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| [December 17, 2012] |
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Meracord Adds Direct Deposit Feature to its API Suite
TACOMA, Wash. --(Business Wire)--
Meracord,
the leading third-party contract payment
processing service provider, recently added the direct deposit
feature to its suite of APIs,
allowing customers to deposit funds directly into their Meracord account
through a unique bank account and routing number.
Meracord, setting the standard for excellence in the payment
processing industry, has been in business for over 30 years and
serves a variety of industries in need of an all-inclusive turnkey
payment processing solution, compliantly receiving, storing and
transmitting funds in all 50 states and the District of Columbia.
Proiding an all-encompassing approach to payment processing, Meracord
delivers the ability for customers to deposit funds directly into their
Meracord account from any of their external bank accounts through the
Automated Clearing House (ACH) system. "Our ability to dynamically
create stored value accounts for each of our customers is enhanced by
our new direct deposit feature. Coupled with payment processing
solutions focused on compliance, security and efficiency, this addition
is further testimony of our goal of providing a unified payment engine
to the market," said Pete Siems, Senior Vice President, Director of
Information Services.
The direct deposit feature adds to Meracord's suite of payment features,
which includes the recently launched online payment button, Meracord
Payments. Direct deposit and other Meracord payment features are
available on Meracord's newly-augmented API sandbox which companies and
their developers can access from the Developers section of www.meracord.com.
Additional API calls available: create, modify and close accounts,
manage banking details, schedule ACH and credit card payments, cancel
scheduled payments, schedule disbursements, schedule account to account
transfers and query for account details and transaction history.
With Meracord's payment processing engine, available through various API
calls, companies have access to a compliant and comprehensive solution
for the collection, distribution and storing of funds. For more
information on Meracord payment
processing services, please visit www.meracord.com.
About Meracord
In business for over 30 years, Meracord is a leading third-party payment
service provider of contract payments. A privately owned company
specializing in trust account management, Meracord is committed to
providing safe, accurate and secure payment services allowing customers
to achieve financial goals. Meracord's substantial licensing and
bonding, frequent and rigorous audits, proprietary technology and
in-house customer service sets the company above its competitors.
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