Minhaj Ahmed
CEO / Founder
Novopay
Novopay offers a mobile platform enabling businesses to accept card payments. Their solution provides an alternative to traditional point-of-sale systems, facilitating digital transactions for merchants.
- Financial Technology
- Software Only
Updated 7 months ago
Funding
Funding rounds are not available yet.
Founders
Product
Problem
Many businesses, especially smaller ones, face challenges with complex and opaque pricing structures from traditional card payment processors, leading to unpredictable costs. Additionally, managing PCI compliance and accessing timely support can be burdensome and costly for merchants.
Solution
Novopay offers simplified card payment solutions with transparent pricing and no hidden fees, providing an alternative to traditional merchant service providers. Their services include a range of card payment terminals that support various payment types, including contactless, chip and PIN, and mobile payments. Novopay also provides next-day settlements, giving businesses faster access to their funds. They offer fully managed PCI compliance, relieving merchants of the burden of questionnaires and non-compliance charges. A customer dashboard provides access to statements and invoices, and a UK-based support team is available to resolve issues.
Target Audience
Novopay primarily targets small to medium-sized businesses seeking transparent, low-cost card payment solutions with reliable support and fast access to funds.
Features
- Accepts all major payment types: contactless, chip and PIN, Apple Pay, and Google Pay
- Next-day settlements for improved cash flow
- Fully managed PCI compliance with no additional charges or questionnaires
- Online customer dashboard for accessing statements and invoices
- UK-based customer support team
- Options for countertop, portable, and e-commerce payment solutions
- No monthly minimum service charges
- Fast setup and delivery of terminals