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AccessPay Announces New Strategic Partnership With R. Raphael & Sons Plc

LONDON, February 13, 2014 /PRNewswire/ --

AccessPay is delighted to announce their strategic partnership with R. Raphael & Sons Plc.

The partnership offers corporates and financial institutions cloud-based payments and direct debit management solutions - all without the end-user having to run any software on their own premises. These fully automated solutions represent a major technological advance for the Prepaid and Agency Banking industry.

This exciting, technology-led partnership adds value to Raphaels Bank's Bacs, Direct Debit Management, Faster Payments, SEPA and SWIFT International payment propositions, as well as cementing both companies' reputation for banking innovation and expertise.

A partnership that benefits customers

Raphaels Bank customers can now access the AccessPay cloud-based solution online and enjoy the benefits of strong user access management, advanced authentication at login and extended operational traceability. The platform also provides the highest level of security and stability for its users.

The partnership allows prepaid card companies and businesses with agency banking status to offer a richer and more holistic banking experience to their clients; including internet banking, electronic payments and online Direct Debit management.

A shared vision of excellence

AccessPay CEO Ali Moiyed states, "The partnership with Raphaels Bank represents another landmark in AccessPay's vision to deliver leading edge technology and the best customer service to the UK and International Banking community."

Ali adds, "The Raphaels brand is synonymous with the core values of quality and first class customer care, echoing our own company ethos. We are delighted and very proud to be working with them on our innovative end-to-end electronic payment solutions, and look forward to a successful and long-lasting partnership."

Andrew Downs, General Manager at R. Raphael & Sons Plc, adds, "We are excited to add AccessPay's innovation and technology to our client offering. The relationship with AccessPay reinforces our commitment to drive efficiency gains and support new avenues of growth for our existing and prospective business partners."

About AccessPay

AccessPay is at the forefront of innovation in payments, using cloud-based technology to provide efficient, affordable and fully compliant solutions for Bacs, Direct Debit Management, SWIFT, Faster Payments, SEPA, HMRC RTI and Multi-Bank Cash Management.

For more information about AccessPay, visit http://www.accesspay.com

Contact:

Akanksha Gupta
+44(0)2032827152
[email protected]

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