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Paysafe streamlines US SME payments with SimplyPayMe

Source: Paysafe

Paysafe (NYSE: PSFE), a leading specialized payments platform, today announced a new integrated payments partnership with SimplyPayMe, the global provider of payments technology and infrastructure.

SimplyPayMe’s flagship mobile payments, invoicing, and simple business management solution has plugged into Paysafe to enable frictionless, contact-free card as well as ACH payments for small and mid-sized businesses (SMBs) across the U.S.

Against the backdrop of the ongoing COVID-19 pandemic, SimplyPayMe’s iOS and Android mobile apps empower American tradespeople such as plumbers, electricians, gardeners and other SMBs to meet consumer demand for safe and secure digital payments. SimplyPayMe will now leverage Paysafe’s best-in-breed payment gateway for its apps, enabling frictionless payment processing of in-person and online credit and debit card payments as well as ACH, or direct, payments.

With Paysafe’s Q2 2020 research revealing that 59% of Americans are now happier using contactless card payments than pre-pandemic, the SimplyPayMe app allows in-person payments where card details are simply scanned into the app on the merchant’s smart phone before Paysafe seamlessly processes the transaction. ACH payments between the customer and merchant are also supported.

With no additional hardware necessary, SMBs will benefit from a fully cloud-based solution that features instant onboarding for merchants through an automated process allowing customer payments to be accepted within seconds of the app being installed. SimplyPayMe also supports card-not-present payments whereby the SMB merchant emails their customer a secure payment link, or PayLink. The online transaction is again processed through Paysafe’s gateway.

Beyond payments, SimplyPayMe is also a simple customer relationship management (CRM) tool. The app enables tradespeople and other SMBs to produce, submit and manage invoices (including automated invoice reminders), as well as create quick quotes for customers, and generate reports to track transactions and manage their overall business.

To further its support to the small business community, SimplyPayMe is a proud partner of the Mastercard® Digital Doors™ program, an always-on resource that provides the guidance, tools and solutions to help small businesses digitally enhance and grow their business.

Carla Erlick, Senior Vice President, ISV Channel at Paysafe, said: “Promoting financial inclusion and empowering smaller businesses through digital payments is a central ethos of Paysafe, so we’re delighted to partner with like-minded software providers like SimplyPayMe. We look forward to helping American SMBs streamline digital payments for themselves and their customers during our current ‘new normal’ and beyond.”

Kent Vorland, CEO at SimplyPayMe, commented: “Since the inception of SimplyPayMe, we have been working to promote financial health and inclusion for SMBs everywhere. In the last year, a big part of this has been working with the innovative teams over at Mastercard on how to best address the daily struggles of getting paid by customers and managing invoices. Paysafe has the know-how, technology, and solution-oriented approach for this to be a great success and bring value to small business owners across North America.”

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