DENVER, CO, June 4, 2007-PaySimple, an industry-leading provider of payment management solutions for businesses, is pleased to announce it is partnering with Magnum, an e-commerce systems provider for retail and restaurant establishments. Businesses utilizing Magnum E-Commerce Systems for their retail applications can process their ACH direct-debit and credit card transactions through the PaySimple payment gateway without leaving the Magnum system.
Both Magnum and PaySimple focus on automating and simplifying business processes in the Small and Medium Business (SMB) market. Magnum provides systems that organize retail operations in addition to electronically linking internal departments. PaySimple provides a robust online payment gateway that simplifies the entire accounts receivable process with recurring billing, online payments, and easy ACH direct-debit and credit card processing. By partnering, these two companies provide a comprehensive user-friendly system that automates the sales process from inventory management to payment.
"Companies shouldn't have to use multiple software systems for their business processes-it only creates confusion and duplicative efforts," said Michael Yenigues, President of Magnum E-Commerce Systems. "By partnering with PaySimple, our customers will obtain this coveted all-in-one solution and not only benefit from the functionality of our e-commerce systems, but also receive the complete functionality of one of the top payment gateways in the industry."
"PaySimple is thrilled about our partnership with Magnum," said Jeff Gardner, President of PaySimple. "This partnership combines both companies' core competencies into one all-encompassing solution that will provide users of Magnum systems with a fully integrated business management application."
Magnum's product offering includes a variety of systems ranging from e-commerce enabled websites to restaurant POS systems, all of which can be seamlessly integrated with the PaySimple payment gateway. All functionality from the PaySimple gateway-including reporting, recurring billing, and ACH direct-debit and credit card processing-is transferred through to the Magnum system interface. From the interface, a business can automate and manage all of its retail processes with the combined functionality of the two systems.
For more information about PaySimple and its payment processing gateway, visit the company website at http://www.paysimple.com/ or call 800.466.0992. For more information about Magnum e-commerce systems, visit www.magnumbiz.com.