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EWise appoints John France MD, European payments division

21 October 2010  |  4084 views  |  0 Source: eWise

EWise, a global provider of online payments and personal financial management solutions, today announced that John France has been appointed as Managing Director of the eWise European Payments Division, based in the UK.

John France was formerly Head of Processing Sales for Visa Europe where his exposure across the entire payments value chain enabled him to understand the various stakeholder models and value propositions associated with B2C and B2B payments. Prior to Visa, John held senior sales roles with ACI Worldwide and Nomad.

John France says “After over 20 years experience in the payments industry, I am excited to join the eWise team to deliver real online payments innovation in response to the inherent security, adoption and cost issues associated with more traditional online payment methods. eWise is establishing a new alternative online payments solution that will address the increasing demand by consumers for a simple and secure payment option as ecommerce volumes continue to grow."

eWise is partnering with VocaLink, the international payments specialists to introduce a new, safer and more secure online payments solution to the UK. The eWise Online Banking ePayments (OBeP) network, unlike other alternative payment options, keeps financial institutions in the primary position of the payment chain, allowing them to protect and regain revenue being lost to alternative payment providers while leveraging existing online banking infrastructure. By utilising VocaLink's Immediate Payments platform in partnership with the eWise OBeP network, financial institutions will also benefit from a service that provides real-time consumer authentication, validation of sufficient funds and a guaranteed payment to the merchant.

"eWise is going through a significant growth phase and we are delighted to have a payments veteran such as John France on board to lead our expansion into the UK online payments market. eWise is transforming alternative payments with Online Banking ePayments networks that provide a win-win for consumers and the payments industry,” explains eWise Founder & CEO, Alex Grinberg.

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