Do The Banks Affected By Paynet’s Decision To Cut Them Off Have Work Arounds?
DirectInject allows for the processing of bulk payments into CABS accounts, Textacash and co-branded closed card accounts with enhanced security and efficiency. Once the DirectInject application is loaded on your computer, payment files can be prepared and must be saved in *.csv format.
Notification will be sent out to you in the event that a file has failed to run.
DirectInject seems to be a CABS specific service which speaks to the universality offered by Paynet. Standard Chartered is also said to be urging their clients to move to their Straight2Bank platform and whilst that offers payroll services the main issue is still simply the fact that universality offered by Paynet is still a far cry from being achieved.
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