The eLockNet System allows financial institutions to create direct payment and invoicing connectivity among individuals and businesses performing online and mobile-based transactions.
eLockNet is a single deployment platform with a common user experience facilitating transactions through social network communities such as Facebook, simplifying small business payments collection, mobile transactions capabilities and direct billing functionality.
Further, eLockNet is supported by a fully-integrated platform and facilitates financial transactions in real-time without any personal and financial information being exposed, exchanged or transmitted over the internet.
First State Bank of Bedias vice president of system operations Jody Smith said that the goal in providing this service is to give customers direct payment options that are integrated within their online banking platform provided by IBT.
"eLockNet gives our customers more control over their billing and they no longer have to leave our bank’s site to originate a payment request to someone for a business invoice or simply a personal reimbursement.
"IBT has teamed with SeerGate to provide our small community bank a solution that helps us retain our customer relationships. The integration of the product has been very easy for management and for our staff," Smith said.
