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Helcim Introduces Contract Buyout Program to Simplify Switching Payment Providers

July 18, 2024 by Robert Lewis Leave a Comment

Calgary’s Helcim is at it again.

Hot on the heels of announcing the launch of a partner program for developers and platforms, the company on a mission to be the world’s most loved payments company has launched a new program designed to make it easier for businesses to switch from their current payments provider to Helcim.

The Contract Buyout Program removes the most common financial penalties that can accompany switching between payment providers.

To ease the financial burden of switching, Helcim is offering up to $500 in processing fees waived for merchants with Early Termination Fees (ETF) or equipment lease payables. This buyout assistance makes it more affordable for businesses to switch.

In addition to helping cover cancellation costs, the Helcim team also provides self-service guides to walk business owners through the switching process or personalized support from its in-house team. 

RELATED: Helcim is hiring on Techtalent.ca

Nic Beique, Helcim’s CEO, explains the motivation behind the program: “We’ve listened to our customers and the broader business community, and we understand the frustrations they’ve faced with other payment providers—obscene rate hikes, outages, and hidden fees. Our Contract Buyout Program is a direct response to these challenges.”

Beique adds, “We want to make it as easy as possible for businesses to switch to Helcim and experience the transparent, reliable service we’re known for. This program reflects our commitment to making the world’s most loved payments by constantly improving the experience, including the switching process, to serve them better.”

Helcim already serves thousands of businesses in Canada and the US across 800 different industries, processing billions in payments each year. 

Earlier this year Helcim raised a $27 million Series B funding round led by San Francisco venture capital firm Headline.

Helcim’s suite of developer tools have greatly expanded in the last year, including last year’s launch of its Smart Terminal API to enable developers to integrate card-present payment solutions.

Filed Under: News Tagged With: Helcim

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