American debit provider to integrate with RemitONE April 30, 2009
Canadian online payment company, Debitac International, has chosen RemitONE to provide transaction management and tracking systems for its Direct Debit product. Direct Debit is an ideal way to transfer money. Funds can be taken from the sender’s account and sent direct to the account of the beneficiary. This reduces the length of time it takes for funds to clear before they can be issued to the beneficiary.
RemitONE seamlessly integrates the Debitac system with the banks’ systems. It allows Debitac to provide a comprehensive and easy to use online service for its clients. Importantly it also speeds up the transfer process and eliminates mistakes.
Debitac chose RemitONE after looking at a number of similar products. It was very impressed after the demonstration and described the system as ‘feature rich’. However, it was the responsiveness of our service and good communication that was the deciding factor.
Operating in Canada and the US, Debitac has extremely good relationships with a number of major Filipino Banks. Debitac also plans to expand its operation to China and India.
Since Debitac entered into partnership with RemitONE, it is in the final stages of negotiations with the Filipino Banks to use the integrated system. Within the next six months it is predicting around 500,000 transfers per month and is confident other banks will follow.
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