Acculynk has worked directly with the following regional debit networks including PULSE, Accel, Star, NYCE, Shazam and CU24 to launch a single Global True Debit gateway that enables dynamic least cost routing across these networks for e-Commerce transactions.
This presents a massive opportunity for online merchants. We have encapsulated this opportunity within a short whitepaper titled, “Leveraging Regional Debit Networks to Reduce Online Card Acceptance Costs in a Post-Durbin World.”
This white paper will help to educate online merchants on the opportunity to leverage a true debit option as a viable and cost-effective payment method. Providing details on the business case, which for many merchants can afford savings of 15% to 30% compared to Visa and MasterCard signature debit options.
Additionally through the same Global True Debit gateway online merchants can benefit from acceptance of international debit brands such as China Union Pay.
Acculynk is a patent backed payment and authentication innovator backed by one of the largest venture capital funds in the US. Our founders have successfully launched and sold multiple disruptive businesses in the Financial Technology market. We serve some of the largest and fastest growing eCommerce markets in the world including the US, India, China and Canada. Our solutions unlock billions of consumers for in-country and cross-border online and mobile commerce.
Acculynk’s PaySecure is the only technology that has been approved across multiple domestic and international Networks for online / mobile PIN entry to secure a payment transaction. PaySecure is currently enabled on over 6,000 merchant websites. Additionally, Acculynk solutions include PayLeap, a gateway and acquiring and card processing services, and Payzur, a debit-based P2P and disbursement solution.
For data, background and forecasts on Acculynk: Search CardWeb.com’s CardFlash® Library of more than 58,000 archived articles; Access CardWeb.com’s CardData® for current and historical Performance, Portfolios, Profiles, etc. Visit RAM Research® (ramresearch.com) for quarterly and annual forecasts covering more than 150 metrics. [complimentary or deeply discounted access to CardWeb.com subscribers].
Additional database resources include CardWeb.com’s CardExecs® – comings & goings of payments movers & shakers; CardWeb.com’s CardWatch® – ears & eyes on marketing globally (57K items); and CardWeb.com’s CardPixes® – form & function of card design (7K items).