Axify provides a payment gateway that enables businesses to accept prepaid installment payments through QR codes, allowing transactions in cash or via credit card at over 15,000 locations across Mexico. This solution simplifies the payment process for entrepreneurs by offering low commission rates and instant fund transfers, enhancing customer convenience and improving cash flow management.
Funding
$670K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many businesses in Mexico, especially smaller entrepreneurs, face challenges in offering flexible payment options to their customers, limiting their ability to attract a broader customer base. Traditional payment methods can be restrictive, hindering sales and cash flow, particularly when customers prefer installment plans or have limited access to credit cards.
Solution
Axify provides a payment platform that enables businesses to accept payments via QR codes at over 15,000 locations in Mexico, supporting both cash and credit card transactions. The platform allows businesses to create flexible payment plans and layaway systems, catering to customers who prefer installment options. By generating a unique QR code or payment link, merchants can receive payments instantly, improving cash flow and offering greater convenience to their customers. Axify's solution simplifies the payment process, allowing businesses to expand their customer reach and manage their collections more efficiently.
Target Audience
Axify primarily targets entrepreneurs, small businesses, and service providers in Mexico who need to offer flexible payment options to their customers. This includes businesses in sectors such as automotive, healthcare, and real estate.
Features
- QR code-based payment acceptance at over 15,000 locations across Mexico
- Support for both cash and credit card payments
- Flexible payment plan creation, including installment and layaway options
- Instant fund transfers to the merchant's account
- Payment links for remote transactions
- Mobile application for payment tracking and management
- Integration with existing business workflows through API