Robert Ronning Congratulates PayVida for Online Payment Platform

With the PayVida platform, the user provides 12 simple lines of information.

Vancouver, British Columbia - April 16, 2018 /MarketersMedia/ —

With the immense amount of inventions over the past decade alone due to the growth of the digital sector, there is an increasing need for companies that prioritize security over any other aspect of their day-to-day production. PayVida’s innovative Payment Facilitation, set to launch in early 2018, will be the first to offer instant mobile, online, and in-store payment acceptance and financial services to merchants in North America, creating new opportunities and conveniences for merchants in today’s economic landscape. Robert Ronning, co-founder of PayVida Solutions, details the specific advantages the revolutionary online payment platform will provide, as it ensures modern, cost-effective solutions that uniquely address glaring operations needs within the fintech industry.

“As it stands today, merchants have two main options; one being a traditional account provider through a larger bank, and the other being a payment facilitator like Square or PayPal,” says Ronning. “Both are effective and can meet a number of business’s needs, but they tend to be cumbersome due to an extensive signup process, as well as long waits for verification, approvals and funding. They also have implemented high fees due to the associated risks.” He describes PayVida as a hybrid between the two that retains their best features, focusing on common shortcomings and inconveniences that can often hinder a merchant, while also accommodating emergent pay methods and cryptocurrency conversion.

With the PayVida platform, instead of a long application process and waiting period, the user provides 12 simple lines of information, which includes a quick facial scan and uploading of a government ID. Approval status is offered almost instantly, which then enables access to a proprietary Smart Terminal and ecommerce suite, along with an optional debit card that can accomodate real-time transfers for both the business and its employees. All of this is built on a transparent and understandable pricing model, with no contracts, cancellation fees or monthly minimums. PayVida integrates with most online payment platforms, and even provides a developer-friendly API for those who want to customize it to their particular operation’s needs.

Another major aspect the company takes on is the possible trouble some businesses may run into when seeking to obtain a loan. Instead of approaching banks and payment facilitators, a merchant can use the PayVida Capital to see how much they qualify for, and then receive access to their funds within 24 hours after approval on the PayVida debit card linked to the account. “Smaller vendors often have challenges working with larger banks and qualifying for lending,” Robert Ronning says. “PayVida Capital makes the loan application process frictionless and easy to qualify for. The amount is based directly on sales, as opposed to the financial track record of the merchant,” he explains. “For example, if the user’s business does $20,000 a month in sales, we will typically lend them $20,000. It’s that simple.” Ronning believes this streamlined method to borrowing will give businesses the necessary resources needed to increase their revenue long term, avoiding the common roadblocks that deter many from securing the additional funding needed to reach their goals.

Robert Ronning is a financial technologies expert from British Columbia. In 2013, he co-founded PayVida, a groundbreaking payment processor on a mission “to rebuild the payment industry from the ground up,” radically changing the way businesses get paid and acquire capital. PayVida aims to spearhead the creation of a healthier marketplace by offering ethical and affordable payment processing solutions to business owners and entrepreneurs.

Robert Ronning - Co-founder of PayVida Solutions: http://robertronningnews.com

Robert Ronning - Crunchbase: https://www.crunchbase.com/person/robert-ronning

Robert Ronning - Facebook: https://www.facebook.com/robertronning1

Contact Info:
Name: RRN
Email: contact@robertronningnews.com
Organization: RobertRonningNews.com

Source URL: https://marketersmedia.com/robert-ronning-congratulates-payvida-for-online-payment-platform/331574

For more information, please visit http://www.robertronningnews.com

Source: MarketersMedia

Release ID: 331574

Latest News

One of world's top urban forests threatened by tiny beetle

Aug 16, 2018

JOHANNESBURG — One of the world's largest urban forests is under threat from a tiny beetle. The polyphagous shot hole borer is thought to have made its way to Johannesburg from Southeast Asia on packing crates or through the trade in plant materials. Trudy Paap, a forest pathologist at the University of Pretoria, discovered the beetle in the Pietermaritzburg Botanical Gardens last year. She published her discovery in the journal Australasian Plant Pathology, calling it part of "the surge in the global spread of invasive forest pests" because of globalization. The beetle has since moved to Johannesburg, 320 kilometers (198...

Ebola vaccinations begin in Congo's latest deadly outbreak

Aug 16, 2018

DAKAR, Senegal — Ebola vaccinations began Wednesday for Congo's latest outbreak of the deadly virus that has already claimed at least nine lives. Health officials have warned that containing the outbreak in North Kivu province is complicated by the presence of multiple armed groups vying for mineral-rich land in the northeastern region that borders Uganda and Rwanda. Ebola screening of travelers at the Congo-Rwanda border was "already in high gear," the World Health Organization said. The latest outbreak, declared Aug. 1 in Mangina village in the Mabalako health zone, is Congo's tenth outbreak since the virus was identified in 1976....

Italy's FM visits Egypt, first since killing of researcher

Aug 16, 2018

CAIRO — Italy's foreign minister said Sunday he was pleased to hear from Egyptian officials that they are committed to completing an investigation into the 2016 killing of an Italian graduate student in the capital Cairo with a "concrete result." Enzo Moavero Milanesi arrived in Egypt on the first visit by a top Italian diplomat since the death of Giulio Regeni. His trip comes on the heels of a visit last month by Italian Interior Minister and Deputy Prime Minister Matteo Salvini. Milanesi met with Egypt's President Abdel-Fattah el-Sissi and Foreign Minister Sameh Shoukry in Cairo. He said at a...

Complete lunar eclipse begins, the longest of this century

Aug 16, 2018

JOHANNESBURG — Skywatchers around much of the world have begun watching a complete lunar eclipse that is the longest of this century. The so-called "blood moon," when it turns a deep red, is visible at different times in Australia, Africa, Asia, Europe and South America when the sun, Earth and moon line up perfectly, casting Earth's shadow on the moon. The total eclipse lasts 1 hour and 43 minutes, with the entire event lasting closer to four hours. Across Africa, people turned to the sky, watching the reddish shadow slide up the moon's surface. In Somalia's capital, Mogadishu, hundreds of...

Africa sees 1st carbon-neutral brewery amid climate concerns

Aug 16, 2018

DARLING, South Africa — A South African brewery is said to be the first in Africa to go carbon-neutral as more businesses across the continent adjust to climate change, and as consumers become more careful about the products they buy. Darling Brewery, in a village near Cape Town, decreased its carbon footprint by using water and energy more efficiently — then brought it to zero in April by purchasing carbon credits at a reforestation project in Zimbabwe. The brewery's overhaul comes as South Africa's Cape region emerges from an extreme drought that saw the city of Cape Town, population 4...

About Us

Delivering news from all over the globe, StarJournal keeps you abreast with the greatest minds in science, be it researchers, theorists or even popularizers.

Contact us: sales[at]starjournals.com

Subscribe Now!