Balanced, a payments-processor startup, is reporting strong activity with a transaction volume of $370 million annually.
The company accomplishes this by providing a wide range of services, including next-day payments, TechCrunch reported on Jan. 16.
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To compete with such larger players as Braintree and Stripe, Balanced is tinkering with its rate model to offer greater flexibility to smaller merchants. The company hopes that this will keep Balanced competitive in a tight space.
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