CSI Enterprises’ Incubator Environment Focuses on Startup Payment Technologies to Foster Next Wave of Disruption in Payments

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Newly formed company, CSI Kick Start, Inc., builds upon the globalVCard brand to create incubator environment where innovative startup payment technologies such as Yoke Payments are being discovered and developed.

We are actively seeking stalled or startup payment technologies that disrupt the status quo of business payments.

A leader in corporate payments for over 26 years, CSI Enterprises’ key to success has been a relentless focus on innovation, including the launch of the globalVCard brand in 2011, which enables leading brands to automate payables with its award-winning virtual card technology. Today, it’s not only the company’s employees that thrive in CSI’s entrepreneurial culture. With the launch of CSI Kick Start, Inc., it’s also startups that are benefiting from both the environment and resources necessary to create the next evolution of disruptive payment technologies.

CSI Kick Start seeks to invest in startup payment technologies, and Yoke Payments is a great example. Entrepreneurs preparing to break into the nutritional micro market space lacked only one thing to make their dream a reality. The co-founders from startup Delicious Nutritious Markets brought their idea to CSI’s founder Keith Stone, and together with the globalVCard team, they developed the concept of a self-checkout POS system designed specifically for unattended outlets such as micro market or retail shops.

The resulting Yoke Payments app is unique in that it combines both self-checkout and inventory management all in one payment system. “We are fortunate to have joined forces with CSI globalVCard,” said Michael Johnson, co-founder of Delicious Nutritious Markets. “Their expertise and mentorship have been invaluable in bringing our vision to reality, and the potential we now have to transform an entire industry is exciting.”

While originally designed to support Delicious Nutritious’ micro markets, this innovative mobile payment app can benefit any business looking to empower customers to scan, pay and checkout from any mobile device. Ideal environments include corporate markets, hospitals, fitness centers and retail stores desiring to implement self-service kiosks.

“This is a natural fit with globalVCard Spend Secure, which is a powerful mobile payment app that gives businesses complete control over spending and the ability to manage both virtual cards and plastic credit cards in real-time,” said Keith Stone, CSI’s President and CEO. This is the type of innovation that we are actively seeking with the launch of CSI Kick Start – stalled or startup payment technologies that disrupt the status quo of business payments and align well with our expertise.”

To foster similar innovation internally, CSI recently launched the Adobe Kickbox program, encouraging employees to think beyond the scope of their job and instead envision the future of payments. Employees are empowered to not only bring new ideas to the table, but also are provided with the resources necessary to develop and present business plans that could earn big prize money and rewards, including the chance to lead CSI’s next spinoff business.

Learn more about CSI’s innovative culture at https://www.csiglobalvcard.com/our-company/.

About CSI Enterprises
Founded in 1989, CSI Enterprises has provided innovative payment solutions to world leading brands, while providing the highest level of customer service. The company’s highly secure financial payment products include the award-winning globalVCard® virtual payment solutions and mobile payment applications, corporate purchasing cards, and business fleet fueling/maintenance payment cards. Businesses rely on CSI’s products to control spending, reduce costs and increase profits in all areas of B2B spending including accounts payable, business travel and fuel purchases. Learn more at http://www.csiglobalvcard.com.

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Kristi Grigsby
CSI globalVCard
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