Payment Partners announced that effective immediately Denmark, Finland, Norway, Sweden and Portugal
have joined the rapidly growing list of countries now covered by its
En’point(SM) international EFT services. Payment Partners, of Irvine, Calif.
provides fast, low-cost account-to-account electronic payments and funds
transfer services to businesses and individuals that need to move funds from
international bank accounts into U.S. bank or investment accounts.
“The addition of these five countries completes the latest phase in our
expansion plan and provides a significant lift in our ability to meet
expanding customer demand for our En’point(SM) service in more countries” said
Gregory J. Bjorndahl, Chief Executive of Payment Partners. “We initially
underestimated the demand for transactions with a few countries that were
further down on our target list — a high-class problem that we are only too
happy to address quickly.”
En’point(SM), ( http://www.en-point.com ) the Company’s direct electronic funds
transfer service, allows users with non-U.S. bank accounts to safely and
economically send funds to holders of U.S. bank accounts for fees as low as
$5. Individuals and businesses in the U.S. can receive payments from
international senders or move funds into their USD bank and investment
accounts. The En’point service provides transaction reporting unavailable
through traditional wire transfers and international drafts permitting both
senders and receivers to track payments on-line and match this information
with their internal accounting systems.
About Payment Partners
Payment Partners offers international electronic cash management services
to individuals, corporations, and private-label partnerships. Clients reduce
the waiting period to receive funds, reduce the costs of transfers, and
receive detailed reporting on-line.
Transfers are made from any existing foreign bank account to any financial
institution using a clearing network operated in concert with Chase Manhattan
Bank (FDIC insured), Visa ACH, HSBC, Danske Bank, Lloyds TSB and various
automated clearing mechanisms around the world. Payment Partners is
headquartered in Irvine, California, USA and operates a state-chartered,
federally supervised, financial institution, Security State Savings Bank.