Banks and their channel partners that utilize Bank Centric Payments can now include real-time payments among the full array of solutions on the bank integrated technology platform
OXNARD, Calif.–(BUSINESS WIRE)–November 15, 2016–
linked2pay, an award-winning banking and payments technology provider, and Push Payments, a real-time payments platform provider announced today that real-time payments are now an option on the Bank Centric Payments platform. This enables partners on the bank integrated platform to offer both Real-Time and ACH payments, including same day, as their own fully integrated, white-labeled solution.
As there is more and more adoption of faster payments, businesses are looking for the best ways to deploy solutions in a manner that they can easily fold into their organizations. The collaboration of linked2pay and Push Payments gives businesses easier access options to adopt a complete and compliant, bank integrated payment solutions platform.
“We are excited to work with linked2pay as a partner in the delivery of real-time payments. The consolidation of risk-management and payment solutions on the Bank Centric Payments platform is ideal as a host environment. It gives our mutual bank and channel partners an extraordinary Real-Time and ACH value package as they promote faster payments,” says Travis Dulaney, CEO of Push Payments.
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.
“This gives merchants a new feature within a platform they already use for payments. It also gives them control over the speed of a payment based on the type of transaction so that the speed can match the urgency,” according to Richard McShirley, CMO of linked2pay.
About Push Payments
Push Payments is a real-time payments processor located in Fort Lauderdale, Florida, specializing in the immediate transfer of value between a multitude of accounts types. They partner with financial institutions and third party processors to provide them with a real-time payment option as a compliment to the services they already provide to their customers. Push Payments delivers easy-to-implement API solutions that allow their clients to facilitate credit push transactions in seconds, allowing them to be more competitive, experience greater operational efficiency, and include additional data all while providing complete regulatory transparency and compliance.
linked2pay® provides services to deliver ACH, credit card and check payments automation. The company provides payment processing solutions for banks, channel partners, and their clients. As the originator of Bank Centric Payments, linked2pay provides the payments technology platform to put banks and their resellers at the center of innovation. The Company launched the first On-Demand check processing platform in 2002 and is a multiple industry award winner for banking and payments innovation.
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.