Anchor will benefit from lower processing fees and enhanced fraud prevention, while consumers obtain a secure payment alternative
SAN FRANCISCO, Sept. 18, 2024 /PRNewswire-PRWeb/ -- Link Financial Technologies, Inc. (dba Link Money), a leading open banking payments platform in the U.S., today announced that it has joined forces with Anchor Operating System, a prominent player in the ticketing industry. This partnership introduces Link Money's Pay by Bank solution to Anchor's ticketing services.
With this integration, Anchor will give its clients the option to allow customers to pay for tickets directly from their U.S. bank accounts using Link Money's Pay by Bank technology. This payment method reduces processing fees, mitigates fraud for Anchor clients and offers consumers a secure, streamlined payment alternative.
"By implementing our Pay by Bank solution, Anchor can offer customers frictionless payments while improving merchant profitability. Pay by Bank delivers significantly lower processing costs at card-like conversion rates with less fraud. We're excited to partner with leading enterprise merchants to drive down the excessive cost of payments in the U.S.," said Eric Shoykhet, Link Money CEO.
For more information, visit https://www.link.money/ or email [email protected].
About Link Money: Link Money offers rapid and secure payment solutions, featuring the Pay by Bank product that allows consumers to make payments directly from their bank accounts. This method delivers a secure, frictionless, and debt-free payment option, while also providing merchants with lower fees and reduced fraud compared to traditional payment methods.
About Anchor Operating System: Anchor is an all-in-one ticketing and operating system designed to innovate the industry. It is a cloud-based control panel that manages the integration of third-party partners, ingestion of all data and production of centralized solutions. Anchor Operating System is proud to power industry leaders such as NYC Ferry, Statue of Liberty, Alcatraz and more.
Media Contact
Lauren Schiffman, Link Money, 1 415-684-8080, [email protected], https://www.link.money/
SOURCE Link Money
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