Avidia Bank has partnered with linked2pay, a provider of ACH and credit card payment solutions, to deliver its business payment solutions Avidia Pay.
Avidia Pay is a Bank Centric Payments platform, which improves process control and solution technology for a bank, their partners and merchants, according to linked2pay.
The platform will enable the Hudson, Massachusetts-based to provision feature-packed payment (card and ACH) solutions out to other banks, associations, ISOs & merchants (SMB and enterprise) in a harmonized fashion.
Avidia Bank president and CEO Mark R. O’Connell said: "With Avidia Pay, we offer innovative solutions that are ideal for organizations looking to instantly improve their payment acceptance. And at the same time we empower our ISO partner network by giving them better merchant solutions from end-to-end."
The platform’s administration tools include registration approval, risk management, limit controls, and termination, which can be managed by the bank and approved partners through an intuitive interface.
In addition, the solution boasts of a full library of APIs, offering the bank and associated partners with building block approach when providing payment process automation.