EWise
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eWise is an Australian company which started operations in the year 2000. eWise provide two principal services, online payments, and account aggregation. The payment service is similar to the US based PayPal. eWise offices are located in North Sydney, Australia. The account aggregation service is used by Australian based Westpac, and UK based Egg and First Direct.
In February 2006, US based NACHA (represents more than 12,000 financial institutions in the US) approved a pilot to test online payments provided by eWise. With the new service buyers do not need to register and the money is transferred directly from the buyer's bank account into the seller's bank account.
[edit] References
- eWise chosen by Westpac to provide account aggregation
- eWise chosen to provide payment system to NACHA