Secure Vault Payments Announces New Merchant
Apple Vacations has announced that it will add the Secure Vault Payments (SVP) as an additional payment option for online customers. The Automated Clearing House (ACH)-based Internet payments network allows consumers to conduct e-commerce and bill payment transactions without sharing personal account information. SVP will be available to Apple Vacations' customers this summer.
"Apple Vacations is always looking for new ways to make our customers' online experiences more efficient and convenient," said Jeff Mullen, executive vice president at Apple Vacations. "Secure Vault Payments is an excellent alternative payment option that will provide extra security for our valuable customers."
Secure Vault Payments is the only payment option that operates on existing financial institution platforms, provides businesses with real time payment authorization, and offers consumers an online payment choice without sharing any personal account information.
"We are pleased that Apple Vacations is introducing Secure Vault Payments to its customers," said Elliott McEntee, CEO of NACHA. "With more than $600 million in annual online revenue, Apple will provide ample opportunities to create new SVP users. We hope that once Apple's customers use it, SVP's convenience, efficiency and safety will make it their payment option of choice."
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