MobiLend, a US-based digital lender, has incorporated Acculynk’s real time disbursement platform, Payzur Direct-to-Debit, into its mobile app.
The integration will allow MobiLend customers to receive funds directly to a debit card in near real time.
Additionally, the platform enables MobiLend’s customers to access their funds within seconds, allowing them to quickly pay bills, make everyday purchases or withdraw cash.
Acculynk said that consumers will be able to avoid funding delays by using MobiLend and by choosing debit as the payout option.
MobiLend CFO Valentin Gasparyan said: "Acculynk’s debit disbursement solution is on the leading edge of innovation and cost efficiency. This gives us a leg up on the competition, but more importantly gives our borrowers a leg up on satisfying their financial needs."
CTO Amit Saxena said: "Acculynk has enabled MobiLend to quickly initiate financial transactions with a fluent REST API . The convenience however does not compromise flexibility in the different types of financial transactions that can be made."