For now though, Coda Payments — which has offices in Singapore and Jakarta, and representatives in San Francisco and Hong Kong — is quietly going about aggregating and organizing the messy business of payments.
But the parent company is still under scrutiny for its much larger business of providing payment processing software systems to a vast majority of mortgage servicers.
Hunt, responding to the BBC Trust report today that criticised the corporation for being "too harsh" in its pursuit of licence fee payments, said that the BBC had tried to distance itself from the "grubby business" of pursuing payments by using third-party contractors with "stiff targets" instead of treating viewers like customers.
"It's a business of collecting payments from cities because of their outdated sign ordinances," Mr. Zinn said.
Even without a store, the business of collecting payments would have to continue, he said, and so, therefore, might his salary.
Based in Austin, Texas, Fintiv is a virtually unknown entity in the tech world, describing itself as being in the business of mobile payments and marketing campaigns.
Although the complexity of the business and uncertainty of payment on the receivables has humbled more than one competitor, it's been hugely successful for NCFE and its bearded cofounder and chief executive, Lance Poulsen, 59.
1. Know Your Industry Research on what is the industry standard for your business in terms of payment days, collections, and incentives can keep your customers paying on time.
There are also other problems that are associated with operating any enterprise that need to be addressed by aspiring entrepreneurs: for example legal aspects such as registration of the business, payment of taxes, employment conditions and business planning.
