INSTANT MERCHANT SETTLEMENT (IMS)
linked2pay deployed Instant merchant settlement to paycosmos in Fall of 2018
Our patent pending process enables acquirers to offer a settlement option that will fund a merchant in 1 second, 24/7 365 and it works on holidays as well.
linked2pay is proud to provide Avidia Bank with Instant Merchant Settlement beginning summer 2019. Avidia Bank was recognized by FIS in the 2019 Impact Awards for Instant Merchant Settlement to help merchant customers enhance liquidity, while also providing the bank with a new source of fee income.
linked2pay enables Heartland Payment Systems' instant deposit, coming to market fall 2019.
INSTANT DEBIT CARD OWNER AUTHENTICATION
Securely delivering faster payments
Confirming the real owner of a debit card is critical in the enrollment process for secure, faster payments. Our patent pending method completes that task instantly to mitigate fraud. If you are interested contact us to learn more...
FASTER PAYMENTS MADE EASY
When the payment needs to happen NOW
This enables partners on the platform to offer Real-Time Payments as their own fully integrated, white-labeled solution.
Example applications for real-time funds transfer include: corporate disbursements for contractors & services, insurance claim payouts to providers, commission & reward disbursements, account to account transfers, loan disbursements, and Business to Consumer (B2C) payments or funds transfers.
Same Day ACH with award-winning delivery
Merchants want faster low cost payments
We make it easy to offer your merchants Same Day ACH (credits and debits) in a way that assures a secure, high-quality delivery of this lower cost payments option.
It starts with our merchant online registration which includes Same Day ACH as an option. A 'My Balance' feature provides confirmation prior to sending an ACH credit. You can send a payment via email or through virtual terminal (up to $25,000.00 per transaction). Security features include pin protection that limits access or use of Same Day ACH feature.
AUTOMATED UNDERWRITING AND ON-BOARDING:
Avidia Bank has been a user of linked2pay to enable on-boarding and underwriting for merchants and partners since 2015
As a merchant registers online their information is validated; if they score in accordance with the automated acceptance criteria (set by the ODFI) they are approved and on-boarded. This level of service reflects positively on our partners by delivering a more convenient experience for merchants.
Merchants that score below the automated acceptance criteria set by the ODFI will be prompted to provide additional information, still in a paperless manner.