PayItSimple USA Inc. Named a 2015 PYMNTS Innovator

NEW YORK, April 13, 2015 /PRNewswire/ --

PayItSimple, a service that enables consumers to purchase goods through interest-free installments on their existing credit cards, today announced that it won the Bronze Medal at the 2015 PYMNTS Innovator Awards for "Best Credit Innovation."  Viewed as one of the most prestigious recognition awards in the payments industry, the PYMNTS Innovator Awards has seen an exponential increase in participants and sponsors, and boasts a submission, selection and voting process that is unmatched in intellectual rigor and competitive energy. For the past two years, the PYMNTS community has nominated innovators for 16 categories and the finalists were chosen from a panel of judges who have deep and practical expertise in payments and innovation. The top three finalists in each category are determined by voting from PYMNTS.com®.

"I'm so pleased to congratulate PayItSimple on their award," said Karen Webster, CEO of PYMNTS.com. "The PYMNTS Innovation Awards are the most prestigious recognition in the payments industry. And because of the record breaking amount of votes for the finalists and the caliber of judges that reviewed the submissions, this year I think we were able to truly recognize the best of the best in the payments industry."

PayItSimple enables both ecommerce and brick & mortar merchants to offer interest-free monthly installment payments to their customers at the point of sale.  Customers do not have to apply for a new credit line or qualify for a new credit card.  PayItSimple works on their existing credit cards so customers also enjoy all of their regular credit card benefits such as points, cash-back and mileage.  For merchants, having this additional payment option can mean increased conversion rates, higher average tickets, increased customer satisfaction and reduced barriers to purchase.  

"We are honored to receive this kind of acknowledgement from the industry's top professionals," said Stacy Fassberg, VP Marketing at PayItSimple.  "As one of the newer players in the payment industry, receiving this award is extremely satisfying and encouraging, and gives our entire team the determination to make PayItSimple the world's leading payment solution."

Winners were announced during a live ceremony at The Innovation Project 2015 on March 19th.

About PayItSimple 

PayItSimple USA, Inc. is revolutionizing the credit card industry by extending to all sizes of merchants/retailers the ability to offer interest-free consumer credit with securitization, just like a regular credit card transaction. The PayItSimple product has been patent protected in the United States since 2012.

For more information, please visit http://www.payitsimple.com.

For more information, please visit http://www.payitsimple.com.

Contact:
Stacy Fassberg
[email protected]
+1-914-294-3507

SOURCE PayItSimple