CHICAGO – Harland Financial Solutions and its Harland Clarke affiliate announced this morning during the annual BAI Retail Delivery Conference the launch of their own person-to-person payment network for credit unions and banks.
As part of the companies’ P2P network, called Direct Payment Exchange, they are introducing a complimentary charter membership program for financial institutions for their 11,000 credit union and bank customers. More than 3,000 financial institutions have already been enrolled to participate in the fledgling P2P network.
The Direct Payment Exchange provides a common P2P platform for the companies' customers, facilitating lower cost movement of money while providing a more convenient enrollment process for consumers wishing to use the network's DPXPay desktop or mobile solution.
To coincide with the launch of the Direct Payment Exchange network, a charter membership program is being extended for financial institutions that wish to secure early membership in the network. Charter members will benefit from special, exclusive considerations, including waived membership fees, access to consumer marketing support and name recognition in promotional campaigns.
