PaySett Corporation, a global provider of ePayment solutions and JMMB Group, is expanding their partnership to drive up electronic payments adoption in Trinidad and Tobago.
The Atlanta-based company provides products/services to assist global financial entities to effectively manage the way money moves throughout their organizations and for their customers.
"PaySett's market-proven PayBank payments solution will contribute to the growth of electronic payments in Trinidad and Tobago," the company said in a statement.
PaySett’s market-proven PayBank payments solution will contribute to the growth of electronic payments in Trinidad and Tobago"
PayBank is part of a suite of products from PaySett that allows for the processing of both consumer and corporate payments in a real-time or batch environment.
"Regional financial institutions like JMMB rely on PayBank to process a large volume of electronic payments from multiple banking channels which creates efficiencies that reduce operational costs while providing more innovative services to their customer base," Jesus Garcia, vice president of Business Development, said.
PaySett's two decades of experience moving payments through national and international payment networks has allowed for the development of advance payment software for assisting global banks with the capability to enhance their regional and global payment network processing capabilities. Fifteen of the top twenty global banks process payments through PaySett software, according to the company.