FloPay provides a digital payments platform that enables merchants in Guyana to accept secure, convenient, and cost‑free transactions, reducing cash handling and fraud risk. The solution automates payment processing, eliminating manual cash counting and freeing up time for business growth, while offering all necessary tools without extra monthly fees.
Funding
Funding not disclosed
Founders
Product
Problem
Many merchants in the Caribbean, particularly in Guyana, rely heavily on cash transactions, which are time‑consuming to count, increase the risk of theft and fraud, and limit the ability to serve customers efficiently.
Solution
FloPay offers a digital payments platform that lets merchants accept secure, convenient, and low‑cost electronic transactions without any additional monthly fees. The system automates payment processing, eliminating manual cash handling and reducing the time spent on reconciliation. By providing a free data SIM, the platform ensures point‑of‑sale connectivity even during power or internet outages, enabling on‑the‑go payments. Merchants receive a unified dashboard to monitor sales, manage transactions, and access real‑time analytics, allowing them to focus on business growth and customer service.
Target Audience
FloPay is aimed at small and medium‑size retail merchants, restaurants, and service providers operating in Guyana and the broader Caribbean region who need a reliable, low‑cost digital payment solution.
Features
- Integrated POS solution that supports card, QR, and mobile wallet payments with end‑to‑end encryption
- Automated transaction processing and real‑time settlement with no monthly subscription fees
- Free data SIM included to maintain connectivity during network or power disruptions
- Centralized dashboard for sales tracking, transaction history, and basic reporting
- Built‑in fraud detection and risk management tools to minimize theft and unauthorized transactions