Zeller provides a payments and financial services platform that enables businesses to accept payments via mobile devices using Tap to Pay technology, manage transaction accounts, and issue debit and corporate cards without monthly fees. This solution addresses the need for cost-effective financial management and streamlined payment processing for businesses of all sizes.
Funding
$133.6M 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
Many businesses, especially small and medium-sized enterprises (SMEs), face challenges with fragmented financial services, including payment acceptance, transaction account management, and expense management, often incurring monthly fees and lock-in contracts. Traditional EFTPOS systems can be expensive and inflexible, while managing multiple accounts and cards can be cumbersome.
Solution
Zeller offers a unified payments and financial services platform designed to streamline business finances. The platform enables businesses to accept payments via Tap to Pay on mobile devices, manage transaction accounts, and issue debit and corporate cards, all without monthly fees or lock-in contracts. Zeller's ecosystem includes an EFTPOS terminal, POS system, and the Zeller App, providing a comprehensive solution for payment processing and financial management. The platform also integrates with over 600 third-party point-of-sale systems, offering flexibility for businesses with existing infrastructure.
Target Audience
Zeller targets businesses of all sizes, including those in hospitality, retail, health & beauty, trades & services, pubs & venues, franchises, events, and startups, with a particular focus on Australian SMEs.
Features
- Tap to Pay functionality via the Zeller App on iPhone and Android smartphones
- Transaction accounts with no monthly account fees
- Debit Mastercards and Corporate Cards for expense management
- EFTPOS terminal for traditional payment acceptance
- Zeller POS Lite, a customizable point-of-sale system included with Zeller Terminal 2
- Integration with over 600 third-party point-of-sale systems
- Contact directory for managing customer information
- Real-time transaction monitoring and reporting
- 5% cashback on spending with Zeller Debit Card during promotional periods