Paysafe (NYSE: PSFE), a specialized payments platform, announced on Wednesday it has formed a new integrated payments partnership with SimplyPayMe, a payments technology and infrastructure provider. Paysafe reported that SimplyPayMe’s flagship mobile payments, invoicing, and simple business management solution has plugged into its platform to enable contact-free card as well as ACH payments for small and mid-sized businesses (SMBs) across the U.S.
According to Paysafe, 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. Through the collaboration, SimplyPayMe will use Paysafe’s payment gateway for its apps, as well as enabling payment processing of in-person and online credit/debit payments, including ACH or direct payments.
“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.”
While sharing more details about the partnership, Carla Erlick, Senior Vice President, ISV Channel at Paysafe, stated:
“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.”
Kent Vorland, CEO at SimplyPayMe, then added:
“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.”
Founded in 1996, Paysafe claims to be a leading global provider of end-to-end payment solutions. Its core purpose is to enable businesses and consumers to connect and transact seamlessly through industry-leading capabilities in payment processing, digital wallet, and online cash solutions.