Helcim offers a payment processing platform with transparent interchange‑plus pricing and a disclosed 0.4% margin, eliminating hidden fees, monthly account charges, and cancellation penalties. The service includes a suite of tools such as virtual terminal, online invoicing, hosted payment pages, recurring billing, and API/SDK integrations, plus hardware options sold or leased at fixed prices. Real‑time reporting, a secure card vault, and per‑incident chargeback/NSF pricing help small to mid‑size merchants manage costs and streamline transactions.
Funding
$20M 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.
5OFounders
Product
Problem
Many merchants face opaque payment processing costs, including flat-rate fees, hidden surcharges, and mandatory monthly or contract fees, which reduce profitability and make it difficult to predict expenses.
Solution
Helcim provides a payment processing platform that uses transparent interchange‑plus pricing, passing only the actual network costs plus a disclosed margin. The service eliminates monthly account fees, minimums, and cancellation penalties, allowing businesses to keep more of their revenue. Merchants can access a suite of tools—including virtual terminal, online invoicing, hosted payment pages, recurring billing, and API/SDK integrations—without additional subscription costs. Hardware options such as a stand‑alone smart terminal, card readers, and tap‑to‑pay on iPhone are offered at fixed purchase prices or low‑cost leasing, with optional 4G connectivity. Real‑time reporting and a card vault for secure storage of payment data further streamline operations, while chargeback and NSF handling are priced per incident.
Target Audience
Helcim targets small to mid‑size businesses, including retail stores, service providers, and e‑commerce merchants, that need affordable, transparent payment processing and a flexible set of sales tools.
Features
- Interchange‑plus pricing with a disclosed +0.4% per transaction margin, no hidden fees
- No monthly account, software, or cancellation fees; zero‑cost onboarding and PCI compliance
- Hardware lineup: Helcim Smart Terminal (POS, printer, 4G), card reader, and iPhone tap‑to‑pay
- Virtual Terminal for desktop payments and Online Invoicing for creating and sending invoices
- Hosted Payment Pages and No‑code Online Checkout for quick e‑commerce setup
- Recurring Payments and Card Vault for secure storage of card and bank account data
- APIs and developer tools for custom workflow integration and hundreds of pre‑built software extensions
- Real‑time reporting dashboard with transaction analytics and performance insights