You are here: Home > Solutions >Payments to/from accounts

Payments to/from accounts

 

BPS

 

1. Internet and Mobile/ E-commerce

 

Boundless offers an online money transfer, payment foreign exchange platform to enable real time payments. The system enables its registered users to deposit, withdraw and transfer funds to any other account on the system, including transfers of funds to accounts held by providers of goods and services. The system enables our clients to send or receive payments, in any currency, to their employees anytime and anywhere in the world.

 

2. Mobile / Wireless POS

 

BPS offers a fast, reliable and secure service to process all major credit, debit, and prepaid cards. All movement of funds can be executed instantaneously in real-time, even when utilizing a mobile device. BPS e-Wallet application is downloadable to the following carriers and continues to expand:

  • AT&T

  • Sprint

  • T-Mobile

  • Orange

  • O2

  • Verizon

  • Vodaphone

  • Others

 

3. ACH and EFT

 

Automated Clearing House (ACH) is a system of the U.S. Federal Reserve Bank that provides electronic funds transfer (EFT) between banks. It is used for all kinds of fund transfer transactions, including direct deposit of paychecks and monthly debits for routine payments to vendors. ACH is an alternative to paper checks and even costly wire transfers. BPS facilitates ACH solutions for your business through our relationships directly with the Federal Reserve to send payments within the U.S., Canada, Europe and some parts of Latin America. BPS also uses SEPA, the European equivalent of ACH and other EFT networks around the world to deliver payments for our clients.

 

4. Risk Management/ PCI Certification

 

The BPS platform provides a centralized database for online payments, improving risk management for all online transactions. It also includes an extensive set of internal fraud detection systems and 3rd party risk management services. Compliance regimes are easily managed through the platform’s extensive exception handling and audit capabilities, as well as, real time reconciliation functions and reports. We strictly follow the Know Your Customer (KYC) international requirements. KYC is a process of identifying the entire population of the active people on the system. The KYC process is a set of due diligence guidelines and bank regulations that financial institutions and other regulated companies must perform to identify their clients and ascertain relevant information pertinent to doing financial business with them.

News & Events

News
Events
Giving Back