Odyssey Merchant Services Announces New Services For Financial Institutions

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Odyssey Merchant Services offers services to address the unique needs of community financial institutions: tokenized branch cash advance processing, consumer loan payment services, and deposit account funding services.

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Odyssey Merchant Services (OMS), a division of T.K.Keith Company, Inc., today announced three services designed specifically for community banks and credit unions: tokenized branch cash advance processing; consumer loan payment services; and deposit account funding services. Each of these services is designed to address the unique needs of community financial institutions.

Tokenized branch cash advance services delivers secure transaction processing for cash advances done at bank and credit union branches, with the option to utilize OMS-owned POS devices. Consumer loan payment services allows the financial institution to accept payment cards for certain consumer loan payments, which is especially convenient for institutions with a dispersed customer or member base. Deposit account funding services provides merchant account services for banks and credit unions using a technology provider to enable consumers’ opening of deposit accounts via an online product.

“These solutions provide state-of-the-art payment services to community banks and credit unions and are built on the same infrastructure used to provide merchant services to our retail business customers,” stated Ted Keith, President & CEO of Odyssey Merchant Services. “In addition, our focus on service and data security, coupled with our decades of experience serving the community financial institution market via NEBA and Primax, provides us with a unique perspective and appreciation for the needs of this market.”

Mr. Keith also noted that OMS is well-positioned to provide community banks and credit unions a refreshing change in providing outsourced merchant services for their commercial clients, stating “Our service culture and relationship-based approach to business dovetails well with how community banks and credit unions handle their customers and members.”

About Odyssey Merchant Services
Headquartered in Wakefield, Massachusetts, Odyssey Merchant Services (OMS) partners with banks, credit unions and businesses of all sizes throughout the United States to provide the exceptional, customized payment card processing, programs and services that improve the way our clients do business. OMS is dedicated to providing its clients outstanding customer care, state-of-the-art data security solutions and expertise, and all the tools needed for card payment processing success. For more information visit odysseyms.net.

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