A fintech that facilitates ACH payments is leveraging Discover Financial Services’ network to get more consumers on board with paying merchants directly from their checking accounts.
Teaming up with Discover, Atlanta-based digital payments infrastructure platform Buy It Mobility (BIM) Networks is launching BuyPass, which will enable consumers to make direct payments from their checking accounts through merchant apps. Shoppers’ payments run through Automated Clearing House rails to merchants within Discover’s network. The companies announced the launch in a news release Wednesday.
