Digitzs provides a Payments as a Service platform that integrates payment processing directly into merchant software, enabling real-time account creation and transaction management without the need for traditional payment facilitator registration. This solution reduces friction in payment workflows, enhances user retention, and generates ongoing revenue for software platforms by automating fee collection and reporting.
Funding
$3.6M 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
Merchant software platforms often face friction and attrition when integrating payment processing, as connecting users to existing gateways can be cumbersome and lead to user abandonment. Traditional payment facilitator registration involves significant costs, delays, and overhead, hindering platform growth and revenue potential.
Solution
Digitzs offers a Payments as a Service platform that streamlines payment integration directly into merchant software, enabling real-time account creation and transaction management without the complexities of becoming a registered payment facilitator. The platform automates fee collection and reporting, reducing friction in payment workflows and enhancing user retention. By baking payments directly into the user experience, Digitzs helps platforms increase conversions and generate ongoing revenue. The solution provides personalized, proactive white-label merchant support, including chargeback assistance and real-time credit increases.
Target Audience
The primary target audience includes white-label software platforms in industries such as ticketing, fine payment, car dealerships, and POS systems that require seamless payment integration and the ability to rapidly onboard new merchants.
Features
- Real-time merchant account creation within the platform's UX
- Automated payment splitting to collect platform fees
- White-label merchant support for chargeback resolution and credit limit adjustments
- API integration for payment processing, transaction management, and deposit reporting
- Support for Visa, MasterCard, Discover, American Express, ACH, and ApplePay
- Customizable reporting portal or access to the IQ dashboard for real-time transaction details
- Platform-agnostic API compatible with various programming languages