Atlanta, Ga (PRWEB) July 31, 2015
Acculynk, a unique technology driven payment solutions provider, today announced that it has partnered with TouchPay Holdings, LLC, a wholly owned subsidiary of Global Tel*Link Corporation (GTL) and a leader in providing turnkey payment and kiosk platforms for government agencies in the fields of corrections, courts, child support, utilities, and parole and probation. In this relationship, Acculynk will provide its omni-channel online bill payment solution for municipalities and utilities and TouchPay will provide a premise based solution, specifically a self-service payment Kiosk. This joint solution will target both parties’ installed client bases, when appropriate, as well as prospective new clients, and will offer all payment types including Cash, Credit, Debit, Internet PIN Debit, PIN-less debit and ACH.
Acculynk’s PayGov division has seen remarkable success in a short period of time by offering innovative technology solutions, such as its proprietary internet PIN Debit solution, as well as PIN-less debit to governmental agencies. Specifically, Acculynk’s PIN Debit solution is especially impactful for municipalities and utilities that have a higher concentration of residents that utilize debit cards as a primary means for transacting (i.e., the unbanked and underbanked and more security conscious), as well as municipalities and utilities looking to reduce fraud and chargebacks. By catering to the underbanked and security conscious, these products have helped increase on-line payment adoption for Acculynk’s customers. By now offering TouchPay’s leading edge self-service Kiosks, underbanked clients, as well as other customers can now make payments directly at the customer premise using state-of-the-art hardware and software that is directly integrated with Acculynk’s payment platform.
“TouchPay is a sophisticated, fully automated platform that combines well with our innovative payment solutions,” said Monish Bahl, SVP Business Development. “We believe the partnership between Acculynk and TouchPay will be meaningful and beneficial to all stakeholders, especially government agency customers.”
“This partnership addresses a specific market need whereby government agencies are looking to provide additional payment options to customers both online and at point of sale,” said Dan Burgess, Senior Vice President of Business Development at GTL. “We believe that Acculynk is a great partner for us as they are a technology leader in their field, like us, that focuses on the cash-preferred and underbanked community. Together we will deliver an attractive value proposition to existing and new clients.”
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Acculynk secures online transactions with a suite of software-only services backed by a patented authentication and encryption framework that provides greater security for issuers, EFT networks, merchants and payment processors. Acculynk’s PaySecure® utilizes a graphical PIN-pad for the secure entry of a consumer’s PIN online and is available to merchants through existing acquirer relationships, enabling speedy implementation. PaySecure is currently enabled on over 6,000 merchant websites. Acculynk has partnerships with 11 EFT networks to process PaySecure transactions and with six leading payment processors, and is certified with PULSE, First Data and Master Card, among other key industry leaders.
Acculynk’s PayGov Platform is an omni-channel online bill payment solution for municipalities and utilities which includes mobile, Web, point of sale and IVR. These channels uniquely support Acculynk’s internet PIN debit solution – PaySecure®, as well as credit card, signature debit, PINless debit, government issued debit cards, pre-paid cards and ACH (e-check). Acculynk’s PaySecure® solution uniquely permits PIN enabled debit card users to enter their PIN for e- and m- commerce, ensuring a second layer of authentication and a more secure transaction - resulting in increased electronic payment adoption.
For more information visit http://www.acculynk.com.
GM, Municipal Solutions