Upon implementation of Xfers Direct by the merchant, both merchant and its customers can enjoy the following 3 key benefits:
1. Streamlined user experience
Xfers Direct: Deposit and withdraw funds directly on the merchants’ websites/apps
- Customers will no longer need to access the Xfers’ dashboard when performing a transaction with one of our merchants. Instead, with our merchants adopting our SDK, users can perform deposits and withdrawals directly on the merchant’s website.
- Merchants can expect to receive their funds quickly, 24/7! (*Xfers Direct is built on the FAST network and is subjected to the uptime of this network.)
2. Nationwide Accessibility with over 19 banks accepted (*accurate as of 8th May 2020)
Banks accepted with Xfers Direct and Xfers Wallet (*accurate as of 8th May 2020)
- With over 19 banks accepted for bank transfers, we have significantly lowered the barrier for our merchants and end-customers.
3. Payment acceptance from both Xfers Wallet and Xfers Direct
- Upon implementation of Xfers Direct by merchants, users will have the flexibility of sending funds via two payment methods:
- Xfers Wallet: A digital wallet for your end-users to hold their funds securely with Xfers
- Xfers Direct: Direct bank transfers via the FAST network