Original Credit Transaction
PAYANYCARD™ & PAYMYCARD™
OCT (Original Credit Transaction) is a payment method that allows the direct transfer of funds directly to Visa, MasterCard or China UnionPay cards. MiFinity facilitates OCTs globally through its fast & secure PayAnyCard™ & PayMyCard™ card solutions.
- Transfer funds electronically to Visa®, Mastercard® or China UnionPay® credit & debit cards worldwide (PAC & PMC)
- Funds can be sent in the preferred currency of the recipient's card (PAC)
- Transfer exact funds electronically to cardholders (PMC)
- Recipient receives funds faster than typical international wire transfers & cheques (PAC & PMC)
- Competitive and fair pricing (PAC & PMC)
- Convenient & flexible
- More reliable
- PAC allows the transfer funds to almost any China UnionPay®, Visa® or MasterCard®
- Transfer funds in the preferred currency of the recipient’s card
- Ability to send funds globally in multiple currencies
- Faster – PayAnyCard® & PayMyCard® transactions normally settle within two business days or less
- Be in full control of your payout flows & settlement schedules
- Send payments cost effectively to employees, clients & suppliers without lengthy processing times
- Competitive transaction fees
Business