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> powering the NACHA Secure Vault Payments
account aggregation
& wealth management
online security
consumer purchase
bill payment
funds transfer

 
 
NACHA Secure Vault Payments
Find out about the NACHA Secure Vault Payments >>
Visit the NACHA Secure Vault Payments website >>
> overview
 
a safe and simple way to pay online
The eWise network addresses key industry challenges, including consumer privacy and security concerns prevalent with online payments. The patent-pending eWise network provides consumers with an additional online payment method to credit cards, addressing consumer security and privacy issues by placing the payment authentication responsibility with their existing online banking relationship. Consumers make direct payments online using their existing online bank accounts or credit cards without disclosing their personal information to online businesses. Best of all, the eWise network ensures online payments are processed immediately allowing businesses to receive real-time notification of payments.
> features
  • proven technology platform  
  • end to end security
  • business and consumer financial institutions (FIs) authenticated
    by the eWise network
  • utilizes existing online banking authentication and processes
  • minimal integration costs
  • scalable solution
  • simple for consumers to use
> benefits
Why is the eWise network the best solution?
benefits for financial institutions
  • places the bank’s trusted brand at the forefront of online payments
  • provides an additional value added service and low cost income stream
  • increases online banking adoption
  • bank authentication reduces online fraud costs
benefits for consumers
  • allows the significant number of consumers without credit cards to
    purchase goods online
  • allows consumers to pay with credit cards without having to pass
    details to the business
  • addresses consumer fears of passing confidential information to third parties
  • simple to use – no pre-registration required  
benefits for businesses
  • provides increased sales, particularly from consumers who do not
    have credit cards or have security and privacy fears
  • provides access to lucrative micro payments market
  • reduces shopping cart abandonment rate – research confirms providing consumers with more payment options reduces abandonment rates
  • reduces fraud costs to businesses
  • reduces chargebacks
  • provides real-time notification of payments
  • removes the burden and costs of consumer authentication
> powering the NACHA Secure Vault Payments
Following a successful Proof of Concept phase, eWise has been selected as the network provider for the NACHA Secure Vault Payments in the USA. eWise is providing the eWise network to facilitate secure online consumer transactions that are initiated and authenticated directly through the consumers' financial institution website.

eWise delivers a robust payment network to support the NACHA Secure Vaults Payments requirements as well as a highly reliable infrastructure platform designed for ease of use and high transaction volumes. eWise offers significant expertise in developing, implementing and supporting high volume, high reliability transaction systems.

For more information see the overview or visit the NACHA Secure Vault Payments website.
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