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In a world where payment processing is often seen as a complex and costly necessity for businesses, Helcim stands out by offering a fresh perspective. Recently, Nic Beique, the founder and CEO of Helcim, sat down with Kevin Rosenquist on the Pay Pod podcast to discuss how Helcim is transforming the payment processing industry for small to medium-sized businesses. As a Calgary-based fintech company, Helcim is making waves with its commitment to affordable, transparent, and innovative payment solutions.
Key Takeaways from the Interview
Listeners of this insightful episode will discover how Helcim is disrupting the payment processing market by introducing more transparent pricing structures and avoiding the typical 2.9% transaction fees. Nic Beique shares Helcim’s journey of developing in-house technology to maintain competitive margins and deliver value to their customers. He also addresses the challenges of creating hardware for point-of-sale systems, explaining how Helcim has tackled these obstacles to ensure a seamless experience for its users. Furthermore, Nic highlights the unique challenges Canadian fintech companies face due to monopolistic market structures and the crucial role of fostering local innovation.
About Nic Beique
Nic Beique, the visionary behind Helcim, has guided the company from its inception to its current status as a leading player in the fintech space. With a deep-rooted passion for technology and innovation, Nic has driven Helcim's growth by focusing on providing better rates and exceptional service to businesses that often find themselves overlooked by larger payment processors. Nic's dedication to leveling the playing field for Canadian businesses is evident in every aspect of Helcim's operations. Outside the office, Nic is embracing the joys and challenges of new fatherhood, balancing the demands of entrepreneurship with family life.
Exploring the Fintech Landscape
During the podcast, Nic dives into several key topics relevant to anyone interested in the fintech industry and payment processing. He discusses the competitive landscape, highlighting how Helcim differentiates itself by targeting mid-sized businesses with bespoke solutions. The conversation also explores the importance of owning the entire technology stack and the intricacies of developing point-of-sale hardware. Additionally, Nic shares insights on the Canadian fintech market, the impact of monopolies on innovation, and his experiences raising venture capital. He offers valuable leadership lessons, emphasizing the importance of networking and mentorship within the startup ecosystem.
At Helcim, the mission is clear: to provide merchants with a payment processing experience that is as human as it is efficient. By de-commoditizing payments and focusing on the human element, Helcim aims to reshape the relationship businesses have with their payments provider. With no monthly fees, no hidden costs, and an unwavering commitment to transparency, Helcim is redefining what a payments company can be.
Conclusion
As Helcim continues to pave the way for a new era in payment processing, Nic Beique's insights offer a glimpse into the future of fintech. By challenging the status quo and prioritizing innovation, Helcim is setting a new standard for how payments should be handled. Whether you're a small business owner or simply interested in the evolving fintech landscape, this conversation with Nic Beique provides valuable lessons and inspiration.
