ESI Entertainment Systems Inc., a secure payment processing service provider, has announced its subsidiary, Citadel Commerce Corporation, has been selected by St. Minver Ltd., an online operator and white-label solutions provider, to provide Instant Internet Banking.
Instant Internet Banking is a low-cost payment solution that allows international users to pay for items purchased with an online banking account. It employs a white-label interface and a fully automated back-end that supports a large network of international bank accounts, handles foreign currencies and supports international treasury management functions.
“We feel Instant Internet Banking provides an immediate and cost effective international payment solution, which no other payment processor or bank can offer,” said Michael Meeks, Citadel’s president, in a prepared statement.