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Case Study: Decorating Company

Client: Decorating Company

Location: Virginia

Approximate Size: 60 online transactions/month

Business Challenges:

  • High fees for Credit and Debit card processing
  • Manually entering credit card numbers over the phone
  • No online shopping cart or online payment

PaySimple Solution:

  • PaySimple gateway for electronic payment processing
  • Custom-branded online payment gateway
  • Significantly reduced Credit and Debit Processing fees

Results:

  • Easy online payment for customers
  • Buying seamlessly integrated into website
  • Improved customer service
  • Over $3,400 savings in credit card fees per year

Savings Analysis:

Monthly Charge Volume ($)Prev. RatePaySimple RateDifference
$11,739.47 4.950% 2.280% $313.44

Monthly Inquiry Fees (#)Prev. RatePaySimple RateDifference
60 $0.08 $0.24 ($9.60)

Other Monthly FeesPrev.RatePaySimple RateDifference
Gateway Fee: 0 $19.95 ($19.95)

Total Monthly Savings with PaySimple:
$ 283.89
Total Yearly Savings with PaySimple:
$ 3,406.73
Three Year Savings with PaySimple:
$ 10,220.18
Five Year Savings with PaySimple:
$ 17,033.63

Call 800-466-0992 to ask us any questions.

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