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. Rate	PaySimple Rate	Difference
$11,739.47	4.950%	2.280%	$313.44

Monthly Inquiry Fees (#)	Prev. Rate	PaySimple Rate	Difference
60	$0.08	$0.24	($9.60)

Other Monthly Fees	Prev.Rate	PaySimple Rate	Difference
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

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