Accounting
2017 Overview of PaySimple – Accounts Receivable Functions
PaySimple is a payment processing solution that is designed to process payments of all types, including credit and debit cards, eChecks, and ACH transfers, with payments processed on a one-time or recurring basis. PaySimple tracks invoices ...
Mar. 22, 2017
PaySimple: www.paysimple.com
From the 2017 Reviews of Accounts Receivable Systems.
PaySimple is a payment processing solution that is designed to process payments of all types, including credit and debit cards, eChecks, and ACH transfers, with payments processed on a one-time or recurring basis. PaySimple tracks invoices, indicating which invoices are due.
When payments are received, the funds are automatically deposited into a business’s bank account. Recurring billing is also available in PaySimple; once billing data is entered, PaySimple will automatically bill a customer.
A mobile app is available that allows PaySimple to be used with smart phones to process payments from anywhere. The product also handles subscription billing, with customers automatically emailed a receipt once payment is received.
Businesses that are interested in using PaySimple will need to submit an application. Application approval typically takes three business days.
PaySimple is a good solution for those looking to outsource the payment processing function while still retaining some control of the process. PaySimple pricing is $49.95 per month, plus processing fees.