NEW YORK, NY — (Marketwired) — 04/04/13 — Zipmark, a pioneer in online and mobile payments, and Toast Invoice, a leader in e-invoicing for small businesses, today announced the addition of Zipmark digital checks on all Toast invoices. Many small businesses are paid predominately with paper checks and wire transfers, despite the high cost and inefficiency associated with both. Toast Invoice chose to partner with Zipmark so that their users can get paid faster.
Toast already allows small businesses to quickly and easily generate and send e-invoices to their clients. The addition of Zipmark enables those businesses to accept payments just as easily. With Toast Invoice and Zipmark, businesses can invoice their clients and request payment by digital check with one click. Getting paid with Zipmark digital checks allows businesses to eliminate their payment risk and improve cash flow, while saving time and money. Zipmark eliminates payment risk by guaranteeing that funds will be deposited on the next business day. Zipmark-s transaction fee is only 1% with a $5 cap.
“At Zipmark, we have always focused on making transactions easier for billers and payers,” said Jay Bhattacharya, CEO of Zipmark. “Partnering with Toast Invoice makes Zipmark available to the ever-growing community of freelancers and independent workers who need innovative and smart payment and billing solutions that allow them to focus on what they love — running their business.”
Small business owners know time is money, but until now they have wasted hours each week trying to get paid. In the words of one satisfied freelancer, “I love how easy it is to invoice my clients with Toast Invoice. It-s painless. Now, the integration with Zipmark makes getting paid just as easy. I don-t have to wait for paper checks to arrive in the mail, or pay wire fees. With Zipmark, the money is in my bank account on the next business day — which is exactly where my money should be.”
Both Zipmark and Toast Invoice are focused on making it easier to run a small business. According to Toast Invoice CEO Justin Foley, “Our mission at Toast is to save small businesses and freelancers time, money and frustration. So when we heard about Zipmark it seemed like a perfect fit. We-ve been excited to see the amount of enthusiasm this integration has generated with our user base. For businesses that were previously restricted to accepting paper checks and wire transfers, we feel that this represents a major step forward.”
Designed with small businesses and freelancers in mind, Toast Invoice was built from the ground up to save its users Time, Money and Frustration. With simple, powerful features and a beautiful user interface, it-s no wonder Toast users consider it to be the best thing since sliced bread.
Zipmark-s goal is to remove barriers between businesses and their money by bringing the checkbook into the 21st century: reducing the amount of time and money it takes to make a check payment, eliminating bounced checks, and taking all risk out of the equation for payer and payee alike. Zipmark was launched in 2010 by Jay Bhattacharya and Jake Howerton, and is based in New York City. Zipmark-s investors are Village Ventures, Contour Venture Partners, NYC Seed, High Peaks Venture Capital and the New York City Investment Fund. More information about Zipmark can be found at .
Zipmark PR contact:
David Splivalo
703.798.2395
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