UK-based payments service provider Earthport has launched payments services through epDirect.
epDirect provides an online interface enabling payments to be made to more than 200 countries in the world for a flat per-transaction fee. The transactions are facilitated through Earthport’s epClearing infrastructure.
epDirect is suited to serve small-to-medium size businesses, whose cross-border transfers tend to be of lower value, and for which other payments services are often not cost effective or suitable.
Transfers via epDirect are funded directly from the client’s own bank account. The service validates beneficiary and bank data. Users can also access the system directly to track and trace transactions, check on balances and perform other management functions.
It also provides users with access to receiving accounts around the world, providing an easy alternative to ‘cardholder not present’ e-commerce payments.