June 22, 2011 Melville, NY - Capital Payments (http://www.capitalpayments.com) a leading electronic payment solutions provider, announced today that it has entered into a partnership with PayChoice (http://www.paychoice.com), one of the nation's largest privately-held payroll companies, which provides payroll, HR and employee management services for small- to medium-sized businesses. The partnership will provide their small business community members with the tools and resources they need to effectively and economically manage their businesses.
These complimentary technology services enable small businesses to receive the same sophisticated products and services typically only presented to larger businesses. As businesses focus on efficiency for back office operations this combination offers a new opportunity for Capital Payments/PayChoice customers to access these solutions and lower their operational costs.
"We are very excited about the solutions that Capital Payments bring to PayChoice clients," states Robert Digby, CEO of PayChoice. "In the same way PayChoice provides comprehensive employee management solutions to SMBs, Capital Payments provides comprehensive payment options that are cost effective, secure and can be tailored to meet a business' needs. Together we'll help business owners reduce operating expenses and grow their business."
"The number of small businesses in this country has reached nearly 26 million, making them significant contributors to the U.S. economy. As these small enterprises are impacted by changing economic factors, the need for combined products and services will increase. Our partnership with PayChoice will provide a bundle of services that will help small business owners compete more effectively by operating faster and more efficiently," states John M. Perry Chief Executive Officer of Capital Payments.
About Capital Payments, LLC
Capital Payments is a leading provider of merchant and electronic payment solutions headquartered in Melville, New York with offices in Chicago and Atlanta. Capital Payments distinguishes itself among merchant service providers by focusing on helping trusted advisors - Technology, CPAs, Attorneys, and others - help their clients navigate the complex world of electronic payment solutions. Capital Payments provides transparent and competitive pricing, very fair terms and conditions, and best of breed payment products and services. Capital Payments is led by industry veterans with decades of experience working with small and midsize businesses and their trusted advisors.
For more information about Capital Payments, please visit www.capitalpayments.com.
PayChoice is one of the nation's largest privately-held payroll/HR companies and provides payroll and employee management services for small- and medium-sized businesses (SMBs). In addition to its core payroll and tax administration offerings, PayChoice's suite of services also includes HR compliance and counseling services, workers compensation insurance, 401(k) solutions, Section 125 solutions, time and attendance and background checks. PayChoice delivers its services to over 125,000 SMBs and 1.8 million employees both directly and through approximately 240 payroll service bureau licensees.