Gravity Payments

Gravity Payments

Gravity Payments is the largest payment processor in Washington. They process credit card transactions for small and medium sized businesses nationwide, but about half of their customers are in Washington.

History

Gravity Payments was founded in 2004 by brothers Dan Price and Lucas Price.

Company

Gravity Payments has growth rate has exceeded 100% annually and they say they distinguish themselves by giving their merchant clients:
#transparent pricing and business practices
#rates at 1/2 the margin of some competitors
#local service
#a commitment to sustainability.

Awards

Gravity Payments and its founders have won the following awards:
#2008 Homestreet Bank Small Business Spotlight Award
#2008 Puget Sound Business Journal 40 Under 40
#2007 2nd Place University of Washington Business Planning Competition
#2007 University of Washington Center for Innovation and Entreprenuership Service Innovation Award

ources

* http://seattlepi.nwsource.com/business/367984_gravity23.html
* http://seattletimes.nwsource.com/html/businesstechnology/2008062989_btinterface21.html
* http://www.thefalcononline.com/story/6322
* http://www.greensheet.com/gs_company_profiles.php?

* http://www.homestreetbank.com/business/spotlight.aspx
* http://bschool.washington.edu/cie/BPC/winners_07.shtml
* http://www.idahostatesman.com/235/story/496507.html
* http://www.nwnext.org/
* http://www.smartbrief.com/news/nfib/storyDetails.jsp?issueid=D98C1F90-85F8-441B-8B39-519D66ADF48D&copyid=4067AE8B-BF6A-4A1B-89A3-16E10CC5CC80
* http://www.idahobusiness.net/archive.htm/2008/06/23/Always-wanted-to-be-a-CEO
*


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