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September 26, 2018

paycosmos introduces turnkey payments platform ‘ISO in a Box’

paycosmos has introduced a new turnkey payments platform, called ‘ISO in a Box’, which is powered by linked2pay.

The newly launched payments platform will allow an independent sales organisation (ISO) to sell, register, underwrite, deliver and service merchant accounts eliminating the need to develop and maintain complicated infrastructure.

The platform, which can be white labeled in minutes, will also offer Instant Merchant Settlement to ISOs.

linked2pay CEO Robert McShirley said: “The best part of our paycosmos ‘ISO in a Box’ offering is that there is no project, yet the solutions and controls we pass along are cutting edge, innovative and highly flexible.

“As an example ‘ISO in a Box’ includes everything an ISO needs to offer their merchants Instant Merchant Settlements.

“All supported by our API options to produce optimal solutions.”

The platform is capable of gathering merchant data and score results in real-time; optimises portfolio management; as well as configures merchant for card, ACH, RTP, IMS and RDC.

After linking IMS with their terminal and bank account, the merchant can utilise the service in the same way as credit card processing.

A registered ISO/MSP of Avidia Bank in Massachusetts, paycosmos offers conventional point-of-sale terminals, virtual terminals, mobile and invoicing to the businesses. The services enable the merchants to accept payments instantly from anywhere.

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