Ads
related to: mobile merchant accounts receivablesidekickbird.com has been visited by 100K+ users in the past month
Search results
Results from the WOW.Com Content Network
Revenue-based financing vs. merchant cash advances. Many lenders use the term revenue-based financing and accounts receivable financing or merchant cash advances interchangeably.
Bill McGill, the company's CFO at the time, assumed the role of CEO. Michael Gokturk resurfaced in January 2011 to launch his new payments company Payfirma, which was the first in Canada to deploy mobile payments on smartphones. In September 2013, Versapay announced the departure of Bill McGill as CEO.
Accounts receivable represents money owed by entities to the firm on the sale of products or services on credit. In most business entities, accounts receivable is typically executed by generating an invoice and either mailing or electronically delivering it to the customer, who, in turn, must pay it within an established timeframe, called credit terms [citation needed] or payment terms.
A Merchant services provider will set up a merchant account, a special type of bank account that allows transactions to come in via the merchant payment gateway. In the case of mPOS systems, mobile pin entry devices (PED) are typically connected to a mobile phone through Bluetooth and then use the phone's WiFi or mobile data to connect with the ...
"Mobile Pay on Demand provides an easy-to-use, secure solution for small businesses that have a need for mobile merchant services," said Robb Hilson, Small Business executive, Bank of America.
That’s because accounts receivable represent funds other companies owe the organization. Suppose a souvenir company purchases $1,000 worth of t-shirts from a supplier. The supplier allows the ...
Ads
related to: mobile merchant accounts receivablesidekickbird.com has been visited by 100K+ users in the past month