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PayItSimple USA Inc. Adds Over 30 New Payment Gateways
Ground-breaking payment solution that lets consumers simply and easily charge any purchase on their existing credit cards and pay them back in monthly, interest free installments can now be offered by over 90% of all merchants in the US
NEW YORK, December 10, 2014 /PRNewswire/ --
PayItSimple, a service that provides instant consumer financing at the point of sale,
today announced that in collaboration with Spreedly, they have completed integration with
an additional 30 payment gateways to provide PayItSimple service to US-based merchants.
With the addition of these gateways, PayItSimple is now integrated with approximately 70%
of all payment gateways in the United States.
PayItSimple's patented technology enables merchants to offer secure consumer credit
using the consumer's existing credit card, with no greater risk than they have with
ordinary credit card transactions. Installment transactions are automatically scheduled,
generated, authorized and collected on the customer's existing credit card via
PayItSimple's cloud-based, patent-protected platform. For merchants, having this
additional payment option can mean increased conversion rates, higher average tickets,
increased customer satisfaction and reduced barriers to purchase. Consumers gain instant,
interest-free monthly payments, better expense management and no credit applications or
qualifications for new credit lines while continuing to enjoy all of their existing card
benefits, such as cash back, mileage, points, etc.
"By pre-integrating with most payment gateways in the US, PayItSimple can quickly and
easily onboard any ecommerce or brick & mortar merchant without having to open a new
merchant account," said PayItSimple Vice President of Product, Eric Benayoun. "So
merchants interested in offering PayItSimple to their customers can be up and running in a
matter of days."
"We welcomed the chance to work with PayItSimple and reduce their development time
from 2 years down to just 1 month," said Spreedly CEO Justin Benson. "Our uniform API
allows us to connect to a broad set of global payment gateways via a single integration,
providing our customers with unparalleled time to market efficiency and reliability."
About Spreedly
Spreedly removes friction and creates new commerce capabilities by allowing merchants
and platforms to securely store credit cards and create a universal token that can be sent
to more than 90 payment gateways or unique third party order API's in over 80 countries.
http://www.spreedly.com
About PayItSimple
PayItSimple is revolutionizing the credit card industry by extending the ability to
offer interest-free consumer credit with securitization, just like a regular credit card
transaction, to all sizes of merchants/retailers. PayItSimple USA Inc. was founded by
veterans of the finance and retail industries. The PayItSimple product has been patent
protected in the United States since 2012.
For more information, please visit http://www.payitsimple.com.
Contact:
Stacy Fassberg
stacyf@payitsimple.com
+1-914-294-3507
PayItSimple USA Inc.
PayItSimple USA Inc. Adds Over 30 New Payment Gateways
Ground-breaking payment solution that lets consumers simply and easily charge any purchase on their existing credit cards and pay them back in monthly, interest free installments can now be offered by over 90% of all merchants in the US
NEW YORK, December 10, 2014 /PRNewswire/ --
PayItSimple, a service that provides instant consumer financing at the point of sale,
today announced that in collaboration with Spreedly, they have completed integration with
an additional 30 payment gateways to provide PayItSimple service to US-based merchants.
With the addition of these gateways, PayItSimple is now integrated with approximately 70%
of all payment gateways in the United States.
PayItSimple's patented technology enables merchants to offer secure consumer credit
using the consumer's existing credit card, with no greater risk than they have with
ordinary credit card transactions. Installment transactions are automatically scheduled,
generated, authorized and collected on the customer's existing credit card via
PayItSimple's cloud-based, patent-protected platform. For merchants, having this
additional payment option can mean increased conversion rates, higher average tickets,
increased customer satisfaction and reduced barriers to purchase. Consumers gain instant,
interest-free monthly payments, better expense management and no credit applications or
qualifications for new credit lines while continuing to enjoy all of their existing card
benefits, such as cash back, mileage, points, etc.
"By pre-integrating with most payment gateways in the US, PayItSimple can quickly and
easily onboard any ecommerce or brick & mortar merchant without having to open a new
merchant account," said PayItSimple Vice President of Product, Eric Benayoun. "So
merchants interested in offering PayItSimple to their customers can be up and running in a
matter of days."
"We welcomed the chance to work with PayItSimple and reduce their development time
from 2 years down to just 1 month," said Spreedly CEO Justin Benson. "Our uniform API
allows us to connect to a broad set of global payment gateways via a single integration,
providing our customers with unparalleled time to market efficiency and reliability."
About Spreedly
Spreedly removes friction and creates new commerce capabilities by allowing merchants
and platforms to securely store credit cards and create a universal token that can be sent
to more than 90 payment gateways or unique third party order API's in over 80 countries.
http://www.spreedly.com
About PayItSimple
PayItSimple is revolutionizing the credit card industry by extending the ability to
offer interest-free consumer credit with securitization, just like a regular credit card
transaction, to all sizes of merchants/retailers. PayItSimple USA Inc. was founded by
veterans of the finance and retail industries. The PayItSimple product has been patent
protected in the United States since 2012.
For more information, please visit http://www.payitsimple.com.
Contact:
Stacy Fassberg
stacyf@payitsimple.com
+1-914-294-3507
PayItSimple USA Inc.