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How they describe themselves: PaySimple simplifies the way small businesses bill and collect payments and empowers them with technology to make their business more efficient. The cloud-based accounts receivable automation solution includes support for multiple payment types, across multiple payment channels (mobile, web, recurring, and invoice) all integrated with customer management. PaySimple also offers custom-branded programs for large enterprises looking to provide value-added solutions to their small business members. Partners in market today include American Express, JP Morgan Chase, Western Union, Jack Henry, ADP and Vantiv.

How they describe their product/innovation: Late payments and business growth challenges continue to plague small businesses. PaySimple has recently launched a get paid faster while you grow your business feature set. This new innovation ensures small businesses get paid faster through simple automation of early payment incentives and late payment penalties. In addition, the innovative features promote business growth by driving social engagement as a natural extension of the payments flow. The social features help businesses grow their social following and improve their online review presence to retain active customer engagements and become a more attractive option to new potential customers.

Contacts:

Bus. Dev.: David Sharp, VP Business Development, dsharp@paysimple.com, (720) 544-6130
Press: Jenae Wiegert, VP Product, jwiegert@paysimple.com, (614) 216-5561
Sales: Kevin Brown, VP Customer Acquisition, kbrown@paysimple.com, (303) 928-8564