We’re thrilled to announce our strategic partnership with Radial Inc., a leader in ecommerce fulfillment solutions. Our innovative Pay by Bank solution is now easily accessible to all Radial merchants via our direct integration into the Radial platform. This partnership exemplifies our shared commitment to empowering merchants with innovative payment solutions. Merchants can expect not only significantly reduced payment processing costs, but also enhanced fraud protection and reduced churn. Customers will enjoy an effortless checkout experience and more robust payment security. By joining forces, we can dramatically improve the ecommerce landscape and provide merchants with the tools they need to thrive in today’s competitive market. Both Link Money and Radial will be at Payments MAGnified (Merchant Advisory Group) in Dallas Feb 20 - 23. Come and chat with us there to learn more! #paybybank #openbanking #payments #a2a
Link Money
Financial Services
San Francisco, CA 2,221 followers
Link Money offers low cost, fast, secure payments, powered by open banking
About us
Link Money is revolutionizing payments in the United States with the first Pay by Bank solution focused exclusively on the US market. Our solution harnesses the power of open banking to offer merchants an alternative payment option that is both low-cost and convenient for customers who want to pay using their bank accounts. Link Money makes Pay by Bank as easy as using a credit or debit card while saving merchants up to 70% in payment processing fees. Plus, our proprietary machine-learning process allows us to cover certain return codes and cut down on fraud. Using Link Money is a win-win for merchants and customers.
- Website
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https://info.link.money/pay-by-bank-product
External link for Link Money
- Industry
- Financial Services
- Company size
- 11-50 employees
- Headquarters
- San Francisco, CA
- Type
- Privately Held
- Specialties
- financial services, payments, payment processing, fintech, financial technologies, bank payments, e-commerce, online banking payments, open banking, financial technologies, and pay by bank
Locations
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Primary
San Francisco, CA 94105, US
Employees at Link Money
Updates
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Chase BNPL Update Starting October 10, 2024, Chase will stop allowing its credit cards to be used for third-party BNPL plans like Klarna and AfterPay. This move aims to boost Chase’s own BNPL option, Chase Pay Over Time. Chase is not alone, "other banks are slowly and methodically implementing: pushing customers to their own financial products,” Alex Beene, financial literacy instructor at the University of Tennessee at Martin. It's just a matter of time. It's important for merchants to get ahead of these changes and consider alternatives like adding Pay by Bank to their checkout flows. There's only 1 US provider with over 1600 OAuth connections. Not the biggest, just the best Read more: https://lnkd.in/e6rdJR2U #Chase #BNPL #Fintech #PayByBank #A2APayments #FinancialNews
Chase to Decline Credit Card Payments for Third-Party BNPL Plans
https://www.pymnts.com
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Great read in the The Wall Street Journal, highlighting the rising costs and challenges associated with credit card disputes and chargebacks. These issues pose significant risks for businesses and consumers alike, often leading to financial losses and increased vulnerability to fraud. Did you know? Implementing Pay by Bank can significantly mitigate these risks. By leveraging direct bank transfers, this payment method offers enhanced security, transparency, and cost savings. Benefits of Pay by Bank include: Reduced chargeback risks Lower transaction fees Enhanced security through bank-level authentication It's time to adopt safer, more efficient payment solutions. Let's discuss how Pay by Bank can protect your business and your customers. #Fintech #FraudPrevention #PayByBank #SecurePayments #BusinessSolutions
Reversing a Credit-Card Charge Has Never Been Easier—or More Abused
wsj.com
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An interesting piece from Sophia Noel on how looking at Gen Z's spending habits tells us Pay by Bank will only continue to grow. At Link Money, we're excited to be at the forefront of this shift with our seamless Pay by Bank product offering! Read the full article below! ⬇ #payments #paybybank #openbanking #creditcards
As we see Gen Z swiping credit cards responsibly and Venmoing Amazon, the financial industry will undoubtedly be kept on their toes for years to come. I am excited to see companies like Link Money in my favorite checkout flows, bringing much needed change to the payments landscape in the US. If you're curious about Gen Z's swiping trends, check out this article I wrote:
Gen Z Paving the way for Pay by Bank (& Baggy Jeans)
Sophia Noel on LinkedIn
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🌟 Why Pay by Bank is Winning Over BNPL! 🌟 In the latest analysis by The Banker, Pay by Bank has emerged as the preferred choice for both consumers and merchants, outshining Buy Now, Pay Later (BNPL) options. Read the full article to understand the key factors driving this shift and what it means for the future of payments. #Fintech #Payments #PayByBank #BNPL #ConsumerTrends #MerchantServices
‘Pay-by-bank’ beats BNPL in consumer and merchant preference
thebanker.com
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We’re excited to be recognized by Global FinTech Series as a leading Pay by Bank provider in the US! As we continue to innovate and integrate our technology with prominent merchants, we're committed to leading the charge in transforming the future of payment technology. Stay tuned to watch us grow in 2024! 🚀 #Payments #FinTech #PayByBank #OpenBanking
We are already seeing pay by bank providers in the checkout flows of prominent merchants and expect to see increased traction from the top providers by the end of this year. The technology behind the product will be a key differentiator for who will become the market leader. https://lnkd.in/dW9d-z-K #2024Trends #blockchain #banking #futuretechnology #financetechnology Link Money
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A heartfelt thank you to Mastercard for their continued support. We're thrilled to be featured in their latest article on scaling Open Banking to drive FinTech innovation and enable consumer choice. Our CEO, Eric Shoykhet, captures our vision: “Link Money envisions a future where open banking can democratize financial services, providing consumers with more control over their financial data and offering more cost-effective payment options.” #OpenBanking #Fintech #Payments #LinkMoney #Mastercard #PaybyBank
Scaling open banking to unlock fintech innovation and enable choice
mastercard.com
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Insights from Money20/20 Europe show Open Banking payments are on the verge of rapid growth. Key Money 20/20 Europe Open Banking talking points and takeaways for the US: • Robust Security: Implementing strong risk and liability frameworks 🛡️ • New Use Cases: Expanding to account funding and bill payments 📈 Focusing on the overall experience will drive the next wave of growth. At Link Money, we're leveraging Open Banking to power secure and efficient Pay by Bank payments. We're committed to pushing the boundaries of what's possible with Pay by Bank. Let's keep the momentum going! #paybybank #money2020 #openbanking #payments
AI And Open Banking Payments Dominate Money20/20 Europe 2024
https://www.forrester.com
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Last week, we took a break from our daily routines to engage in some fun and exciting team bonding activities! An hour filled with trivia, small team games, and lots of laughter brought everyone together, showcasing their creativity and building stronger connections. Team spirit and collaboration are at the heart of what we do, and events like these remind us of the incredible talent and camaraderie within our team. #TeamBonding #CompanyCulture #LunaPark #TeamWork #EmployeeEngagement #WorkHardPlayHard
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The open banking wave is reshaping the financial landscape in the US, empowering consumers with enhanced control over their data and driving innovation through seamless API integration. With increasing regulatory support and advanced security measures, both banks and FinTechs are gaining a competitive edge. PYMNTS explains how open banking is transforming how we manage and interact with our finances! #OpenBanking #FinTech #Innovation #Finance
5 Things to Watch as Open Banking Gains Ground in the US
https://www.pymnts.com