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clear financial reporting and predictable funding.

"We built gross deposits to give our merchants more
control and transparency, helping them manage their
finances more effectively," said Nic Beique, CEO at Helcim.
"This feature addresses key pain points, making Helcim
more attractive for businesses looking to switch payment
platforms while retaining their existing accounting
processes."
Gross deposits to Helcim said it is on a mission to be the world's most loved

simplify merchant payments company by giving small businesses every
possible edge to thrive and enrich our communities. The
company prides itself on delivering an easier, smarter and
funding more affordable payment experience with a human touch.
Visit www.helcim.com for more details.

elcim introduced its new gross deposit fund- Hub with consolidated
ing system, designed to provide merchants
with a transparent, streamlined approach to invoice payments
H managing their funds. Unlike the traditional
net deposit method, where fees are subtracted before
deposits are made, gross deposits allow merchants to
receive their full sales amounts directly into their bank
accounts, with fees deducted separately on the same day,
Helcim stated.

This update is a direct response to merchant feedback,
aimed at improving the financial experience by simplifying
reconciliation and maintaining accurate records, the
company said, adding that merchants now benefit from
clear, easy-to-track financial data without the hassle of
mixed entries or untrackable deductions. Helcim noted
that it serves thousands of businesses in Canada and the
United States across 800 different industries, processing
billions in payments each year.
"With gross deposits, merchants can now see their full larity Ventures, a provider of ecommerce and
earnings upfront, making it easier to reconcile sales and payment solutions, released a new feature in
expenses," Helcim wrote. "They can now know exactly its flagship Clarity Payment Hub: consolidated
what is being deposited each day, allowing for better C invoice payments.
financial planning.
"This much-anticipated enhancement allows businesses
The system, the company pointed out, is particularly to simplify and accelerate the payment process, enabling
beneficial for small and midsize businesses that prioritize them to receive credit card payments more quickly and

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