Challenge: Getting up to speed quickly in a crowded financial services market
The worlds of lending, money services businesses, brokerages and payroll are increasingly driven by convenience, flexibility and speed of funds access. No matter what the industry, customers want access to their funds 24/7. For TabaPay’s clients to remain competitive, they need to keep innovating and move funds quickly, reliably and securely to any debit card, at any time – even outside of banking hours. To meet these needs, TabaPay set out to build a payout option that combines the cost savings of ACH, the guaranteed nature of wire transfers and the speed, coverage and on-demand availability of push-to-debit/pull-from-debit, so their clients could better serve customers with immediate needs.