Sarah Jordan

Goodbye Paper Check! B2B Electronic Payments Are Becoming the New Norm

Posted by in Products and Innovation

According to the 2007 AFP Electronic Payments Survey, underwritten by the Electronic Payments Network (EPN), checks are becoming a decreasingly dominant form of business-to-business payment. In 2004, businesses on average made 81 percent of their B2B payments by check. Whereas now, the average has dropped to 74 percent and businesses are increasingly adopting ACH, wire […]

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Sarah Jordan

We’re PaySimple, and We’re Going Green!

Posted by in Products and Innovation

Yep, it’s true. It seems everything under the sun these days is “going green” (even Wal-Mart has). While PaySimple itself promotes saving resources and going paperless for billing and collections, we’ve recently taken simple internal steps to be more environmentally friendly as well. We’ve implemented glass, paper, and plastic recycling bins throughout the office. And […]

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Sarah Jordan

How Big is the ACH Network? Here’s the Answer.

Posted by in Accepting Payments

To give a quick breakdown of the recent Payments 2007 conference hosted by NACHA, The Electronic Payments Association, ACH payments grew by 2 billion transactions across all payment types and totaled almost 16 billion transactions in 2006. The Federal government exceeded 1 billion ACH payments for the first time, and financial institutions originated the remaining […]

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