eWise Adds Banks to Roster of Sponsors

May 12, 2011

eWise, a Denver-based online payment solutions provider, has added two new community banks to its growing customer base in the U.S. Meridian Bank and Metro Phoenix Bank will sponsor merchants and ISOs to accept Secure Vault Payments (SVP). eWise said SVP gives merchants and billers the only online payment option that provides real-time authorization of funds and guaranteed payments for ACH transactions at costs typically lower than traditional and other alternative payment methods. “As eWise further penetrates the U.S. market, the addition of these new customers represent a win-win for consumers, banks and payment providers,” said Alex Grinberg, CEO of eWise. “Secure Vault Payments allows banks such as these to participate in alternative payment types and gives them a competitive advantage in the marketplace.”