Have you ever slowed down to ask what comprises the cost of accepting a card, better known as the Discount Rate? Why does this cost vary from one transaction to the next? To understand best, I encourage you to step into the shoes of your valued customer, the consumer. The average American carries 4-5 bank […]Read More »
There is a line in the middle of everything we do, in the middle of every decision, in the middle of every action. The line is really a question: Is this selfless or selfish? It is my belief that all selfless actions ultimately yield the highest of selfish returns. We are by nature selfish beings, […]Read More »
In our pursuit to unite business policies with green policies, we’re going beyond simply using public transit, biking to work, and recycling our green tea bottles, which we do anyway. One of our foremost aspirations at PaySimple is to simplify billing processes and empower small businesses to succeed. Taking that a step further, when small […]Read More »
I recently read an article that compared Entrepreneurs to Artists. Potentially a bit self serving as an Entrepreneur, I immediately gravitated to the message of the comparison. Although I always felt like a creator and knew my business creations had the potential to touch lives, it was the first time I had seen such a comparison, and to be honest, it did serve to provide me some internal validation that my daily activities were much nobler than just “going to work”.
In our society we often look at creative fields—such as artists, authors, actors—with a kind of reverence that these people created something beautiful out of nothing. They take a blank canvas, blank pages, or simply lines and make them come alive. By the way, I am one of the many that hold such pursuits in high esteem, as I get to enjoy their passionate creation along with everyone else they are able to touch.
Can Entrepreneurs really be looked at in the same light? Absolutely!Read More »
How this electronic payments provider can relate to small business All businesses, large, small and everywhere in between, started somewhere. YouTube started with three guys in a garage, Facebook was developed in a college dorm room, and Nordstrom took more than a few years to grow from family business into one of the most recognized […]Read More »
It seems we’re always hearing some pundit or other forecast of the demise of a familiar piece of our lives as a result of a “new technology.” These forecasts are sometimes extremely shortsighted and never come to fruition (think Radio) or so much on target that we wonder why it took us so long to […]Read More »
Have you had your PayPal account frozen? Don’t worry, it happens to a lot of clients. If you’ve started looking for an alternative to PayPal, we’re here to help. Since we provide a payment processing service, quite a few of our customers come to us seeking an alternative to PayPal, expressing complaints about high prices, […]Read More »
As most of us are smack in the middle of our first full workweek after the holidays and we’re re-energized and back in the swing of things, I’d like to take a moment to recap some important industry events of last year. Here are a few of the milestones, scares, and trendsetters from 2007: Studies […]Read More »
The Federal Reserve released Monday their 2007 Payments Study which covers 2003 to 2006 and found that all types of electronic payments grew while paper check payments decreased. The annual use of debit cards increased by about 10 billion payments, surpassing credit cards as the most frequently used payment type. The number of Automated Clearinghouse […]Read More »
Are you ready for another busy holiday season this year? The slow summer months are just ahead of us, but after that it’s busy season. Get ready! The holiday season can either be your busiest or your slowest time of the year. Help prepare for this season by following these simple tips: Watch your cash […]Read More »