SoPayMe Inc Information

SoPayMe has developed what the personal, retail, commercial and governmental markets have been craving for decades: Real-Time Payments. To understand the benefits of a "real-time" system, let's take a look at the current process. When you deposit a check in the bank, you receive a "provisional credit. In other words, you start receiving interest from that day, even though the money is not yet collected from the bank on which the check is drawn. In the case of a credit card or debit card transaction, you may see an immediate debit or charge on your account, but the business receiving that payment normally has to wait multiple days to receive the deposited funds into their account. Again, this is not real-time. That's why you are told you need to wait days before you try to access your funds--they are not real-time funds. One way banks tell you that you can get around this is by having other collected funds in your account that you can use immediately, but in the interim, your current deposit's funds can still be held for days. So, essentially they are giving you permission to use some of your money. For these reasons, SoPayMe specifically designed and created the nation's first, truly real-time payment system for both the personal payment and retail payment markets. What this means to you is that if you are an individual and someone wants to pay you, or you want to pay someone else, you can do so instantly, in real-time. If you operate a business, then SoPayMe is even more significant! SoPayMe gives you real-time funding of your business transacted through the system, with funds moving immediately, and the best part is that YOU NO LONGER HAVE TO PAY CREDIT-CARD RELATED PERCENTAGES AND FEES! Depending on the size and volume of your transactions, this could save you over 95% of your expenses from card-based transactions. Please sign up today through one of our participating members or by simply stopping into your institution and asking to open a SoPayMe account, which links directly to your existing account(s). You don't have to send money to an unknown or troublesome third-party payment system that takes your hard earned money, delays payments by days, or longer, and charges exorbitant fees. YOU have control over YOUR money, since it is in YOUR account and earning interest for YOU. Further, because it is in YOUR institution, FDIC insurance is not lost on YOUR funds. If your institution is not yet a member of SoPayMe, simply have them call us at 952.886.3501 during normal business hours.