WHOLESALERS CREATE FIRM TO LOWER EFT PROCESS FEES

SEATTLE -- Seeking to cut costs of handling credit, debit and electronic benefits transfer transactions, two major wholesalers have joined forces to create a new company that promises to offer electronic funds transfer processing at lower rates than otherwise available on the market.Beta testing is scheduled to begin this week and by February some $10 million in weekly transactions are projected to

SEATTLE -- Seeking to cut costs of handling credit, debit and electronic benefits transfer transactions, two major wholesalers have joined forces to create a new company that promises to offer electronic funds transfer processing at lower rates than otherwise available on the market.

Register to view the full article