Responding to popular demand, payment service provider Electracash has launched a new direct deposit interface. Called Gateway Direct Deposit, the new service simplifies the payout process by allowing affiliate program operators to pay directly to webmasters’ bank accounts.
Aside from the obvious reductions in check preparation and bill-payment costs, the new service offers online merchants several advantages. Electracash says clients utilizing Gateway Direct Deposit experience diminished fraud, decreased administration time, and enhanced reliability versus paper checks.
The interface works seamlessly with both MPA3 and NATS, the company says.
“Direct Deposit is quickly becoming the payment option of choice for webmasters,” says Electracash Chief Executive Officer Lee Falls. “This allows our customers to accommodate their affiliates’ wishes without having to depend on third-party services.”