A Gartner study equated the effect of reducing operation costs by 5% to having the same impact on a business as increasing sales by 30%!  Research shows electronic payments and invoicing can save businesses as much as 70% from their current payment costs.

There are many low-cost, easy-to-use eCommerce solutions that support Small to Medium Enterprises (SME's) that are in retail businesses.   The service segment, however, has somewhat been the forgotten market. Research shows SME's will move from 2007's current 8% adoption of electronic payment to a forecasted 25% adoption by 2010.  My Payment Network has both a stand alone solution and custom, private label solutions designed to serve the unique payment needs of the SME service market.