SoPayMe is the next generation of electronic payments, providing real-time payments for Consumer (Person-to-Person [P2P]), Retail (Person-to-Business [P2B]), Business-to-Business [B2B], or virtually any other type of payment between two parties. SoPayMe is positioned to be the global industry standard for payments. Cost is a flat fee of only pennies per transaction, regardless of the dollar amount of the transaction. No more interchange need be paid on transactions, saving up to 90% on transaction costs.
Products / Services
A REAL-TIME mobile-based payment system for Retailer and Consumer payments. SoPayMe allows merchants, consumers, governments/ municipalities to send or receive payments, as well as tax refunds or other financial benefits all in REAL-TIME. SoPayMe is designed to operate internationally as well as handle the exchange on foreign payments sent or received. The primary markets are Retail, Consumer and Government payments.
Retailers now have a new weapon to combat interchange and can COMPLETELY ELIMINATE interchange.
President Business Development
Randolph has over 30 years of experience in the financial services industry and is the Co-Founder of Notification Systems, Inc., the nation’s largest provider of large-dollar returned check services. NSI currently handles approximately $2 billion dollars per month in check transactions. NSI is connected to, or communicates with, every financial institution in the USA and its territories.