Funding
Funding not disclosed
Founders
Product
Problem
Local merchants often lack affordable digital payment solutions that also help attract and retain customers, while consumers have limited incentives to choose community businesses over larger retailers.
Solution
NeoPay offers a digital payment platform tailored for local merchants, enabling them to accept card, mobile wallet, and QR-code payments with minimal setup costs. The platform integrates a rewards engine that automatically credits shoppers with points or discounts tied to each purchase, encouraging repeat visits. Merchants can configure community-focused promotions that link spending to tangible benefits, creating a “pay local, win big” experience. Transaction data is aggregated in a merchant dashboard, providing insights into sales trends and customer behavior. By combining payment processing with loyalty incentives, NeoPay helps small businesses increase sales volume and improve customer retention without requiring separate marketing tools.
Target Audience
NeoPay targets independent retailers, cafés, and service providers operating in local neighborhoods who need a cost-effective way to accept digital payments and drive customer loyalty.
Features
- Integrated payment acceptance for cards, mobile wallets, and QR codes through a single merchant interface
- Automated rewards system that issues points, coupons, or cash-back offers instantly after each transaction
- Customizable promotion builder allowing merchants to create community-specific incentives and campaigns
- Real-time sales analytics dashboard with transaction history, customer spend patterns, and redemption tracking
- API and POS plugin support for seamless integration with existing checkout hardware and e‑commerce platforms