Expanding Possibilities: Arix Welcomes Wires and Card Payment Rails to the Family!
Arix is thrilled to introduce two new rails to our collection, bringing our total to eight!
- Wires Rail: Effortlessly wire funds directly through Arix. Pricing will remain the same if you are using wires through COS today.
- Card Payment Rail: The Card Payment Rail allows you to send funds directly to credit cards. This can be used as a failover for RPPS rail for covering a wider network, or a stand-alone rail.
These rails can be utilized through the Arix APIs, just like one would call the other payment rails.
The wide range of payment rails wasn’t always available directly in Arix. Workaround solutions were found by using the XPay rail for internal transfers and then sending funds from your account using another payment method.
It's time to ditch the two-step solution.
Here's why:
- Efficiency Matters The two-step process introduces unnecessary complexity and increases the chances of errors. Direct wiring and card payment rails from Arix simplifies transactions, reducing manual reconciliations and potential failures.
- Capture Every Loan Funding Event With Arix APIs, loan funding events can be seamlessly captured in one step, and in one system. No need to juggle between different systems, Arix ensures a comprehensive record of all your loan disbursements.
Upgrade your loan processing experience with ArixWires and Card Payment Rails. Explore the possibilities of these new additions, now totaling eight rails in our comprehensive system.
Curious about how to sign up or want to explore these new features further? Reach out to your dedicated relationship manager today. They're here to guide you through the seamless integration of these rails into your loan operations.
