Avidia Bank, a $1.2 billion bank headquartered in Hudson, Mass., has deployed Avidia Pay.
The bank, which is serving as an integrated ODFI, is known for providing technology to improve services for their customers.
Avidia Pay is a Bank Centric Payments™ platform powered by linked2pay, an award-winning provider of ACH and credit card payment solutions. This platform provides the tools and access layers to enable Avidia Bank to provision feature-packed payment (card and ACH) solutions out to other banks, associations, ISOs & merchants (SMB and enterprise) in a harmonized fashion.
“With Avidia Pay, we offer innovative solutions that are ideal for organizations looking to instantly improve their payment acceptance,” said Mark R. O’Connell, President and CEO, Avidia Bank. “And at the same time we empower our ISO partner network by giving them better merchant solutions from end-to-end.”
Administration tools include registration approval, risk management, limit controls, termination which the bank and approved partners can manage via an intuitive interface. Also included is a full library of APIs which gives the bank, and all associated partners, a more open and versatile building block approach when providing payment process automation.