eTranzact PayOutlet™ is a solution designed to allow Merchants collect payments from customers through the branches of eTranzact member banks.
The solution makes it possible for the Merchant to take advantage of the eTranzact network to consolidate collections into a single account from multiple banks. With this facility, merchants can collect money from their customers from any location, and have money value routed into bank accounts specified by them.
In the context of the PayOutlet solution, the merchant can be a service firm, a sales outfit, or even a church organization that has a wide network of branches throughout a city. The merchant can also be a government agency that needs to manage collection for public services. Using the PayOutlet platform, the objective of the merchant will be to accept payment using a wide distribution network of collection centers.