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PaySimple online payment system

PaySimple
http://www.paysimple.com

Updated on October 21, 2009
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General Information

It all started on a balmy Spring day in 2005.  Looking at the multi-family housing market, serial entrepreneurs Eric Remer (CEO) and Allen Wolff (Co-founder & CFO) saw a critical need to help property managers and owners automate the collection of monthly rent payments.  With existing distribution to the multi-family housing community from their current company, Eric and Allen believed they could create a compelling business and value proposition within the electronic payment space for recurring rent collection.  So, they set out to find a solution for these property managers and owners.

The market was fragmented and solutions were still developing their “hooks” for the owners.  Through calls, research, and diligence, it quickly became clear that service businesses across all industries could benefit from an automated payment solution. 

The market seemed limitless as there was a huge void in the marketplace for a payment solution designed specifically for the small business community.  Solutions that did exist were expensive to implement, complicated to set up, and simply not meant for a workforce of fewer than fifty.  If a service was created to truly simplify the way small businesses collect payments, it would empower them to both embrace electronic payments and run their businesses more efficiently.  This would give the small business owner more time to focus on their true passion:  growing their business.  What a powerful proposition and opportunity!

Since that day, PaySimple has strived to create:

  • Distribution that allows small businesses to find the PaySimple Solution via channels such as the Internet and industry partners. Products that bridge the gap for small business owners and enable them to simplify their businesses and their lives through automation technology (something large companies have been doing for decades).
  • An environment that fosters a platform for growth and opportunity for our team members, partners, investors, and customers.
  • Advisors that believe in our vision and support our discovery.

In just three years, we have expanded out of three offices in downtown Denver and have finally found a true home on the corner of 17th and Blake Street.    We look forward to stepping up to the opportunities that we continue to create with our powerful energy, driven team members, and supportive environment.  Follow the PaySimple PATHS (Passion, Authenticity, Teamwork, Happiness, and Serivce) with us to extraordinary returns!

Currencies

USD

Users

Small to mid-size businesses

Fees

2.29% + 29¢
Card logos
2.89% + 15¢
eCheck
55¢
eCheck

 

Integration approaches

online,web,wap

Information for developers

 The PaySimple Solution 2.0 API is a full SOAP XML API designed to work with any programming language. It is fully PCI Compliant and designed to securely store your customers' credit card and bank account information.

Recommended steps for integration:
  1. Contact PaySimple and discuss a high-level view of your integration. This is where we help show you what pieces of the API to utilize for your needs.
  2. Request a test/sandbox account for you to use through the development phase of your integration.
  3. Review the below documentation and get any detail you need.
  4. Click the "Show" links provided below to see sample code for each Webservice call
  5. Don't hesitate to contact us if you have any questions or need assistance along the way

Once your integration is complete, you can switch from the test server to the live server and be up and running!

Recent news

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Managing Demographic Payment Changes with the Cloud

Cloud technology has become integral to the payment processing industry, transforming how transactions are conducted across various sectors. Traditional payment processing methods have several challenges, including high costs, slow transaction speeds, and security concerns. Cloud-enabled platforms address these issues by leveraging the power of cloud computing to streamline payment processing, enhance security, and deliver value-added … Continued

The post Managing Demographic Payment Changes with the Cloud appeared first on PaySimple.

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Proactivity in Payments: 7 Tips Merchants Can Use for Higher Conversions

In today’s fast-paced digital economy, merchants and e-commerce platforms must be proactive in their payment strategies to ensure business growth. A well-planned payment approach is not just about accepting money; it’s about enhancing the customer experience, converting first-time shoppers, retaining loyal customers, and doing everything within budgetary constraints. In this article, we’ll explore how to … Continued

The post Proactivity in Payments: 7 Tips Merchants Can Use for Higher Conversions appeared first on PaySimple.

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Posted on October 24, 2023
Understanding Payments: How to Remain Competitive in a Changing Market

The global payments industry is transforming with technological advancements, evolving consumer preferences, and regulatory changes. Based on the insights from the 2023 Global Payments Report by Worldpay from FIS, this article explores the key trends shaping the future of payments, providing a comprehensive understanding of the current landscape. By understanding these trends, small businesses can … Continued

The post Understanding Payments: How to Remain Competitive in a Changing Market appeared first on PaySimple.

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Posted on October 5, 2023
The Finance Revolution: The Rise of Real-Time Payments and the Transformation of the B2B Landscape

The financial world is undergoing a transformation that is redefining the way businesses transact and manage their financial operations. At the heart of this transformation lies Real-Time Payments (RTP), a system that enables the immediate transfer of funds, breaking free from the delays and inefficiencies of traditional payment methods, such as credit cards or paper … Continued

The post The Finance Revolution: The Rise of Real-Time Payments and the Transformation of the B2B Landscape appeared first on PaySimple.

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Posted on September 19, 2023
The Evolution of Customer Loyalty Programs

The post-pandemic world fostered a seismic shift in the payment landscape as businesses and consumers wholeheartedly embraced digital and contactless transactions. This transition, largely due to health precautions and quarantine measures, introduced a new wave of payment modalities, leading to an unprecedented surge in the use of contactless payments, online payments, and digital wallets. In … Continued

The post The Evolution of Customer Loyalty Programs appeared first on PaySimple.

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