Shop Talk: FreedomPay settling quickly into SaaS transaction market

Having spent than 20 years in the electronic transaction industry, Sam Bellamy has done his time.

With those two decades of experience, he’s helping pushing Wayne-based transaction firm FreedomPay in a new direction.

And what he’s amazed about today includes a much smaller time investment: fractions of a second.

The privately-held company, which provides payment and transaction solutions to small and mid-sized businesses with a Software as a Service platform, has six patents pending for its processing technology, which can provide real-time feedback at the point-of-sale for companies with thousands of products in their inventory.

“It’s massive amounts of information analyzed in milliseconds,” Bellamy says.

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