Onvi is a mobile-first point-of-sale system that enables hospitality businesses to accept credit and debit card payments directly through smartphones using Tap to Pay technology. The platform addresses cash flow issues by offering instant withdrawals and allows businesses to take deposits via customizable payment links, reducing no-shows and improving revenue management.
Funding
$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 small businesses and sole traders face challenges with traditional point-of-sale (POS) systems, including high costs, complex setups, and delayed access to funds. These issues can strain cash flow and limit the ability to manage revenue effectively.
Solution
Onvi provides a mobile POS solution that enables businesses to accept card payments directly on their smartphones or tablets using Tap to Pay technology. The platform eliminates the need for additional hardware and offers instant withdrawals, providing immediate access to earnings. Onvi also allows businesses to create and send customizable payment links to customers via email, WhatsApp, or text, facilitating remote payments and reducing no-shows. The system provides real-time sales reports, enabling businesses to track performance and download data for accounting purposes.
Target Audience
The primary target audience includes small businesses and sole traders across various industries, such as retail, food and beverage, taxi and transportation, and leisure and recreation.
Features
- Tap to Pay functionality on smartphones and tablets, eliminating the need for card readers
- Instant withdrawals for immediate access to funds
- Customizable payment links for remote payments and deposit collection
- Real-time sales reports with downloadable data
- Compatibility with receipt printers for physical receipts
- Secure payment processing compliant with industry standards
- Low, flexible transaction fees without monthly contracts