iPay Digital offers secure eCheck payment processing and merchant account services for businesses. Their platform provides tools designed to improve transaction efficiency and convenience for both merchants and customers.
Funding
Funding not disclosed
Founders
Product
Problem
Many businesses face challenges with high transaction fees and complex payment processing systems, impacting their profitability and operational efficiency. Traditional payment methods can be costly and cumbersome, leading to reduced revenue and increased administrative overhead.
Solution
iPay Digital offers a suite of payment processing solutions, including eCheck, ACH, and credit card processing, designed to streamline transactions and reduce costs for businesses. The platform provides tools for online check verification, secure ACH payments, and comprehensive merchant account services. iPay Digital's solutions are tailored to meet the unique needs of various industries, from e-commerce and retail to high-risk sectors, ensuring secure and efficient payment processing. With features like real-time verification, recurring billing, and API integrations, iPay Digital helps businesses optimize their payment workflows and improve cash flow. The platform also offers zero-cost processing options, allowing businesses to shift transaction fees to customers, further enhancing profitability.
Target Audience
iPay Digital serves a diverse range of businesses, including e-commerce stores, retail merchants, high-risk industries, and enterprises seeking cost-effective and efficient payment processing solutions.
Features
- eCheck processing with real-time verification and same-day funding options
- Secure ACH payment processing with instant bank verification
- Credit card processing with high transaction approval rates and flexible reserve terms
- Zero-cost processing options through surcharging and cash discount programs
- Comprehensive API for custom integrations and shopping cart compatibility
- Support for various payment entry methods, including routing and account numbers, online bank login, and credit/debit cards
- Recurring billing and payment links for streamlined invoicing
- Bulk upload via CSV or Excel for efficient payment management
- Integration with Plaid for seamless bank account linking
- Dual pricing technology for displaying cash and card prices at the point of sale