Oxnard, CA – August 6, 2015 - linked2pay, an award winning provider of ACH and credit card payment solutions announced today the launch of Bank Centric Payments™. Initial bank and reselling partners are deploying the solution.
As a white labeled solution platform (SOA) it seamlessly delivers the tools and access layers for banks to easily deploy, provision and manage low cost, feature-packed payment (card and ACH) solutions out to resellers and merchants (SMB and enterprise). The comprehensive administration tools are delivered via an intuitive interface and includes a library of APIs that provide a versatile building block approach for payment process automation.
Merchants can be provided with one or all of these payment options: online forms, mobile, email, virtual terminal, IVR, shopping cart emulation and checkout.
Here are some of the unique aspects of Bank Centric Payments™:
- Rapidly deploys a fully white labeled solution
- Positions bank to underwrite and control access and limits
- On-Off control of solution options by merchant
- Bank control over service levels (options and pricing)
- ACH file delivery to bank as ODFI or third party (ODFI)
- Serves the bank, its resellers, ISVs, and merchants concurrently
- Instant replacement for ‘sunset solutions’
The solution is designed to be an ideal option for financial institutions that prefer the ‘rent’ versus ‘buy or build’ options when it comes to payments technology. Additionally, the ACH innovation is built into more broadly used payment acceptance options, which offers improved retention and growth opportunities for a bank and its affiliated partners and resellers.
“Bank Centric Payments leverages our proven, robust payments platform as a white label with the tools and access layers that make it easy and cost effective for a bank to provision low cost, feature-packed payment (card and ACH) solutions out to resellers and merchants (SMB and enterprise) in a secure and harmonized way. We are pleased to be working with our strong bank and reseller partners to bring Bank Centric Payments to the market," according to Robert McShirley, CEO of linked2pay.
A live demo illustrating how to add Bank Centric Payments™ to your existing web site is available at yourbanksite.com
The solution set for resellers also includes the tools to add and manage sales agents, manage 1099-K data, access integrated billing, maintain branding and more. The linked2pay team also provides sales support (banks and resellers) along with ongoing merchant support in a prime or back-up position.
linked2pay® provides services to deliver ACH, credit card and check payments automation. The company provides payment processing solutions for clients, banks, and channel partners. The linked2pay platform is PCI compliant and the Company has completed audits based on the internationally recognized standard developed by the American Institute of Certified Public Accountants (AICPA). The Company launched the first On-Demand check processing platform in 2002 and is a Gold Medal Winner for Best Innovation Via ACH at The Innovation Project Awards, PYMNTS.com.
Visit www.linked2pay.com for more information and track the latest at #BankCentricPayments
linked2pay: Richard McShirley, (805) 886-0687 or email
Forward-looking Statements: This press release may contain statements of a forward-looking nature which represent our management's beliefs and assumptions concerning future events. Forward-looking statements involve risks, uncertainties and assumptions and are based on information currently available to us. Actual results may differ materially from those expressed in the forward-looking statements due to many factors. We undertake no obligation to update any forward-looking statements to reflect events or circumstances that may arise after the date of this release.