Oedeal provides a suite of payment solutions, including e-invoice POS, cash register POS, and mobile POS, enabling businesses to accept payments from multiple banks through a single contract. The platform addresses the need for efficient payment processing by offering next-day fund availability and zero commission fees, streamlining financial transactions for over 125,000 merchants.
Funding
$3.6M 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 face challenges in efficiently processing payments from multiple banks due to the need for separate contracts and systems. This complexity can lead to increased administrative overhead, delayed access to funds, and added commission fees, hindering financial operations.
Solution
Oedeal offers a suite of integrated payment solutions, including e-invoice POS, cash register POS (ÖKC), simple POS (EFT POS) and mobile POS, designed to streamline payment acceptance for businesses. The platform enables merchants to consolidate payment processing from various banks through a single contract, simplifying financial management. Oedeal facilitates next-day fund availability and, in some cases, offers zero commission fees, providing businesses with faster access to their earnings. The mobile POS solution transforms smartphones into POS devices, enabling payment acceptance from any location, while the e-invoice POS allows for the creation and sharing of invoices with customers.
Target Audience
Oedeal primarily targets businesses of all sizes that require efficient and streamlined payment processing solutions, including retailers, service providers, and e-commerce businesses.
Features
- E-invoice POS: Create and share unlimited e-invoices and accept payments from multiple banks through a single POS.
- Cash Register POS (ÖKC): Connect to compatible cash registers to accept payments.
- Simple POS (EFT POS): Accept payments with next-day fund availability.
- Mobile POS: Turn smartphones into POS devices compatible with iOS and Android.
- Single contract for payment processing across multiple banks.
- Option for zero commission fees and advantageous rates for installment payments.
- 24/7 call center support specifically for POS services.
- Flexible options to rent or purchase POS devices.