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Payfirma to Provide Mobile Payment Processing Services to CIBC Business Banking Clients - Payfirma, a leader in mobile payments in Canada announced an agreement with a leading financial institution, CIBC to offer Payfirma services to CIBC business banking clients - Payfirma.com
Payfirma to Provide Mobile Payment Processing Services to CIBC Business Banking Clients

 

PRZOOM - /newswire/ - Vancouver, British Columbia, Canada, 2013/11/05 - Payfirma, a leader in mobile payments in Canada announced an agreement with a leading financial institution, CIBC to offer Payfirma services to CIBC business banking clients - Payfirma.com.

   
 
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Payfirma, today announced an agreement with a leading financial institution, CIBC to offer Payfirma services to CIBC business banking clients who are seeking innovative solutions for accepting payments from clients using mobile devices.

Payfirma offers a range of hardware and software solutions on a single platform to help businesses accept debit and credit card payments in stores, online through their company website, or remotely using smartphones and tablets as mobile terminals.

Leveraging existing assets such as smartphones and tablets lowers the cost of entry for small businesses who are seeking to expand the payment options available to their clients, and also enables businesses to collect payments anywhere with cellular service.

Payfirma also provides businesses with real-time, consolidated reporting on all sales, so that businesses can use the web-based management tool PayHQ to make smarter business decisions about their customers, products and employees.

This agreement comes at a time when digital payments are on the rise, particularly mobile and eCommerce payments.

• Mobile payments worldwide are projected to total $670 Billion by 20151
• Online shopping is growing at 25% annually in North America2
• Businesses that start accepting credit cards typically see a 30% increase in sales³

“We are delighted to get Payfirma’s platform into the hands of more businesses,” said Michael Gokturk, CEO of Payfirma. “Businesses that use Payfirma’s platform are seeing an increase in sales and significant decrease in operational cost. We are here to help people build their dream companies.”

About Payfirma

Payfirma (payfirma.com) helps businesses accept credit and debit cards online, in stores, and on mobile devices. Payfirma’s payment platform puts all transaction data in one place. Payfirma’s simple platform makes it easier for businesses to use the data to make smarter business decisions about customers, products, and employees. To learn more about Payfirma, visit our website or call us.

1 Juniper Research (June 2011)
2 Source: Nielsen Holdings via Wall Street Journal Oct. 14, 2013
³ Visa.

 
 
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Payfirma to Provide Mobile Payment Processing Services to CIBC Business Banking Clients

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Contact: Payfirma.com 
1-800-747-6883 carmela.samonte[.]payfirma.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Payfirma securities in any jurisdiction including any other companies listed or named in this release.

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