Industry News

WayPay Helps Small Business Owners Keep More of their Money

(April 12, 2018)—BURLINGTON, Ontario – In an era of soaring costs and taxes, a Canadian company is helping small business owners keep more of their hard-earned money.

WayPay offers an online payment platform that reduces banking fees by up to 80%. WayPay’s payment solutions are a welcome savings for small business owners trying to cope with recent minimum wage increases.

“WayPay enables small business and franchise owners to use their bank accounts and credit cards in unique ways to increase cash flow and cut costs,” said Roberto Ramesar, CEO of WayPay. “Our platform enables our clients to slash banking fees, free up their cash, and consolidate payments to suppliers or employees. Thousands of companies are gaining a competitive edge by using WayPay to save time and money.”

Clients can pay all their bills electronically using any bank account or credit card. This eliminates the need to write cheques and reduces banking fees by up to 80%. WayPay increases efficiency by allowing clients to view, pay, and automatically reconcile payments in one place quickly and easily.

“Our partnership with WayPay has helped our head office save both time and money,” said Aaron Abrams, President & CEO of MOLLY MAID Canada. “As a franchisor, WayPay allows us to better connect with our franchisees and numerous suppliers.”

With WayPay, small business owners can now use their credit card to pay for any business expense, including:
• Payroll
• CRA tax remittances
• Rent
• Inventory purchases
• Insurance

By maximizing their credit card usage, small business owners can accumulate up to five times the loyalty points, rebates, or discounts.

“WayPay allows us to use our credit card to pay our CRA tax remittances. This added freedom has allowed us to use our cash more strategically and assisted in the growth of our business,” says Swiss Chalet owner, Bruce Wilde. “In addition, the credit card points we have been able to accumulate on our corporate card has allowed us to provide new
employee incentives. This has been a game changer for our business.”

Founded in 2013, WayPay makes business payments simple and rewarding. WayPay will be on-site at the Canadian Franchise Association’s National Convention in Ottawa from April 22 to 24. Interview opportunities available.

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For more information, contact:
Robert Bast
Co-Founder & Chief Revenue Officer
(905) 510-7622
press@waypay.ca