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

More News From The World Agenda

Trailing in polls, O'Rourke lays into Cruz in Texas debate

Oct 17, 2018

SAN ANTONIO — Democrat Beto O'Rourke abandoned his usual message of unity and optimism and laid into Ted Cruz, hoping to reverse polls that show him fading against the Republican incumbent during the second debate of a Texas Senate race that's become one of the nation's most closely watched. During the opening moments of the debate Tuesday night , Cruz criticized O'Rourke for past votes supporting a never-enacted oil production tax that might have hit oil-rich Texas hard. O'Rourke responded by evoking a moniker Donald Trump bestowed on the senator when the pair were bitter rivals during the 2016 Republican...

For Ed Asner, comic-books and autism are family matters

Oct 17, 2018

LOS ANGELES — Even at age 88, actor Ed Asner still hangs out at the comic-book store with his kid. Early last week, the Asners could be spotted at Hollywood's legendary Golden Apple Comics. But they weren't shopping. Instead, the two were promoting an internet comic-art auction to raise funds for The Ed Asner Family Center. The auction goes live Wednesday. Founded earlier this year by the actor's son, Matthew, and daughter-in-law, Navah, the center offers programs and education for both special-needs children and their families. The star of "The Mary Tyler Moore Show," ''Lou Grant" and the lead voice...

Paul Allen's passions: Rock n' roll, sports and philanthropy

Oct 17, 2018

SEATTLE — Personal computers, conservation, pro football, rock n' roll and rocket ships: Paul G. Allen couldn't have asked for a better way to spend, invest and donate the billions he reaped from co-founding Microsoft with childhood friend Bill Gates. Allen used the fortune he made from Microsoft — whose Windows operating system is found on most of the world's desktop computers — to invest in other ambitions, from tackling climate change and advancing brain research to finding innovative solutions to solve some of the world's biggest challenges. "If it has the potential to do good, then we should do...

Potentially deadly infection hits California sea lions

Oct 17, 2018

SAUSALITO, Calif. — A rescue center says California sea lions are coming down with a potentially fatal bacterial infection in near-record numbers. The Marine Mammal Center in Sausalito says more than 220 sea lions rescued this year have been diagnosed with leptospirosis. It's the second-largest outbreak recorded by the rescue center. The center says outbreaks aren't uncommon but the last major one was in 2011. It involved nearly 200 sea lions. The bacterial infection affects the kidneys and can be lethal if untreated. The Marine Mammal Center says the strain affecting the sea lions has also been seen in pigs,...

California agency, gas tax backers worked closely together

Oct 17, 2018

SACRAMENTO, Calif. — As the political battle to overturn California's gas tax increase intensified, the state transportation agency coordinated frequently with the public affairs firm working to block the repeal on behalf of unions, construction companies and local government groups, emails obtained by The Associated Press show. The California State Transportation Agency and Sacramento-based Bicker, Castillo & Fairbanks organized news conferences and other efforts to promote legislation to raise the tax to fund road and bridge repairs, which passed the Legislature in April 2017. After Gov. Jerry Brown signed it, the agency and firm continued planning events and coordinating social...

Here at The World Agenda, we bring innovation to digital news for you to keep abreast of worldwide news instantly anywhere.

Contact us: sales[at]theworldagenda.com