Aeropay
About Aeropay
Aeropay provides a bank-to-bank payment solution using ACH technology, enabling fast and secure transactions without the need for cash or cards. The platform addresses the inefficiencies and risks associated with traditional payment methods by offering instant payouts and robust fraud prevention measures.
```xml <problem> Traditional payment methods like credit cards and cash come with inherent risks of fraud, high transaction fees, and slow processing times, creating inefficiencies for businesses and consumers alike. These methods often lack seamless integration with modern digital platforms, hindering the user experience and increasing operational overhead. </problem> <solution> Aeropay provides a bank-to-bank payment solution that leverages ACH technology to enable secure and fast transactions without the need for cards or cash. The platform facilitates instant payouts and robust fraud prevention measures, addressing the limitations of traditional payment systems. By connecting directly to customer bank accounts, Aeropay offers a streamlined payment experience for both online and in-person transactions, reducing fraud risk and improving cash flow. The system supports various use cases, including online payments, subscriptions, and instant payouts, all managed through a unified API suite. </solution> <features> - Secure bank linking using Aerosync for customer authentication. - Real-time fraud detection and prevention mechanisms. - Payments Widget SDK, Custom Payments API, Online Prepayments PREAUTH, QR codes, and payment links. - Instant payouts available 24/7, including weekends. - Extensive bank coverage for seamless connections. - Subscriptions Widgets and Custom Subscription Solutions API. - Unified API suite for simplified integration with existing systems. - Bank-level encryption to ensure data security. </features> <target_audience> Aeropay primarily targets businesses across various industries, including health and wellness, gaming, retail (both brick-and-mortar and e-commerce), and B2B sectors like legal and accounting, as well as consumers seeking a secure and convenient payment method. </target_audience> <revenue_model> Aeropay generates revenue through customized pricing plans based on specific business requirements, which can be obtained by contacting their sales team. </revenue_model> ```
What does Aeropay do?
Aeropay provides a bank-to-bank payment solution using ACH technology, enabling fast and secure transactions without the need for cash or cards. The platform addresses the inefficiencies and risks associated with traditional payment methods by offering instant payouts and robust fraud prevention measures.
Where is Aeropay located?
Aeropay is based in Chicago, United States.
When was Aeropay founded?
Aeropay was founded in 2017.
How much funding has Aeropay raised?
Aeropay has raised 25000000.
- Location
- Chicago, United States
- Founded
- 2017
- Funding
- 25000000
- Employees
- 67 employees
- Major Investors
- Group 11