Berkeley Payments Launches DirectSend for B2B payments
Berkeley Payments, the Canada-based payment solution provider, has launched DirectSend which enables frictionless and real-time transfer of payments for B2B clients. It is the first company in Canada to provide 3D secure 2.0 authentication for money transfer transactions.
This platform could be integrated into the businesses existing system and deliver real-time payments, business disbursements, peer-to-peer (P2P) transfers and B2B supplier payments. This service will also provide debt repayment and collections solutions and real-time loading of prepaid cards directly from consumer bank accounts.
The service is initially available in Canada and will launch in the US in the late spring.