SAN MATEO, Calif., Sept. 30, 2015 /PRNewswire/ -- Qualpay, a
next-generation multichannel merchant account and payment solution
provider, announced today that it has successfully completed a
Series A round of financing, bringing its total capital commitment
to $8 million.
"We are very excited to have raised this money," said
Craig Gass, CEO. "We are
thrilled to know that investors recognize the great growth
potential in Qualpay and have confidence in our ability to continue
to deliver and expand on the success we have already
achieved."
"We started Qualpay by creating a cutting-edge payments platform
needed to address the dynamics of today's marketplace," says Mr.
Gass. "And now thanks to this new infusion of capital, we're
ready to expand on what we've already accomplished with further
improvements in our product and services. It also means we
have the ability to reach many more customers."
Qualpay's Cloud-based payments platform is designed to allow
businesses to accept payments in all the ways consumers are making
purchases today, be it in-person, online, via their mobile devices,
over the phone or through the mail. Qualpay lets merchants do
this through the use of a single, seamlessly integrated merchant
account, which greatly reduces the complexity and redundancies that
can occur when multiple merchant accounts are required.
Qualpay offers many other advantages according to Mr.
Gass. "Our platform works with all card brands and payments
types, including Apple Pay and EMV enabled cards. We also
offer a flexible web-based business analytics and management
dashboard designed for mobile devices. What that means is a
business can check on deposits and other key analytics right from
his or her smart phone whenever he or she wants."
Qualpay was founded by long-time veterans of the payment
processing industry as well as seasoned programmers. One of
their very first steps in starting Qualpay was to establish a
customer support center. Located in Spokane Valley, Washington, this center delivers 24/7
help from real, live customer representatives. "All the
greatest technology in the world means little if you don't back it
up with personal, one-on-one customer support," says Mr. Gass.
About Qualpay:
Started in 2014, Qualpay is an innovative and integrated payment
solutions provider headquartered in San
Mateo, California. Qualpay's multichannel, Cloud-based
processing platform provides a combined merchant account with
solutions that enable businesses to accept payments across all
their sales channels. Qualpay continues to seek out and
incorporate leading-edge technologies in order to provide its
customers with the tools and services they need in today's rapidly
changing marketplace. The company maintains a customer
service office in Spokane Valley, Washington. To learn more,
visit www.qualpay.com.
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SOURCE Qualpay