A payment expert will be on hand at the PacNet booth, ready to confer with online lenders regarding both international and domestic payment solutions. “PacNet provides a wide range of both inbound and outbound processing services to the payday loans industry. With PacNet, companies can provide loan advances through UK Faster Payments and other locally relevant payment facilities, and accept repayment by debit card and direct debit. There is no need to open new bank accounts, or ever deal with the banks at all.” states Brian Weekes, VP of Business Development, Europe, for PacNet Services. “Clients will also benefit from our decades of experience when navigating the new regulatory framework”.
Established in 1994, the BCCA is the trade association for businesses providing unsecured short term loans, such as payday loans, and/or third party cheque cashing services. Their years of industry experience are extended to their 800 plus membership, including delivering information in a timely fashion, offer training courses to ensure that companies are up to date with the latest regulatory changes and providing advice and support.