Entrepreneur

New Payment Platform Puts an End to the Daily Deposit Ritual

The expense and time it takes to get money deposited can gouge a company's profit margins. Jay Bhattacharya decided to address nearly every pain point in the transaction process.

There's nothing cheap about moving . What should be a simple transfer from one account to another can require piles of paper invoices, checks or online payments, which often involve a hold on funds and the equivalent of Ticketmaster's "convenience charge." The expense and time it takes to get money deposited can gouge a company's profit margins.

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