Pay2Day Solutions, Inc. (Authvia), a payment authentication company, announced it has finalized a $7 million Series A financing led by Red Door Capital Partners, an independent private equity firm. The funding is already being put to use to help Authvia expand its partner networks and sales and marketing initiatives. Authvia’s unique text-to-pay technology (“TXT2PAY®”) allows businesses to request and accept payments via text and other digital messaging channels, accelerate cash flow, reduce PCI risk, and protect data while providing a smooth mobile payment experience. TXT2PAY is available through updated APIs, Authvia Portal, Authvia for Salesforce, and/or connecting their own payment and messaging partners, using any of the over 200 certified payment processors, gateways, SMS, and messaging providers in the Authvia network. Consumers may pay with a simple text message any time they receive an invoice or payment request due to Authvia’s unique multi-processor, multi-merchant wallet technology, which stores and encrypts credit, debit, and ACH credentials.
Conversational Commerce Leader Authvia Closes $7 Million Series A Financing
