Charles Rosenblatt, President of PayQuicker | Episode 202

This episode is sponsored by Citizens Pay. With Citizens Pay, merchants have the security of a leading national bank and an omnichannel platform designed to streamline the buying process.  If you want to learn more about Citizens Pay, visit https://citizensbank.mvk.co/2hycr where you can find additional information about Citizens Pay and the buy now pay later payment model.

My guest this week has a passion for a conscious decision making and a love for the growth potential that comes with working for smaller companies. Span this across a 25-year career in fintech and you have the makings of a podcast worth listening to. PayQuicker President Charles Rosenblatt has a lot to say about payments and the original gig economy!

For those of you who may not know, PayQuicker is a global payments platform that does payments for gig economy workers around the globe – in 200 countries and 50+ currencies. They are a complete white-label solution that offers companies the capacity to pay in multiple currencies and with multiple payment methods, including virtual card, direct deposit, e-wallet and even crypto. They have upwards of 80 employees and the company has been around for 15 years. For those of you wondering what market sector they serviced 15 years ago, when the gig economy wasn’t a thing yet, you’re a good company. I asked the same question. And the answer was unexpected! According to Charles, there was, in fact, a thriving gig economy back then. According to him, multilevel marketing reps were the original gig workers!

As for their competitive advantage, Charles touts the company motto (happy payees) as a main driver for their success. While it’s true their main customer is the corporate client, their intentional focus on the payee results in a company culture and brand that excels in customer experience. The other advantage? In addition to their global platform, PayQuicker also developed the first ever payments orchestration platform for payouts that offers only 1 API and only 1 integration!

Tune in this week to hear Charles talk about his journey to president, how they manage to secure a 99% retention rate, and where he sees the industry going in the next 2 to 3 years including more simplicity, ease at the corporate level, and one single point of contact.