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Harland Clarke Harland Fin. Solutions launch P2P network
LAKE MARY, Fla. (10/13/11)--Harland Clarke and Harland Financial Solutions have collaborated to launch their own person-to-person payment (P2P) network. Harland Clarke is a CUNA Strategic Services provider. As part of the launch, the two companies are offering a free charter membership program for financial institutions. The network, called Direct Payment Exchange, includes both desktop and mobile applications, called DPXPay, and provides a common P2P platform for the companies’ more than 11,000 clients. With the application, credit unions can offer their members the ability to send and request electronic payments to and from another person using only their e-mail address or mobile phone number. Members can also use DPXPay for account-to-account (A2A) transfers between accounts at different institutions. Harland Financial Solutions and Harland Clarke said the network will satisfy consumer requests for easier, more secure methods to send and receive money. It has the potential to generate profitable, transaction-based revenue for their clients, they said. The charter membership program includes waiver of membership fees, access to consumer marketing support and name recognition in promotional campaigns. More than 3,000 financial institutions are enrolled in the Direct Payment Exchange network, according to Harland Financial and Harland Clarke. “With this service offering, financial institutions will reinforce to consumers their commitment to remaining on the forefront of technology, supporting customer acquisition and retention, while providing opportunities for improving performance,” said Dan Singleton, Harland Clarke president. Harland Clarke Corp. is a provider of integrated payment solutions, marketing services and security solutions. Harland Financial Solutions Inc. supplies software and services to thousands of financial institutions.
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