CardAlpha provides an integrated point of sale (ePOS) and card payment solution for independent retailers, utilizing a mobile app and the Pax A920 Pro card terminal to streamline sales processes. The platform reduces transaction fees and simplifies inventory management, enabling businesses to efficiently accept payments and generate sales reports while minimizing operational costs.
Funding
$230K 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
Independent retailers often face challenges with fragmented sales processes, high transaction fees, and complex inventory management. Traditional point-of-sale systems can be expensive and cumbersome, hindering efficiency and profitability for small businesses.
Solution
CardAlpha offers an integrated point-of-sale (ePOS) and card payment solution designed to streamline sales processes for independent retailers. By combining a mobile app with the Pax A920 Pro card terminal, CardAlpha enables businesses to efficiently manage inventory, accept payments, and generate sales reports. The platform aims to reduce transaction fees and simplify operations through features like digital receipts, phone-based payments, and a web-store builder, all within a monthly subscription model. CardAlpha partners with Worldpay for merchant accounts and next-day settlements, providing a comprehensive solution for modern retail needs.
Target Audience
CardAlpha primarily targets UK-based sole traders and limited companies in the independent retail sector seeking an integrated and cost-effective point-of-sale solution.
Features
- Integrated ePOS and Pax A920 Pro card terminal for streamlined sales
- Low transaction fees: 0.49% + 1p for UK consumer debit cards, 0.80% + 1p for UK consumer credit cards
- Inventory management: add item details, images, prices, discounts, and inventory levels
- Sales reports and trends: track sales performance and identify key trends
- Digital receipts: issue email or QR code receipts
- Phone-based payments: securely process card details collected over the phone
- Web-store builder: launch an online store with a separate price plan
- Employee management: create sub-accounts for employees with restricted permissions
- Compatibility with Star Micronics printers and mPOP bluetooth-enabled cash drawer