visit http://www.acculynk.com.
About MEA Financial Enterprises
MEA is a national leader in the provision of innovative software solutions to the financial services marketplace around the nation. MEA Financial’s solutions are not only technically advanced, but provide superior functionality, are easy to integrate, and offer enhanced levels of cost efficiency. With these solutions, MEA works towards the goal of helping our clients grow revenue and gain a competitive edge by enhancing their customers’ satisfaction. More information about MEA Financial can be found at www.meafinancial.com.