Industry Niche Description
Technology solutions that enable businesses to transition away from check-based to electronic payments.
Electronic payment solutions prove superior to check-based methodologies, which can be expensive to process, slow, error prone, and largely handled by human beings.
Attractive target companies within this niche may have the following attributes:
- Companies that provide electronic invoice presentment and payment solutions.
- Software solutions that enable payment technologies to integrate efficiently with legacy accounting and ERP platforms.
- Businesses offering encryption and data security solutions for electronic payment systems.