SimplePin launches advanced Billing and integrated Payments Platform

  • Automated invoicing enables companies to send invoices and accept payments online. 
  • Merging Billing & Payment services, SimplePin eliminates the need for cheque processing.

Montreal: SimplePin, founded in 2017 by entrepreneurs Metod Topolnik (CEO) and Alexei Prosvirine (CTO), provides companies that traditionally sent invoices manually and accepted payment via cheques, with state-of-the-art Billing and Payment software. 

By utilizing SimplePin’s technology, companies are able to fully automate the distribution of invoices, whilst enabling their clients to settle invoices online, via an integrated Payment solution. 

Mr. Topolnik, CEO of SimplePin and Online Payment specialist, explained the need for modernization. 

“Many companies are reluctant to accept payments via Credit and Debit Cards, due to the costliness of these products. As a result, the use of cheques as the prevailing payment method continues, even though their shortcomings are numerous and well known. By carefully assessing the current situation, we realized that the merging and automating of core services - Billing, Reconciling and Payments – would lead to a huge reduction in both implementation and running cost.” 

SimplePin’s advanced processing and payments engine offers real-time invoicing, reconciliation and data analytics, ensuring that users are always in full control and well informed. The layout of the web-based tool is intuitive and its comprehensive functions easy to absorb.

Mr. Prosvirine, CTO: 

“SimplePin’s solution improves all Back-Offices, since it helps reduce the number of manual actions required to complete a task. From automated invoicing, the sending of reminders and enhanced functionality for reconciliation, settlement and taxation settings; we have created a comprehensive and user-friendly tool that will benefit companies and help them grow.”
SimplePin boasts exclusive access to a Global Payment and Acquiring network, which offers unrivalled Card and other payment product processing functionality.

The combination of a PCI Level 1 compliant Acquiring Institution and SimplePin’s advanced security features, ensure optimal security and ease of mind for its users. 

For more information about SimplePin, visit the website https://simplepin.com, or contact the Sales office via sales@simplepin.com 

The SimplePin team will also be in attendance at this year’s National Insurance Conference of Canada (NICC) and Insurance Brokers Association of Ontario Convention (IBAO), taking place in October 2018.