PaySimple® Partners with CheckAlt™ to Provide Suite of Payments and Receivables Tools to Small and Mid-size Businesses

DENVER, March 18, 2013 /PRNewswire/ -- PaySimple, the cloud-based platform for managing and growing small businesses, announced today the launch of a partnership with payment processing leader CheckAlt to provide businesses with a fully integrated receivables solution combining credit card and CheckAlt echeck payment acceptance.

CheckAlt will offer this unique, integrated management and receivables SaaS solution to small and mid-size businesses that are looking to materially accelerate flow by deploying a fully automated payments tool that allows them to get paid faster. No more delays due to mailing checks, and businesses using the program will be empowered to accept credit cards and echecks from desktop and mobile devices, meeting the needs of highly mobile businesses to operate from anywhere. In addition, the solution will incorporate PaySimple's wide range of tools for customer management and customized payment plans.

"We are thrilled to partner with CheckAlt to provide a way for companies to take all forms of payment, including echecks via CheckAlt's innovative system," said PaySimple CEO Eric Remer.

"We know from our experience at CheckAlt that companies appreciate the competitive benefits of our echeck receivables solution, and pairing that with PaySimple's suite of payments and business management tools will be of tremendous service to the small and mid-size companies we are focused on," said Shai Stern CEO of CheckAlt.

The new PaySimple/CheckAlt offering will provide businesses with rapid underwriting and the ability to begin accepting echecks rapidly. After companies begin using the solution, they will experience little to no delay in receiving echeck funds, solving one of the biggest problems small businesses face.

About PaySimple:  PaySimple is the leading cloud-based platform for managing and growing small businesses. Thousands of companies use PaySimple's turnkey solution to automate billing, accept electronic payments, increase cash flow, manage customers, run real-time performance reports, and operate from anywhere on any device and with a mobile card reader. PaySimple offers a Starter program for newer companies and its Pro program for established businesses. PaySimple markets its product directly to small businesses and through its enterprise partners, including ADP, Chase, Vantiv, Jack Henry, and Western Union. PaySimple helps small businesses take on the world. To learn more, visit PaySimple, call 800-466-0992, or follow on Twitter and Facebook.

About CheckAlt: CheckAlt is a Check 21 application company providing Remote Deposit Capture (RDC), eCheck services, and mobile payments. CheckAlt's clients include banks, credit unions, check cashers and MSBs (money service businesses), insurance companies, municipalities, utilities, and small and medium-sized enterprises. CheckAlt delivers x9.37/ICL files to 200 + financial institutions daily and possesses the most robust integration tools in the industry. CheckAlt is the fastest way to move money with data. For more information, visit www.checkalt.com.

SOURCE CheckAlt