|By Business Wire||
|September 23, 2016 06:40 AM EDT|
linked2pay, the platform provider of Bank Centric Payments, announced today that they have added bank integrated same-day ACH payments to their platform. Now their bank, acquirer and ISO partners can offer this new and highly anticipated same-day payment option to merchants in a seamless manner side-by-side with card acceptance.
This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160923005054/en/
Includes a simple balance confirmation prior to sending a same-day ACH credit using the 'My Balance' feature. The payment can be sent by email or via Virtual Terminal. (Graphic: Business Wire)
According to Richard McShirley, CMO of linked2pay, the advent of same-day ACH offers businesses a marked improvement in funding speed. "Our bank integrated approach enables us to apply more user friendly and efficient options and features for merchants which also benefit our bank and ISO partners."
Same-Day ACH features include:
- Pin protection that limits access or use of same-day ACH
- A balance confirmation prior to sending the ACH credit
- A 'My Balance' feature shows a real-time balance and option to add funds
- Send payment via email or Virtual Terminal (up to $25,000.00 per transaction)
"The business applications for faster ACH payments are many and will only increase as we move through the phases of service delivery mapped out by NACHA for 2016 and beyond. As we look at our solutions development road map, our ISO partners and their merchants gain a real benefit by having access to the bank centric delivery of payment solutions," adds Bart Murphy, Executive Vice President of Commercial Banking, Avidia Bank.
If you are interested in learning more, the company provides the following sites to provide information to banks, credit unions, acquirers and ISOs:
As a payments technology platform, linked2pay® provides services to deliver ACH, credit card and check payments automation. The company provides payment processing solutions for clients, banks, and channel partners. As the originator of Bank Centric Payments, linked2pay positions banks and their resellers at the center of innovation. The Company launched the first On-Demand check processing platform in 2002 and is a Gold Medal Winner for ACH innovation. Visit linked2pay.com for further details.
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.
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