CashPay Optimizes Global Bank Transfer

CashRun has successfully integrated a new electronic banking software into CashPay, which will provide CashPay merchants with hourly confirmation on incoming bank transfers from their customers.

St. Gallen (I-Newswire) February 21, 2011 - CashRun, a leading provider of e-commerce fraud management and global payment services, has successfully integrated a new electronic banking software into CashPay, the solution to consolidate localized payment methods into web shops. This latest enhancement will provide CashPay merchants with hourly confirmation on incoming bank transfers from their customers.

Through the latest implementation, CashPay has drastically shortened the status update time in comparison to the traditional daily reconciliations via online banking. The comprehensive solution automates the collection of bank transfer information, including the reporting data in accordance with international foreign trade and payment regulations. Additionally, an increasing range of formats for national and international payments can be supported by CashPay's newly-integrated software.

CashPay is CashRun's simplified solution to consolidate diverse payment methods into one single interface, which empowers e-merchants to manage their funds and monitor risk associated with multiple currencies business. The aforementioned integration offers CashPay merchants automated updates of their bank account status, hence plummeting the confirmation time for incoming bank transfers, increasing delivery speed and consequently leading to revenue growth. Once again CashPay has proven its ability to meet latest market needs and requirements.

About CashPay -
CashPay is the go-to solution for merchants looking to simplify deploying localized payment options on their websites, and at the same time reduce currency exchange rate costs. Featuring strong integration with popular payment gateways, CashPay also allows merchants to process bank transfers as part of their payment options offered to customers.

Media Contact:
Ms Irene Brime

Product Enquiries:

About CashRun Pte Ltd

CashRun was established in 2007 with the objective of supporting businesses' needs for effective and   More.. affordable online payment solutions. Since establishment, CashRun has had tremendous success with key industries that are sensitive towards fraud, and continue to be at the forefront for solutions centering around online e-commerce. With strong global presence and partnerships, CashRun supports businesses to develop firmly their core competencies, protect as well as maximize their revenues and growth, and minimize the risks credit card fraud presents to their operations.Less..

Contact Information

CashRun Pte Ltd
Irene Birme
21 Bukit Batok Crescent, #16-78 WCEGA Tower
Phone : +6565693686

Published in:


Published On:

February 21, 2011

Print Release:

Print Release

If you have questions regarding information in this press release contact the company listed above. is a press release service and not the author of this press release.The information that is on or available through this site is for informational purposes only and speaks only as of the particular date or dates of that information. As some companies and PR Agencies submit their press releases once per week,month or quarter, make sure to check the official company website for accurate release dates as our site displays the press release distribution date only.We do not guarantee the accuracy or completeness of information on or available through this site, and we are not responsible for or omissions in that information or for actions taken in reliance on that information.

Related Releases

Samsung Galaxy S5 Vs HTC One (M8)
Of all comparisons between Android smartphones that we do each year, this one is among the most interesting ones, as it pits the best of two of the most prominent rivals on the market against each other.

New Phones Coming Out
More often than not we get uninterested in the same cellular telephone handset that individuals have owned for years. Technology is ever-changing and newer cellphones are quit on the market with

Amazon Decided to Release Smartphone Inc. is preparing to release a smartphone in the second half of this year, according to people briefed on the company's plans, part of a broad push into hardware that would pit it against Apple Inc. and Samsung Electronics Co.

Voxvalley Technologies 2013-2014 Fiscal Year Summary
The 2013-2014 fiscal year for Voxvalley ends on a positive note

Satco Communication Announces VSAT Inexpensive Telephone Calls
Satco Communications, based in Norway, has announced the introduction of a telephony service based on VSAT (Very Small Aperture Terminal) technology.