VocaLink and eWise Partner for UK Online Payments Solution

VocaLink, a payments specialist, has partnered with eWise, an online financial management solutions provider, to introduce a new, safer and more secure online payments solution to the UK.

The eWise Online Banking ePayments (OBeP) network keeps financial institutions in the primary position of the payment chain, allowing them to protect and regain revenue being lost to alternative payment providers, while leveraging existing online banking infrastructure. By using VocaLink’s Immediate Payments platform in partnership with the OBeP network, financial institutions will also benefit from a service that provides real-time consumer authentication, validation of sufficient funds and a guaranteed payment to the merchant.

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