Oxpay offers a digital account platform that automates and centralizes payment processes for transportation companies, enabling batch payments via PIX, TED, and boleto. This solution eliminates administrative burdens and reduces payment processing time, enhancing operational efficiency for transport firms and their drivers.
Funding
$3.5M 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
Transportation companies face administrative burdens and time-consuming processes when managing payments to drivers, often relying on manual methods and disparate systems. This can lead to inefficiencies, errors, and increased operational costs.
Solution
Oxpay provides a digital account platform designed to automate and centralize payment processes for transportation companies. The platform enables batch payments via PIX, TED, and boleto, streamlining the payment workflow. Oxpay also offers features such as customizable user access, an API for integration with existing TMS and other systems, and multi-factor authentication to prevent duplicate payments. By automating payment processes and offering digital tools, Oxpay reduces administrative overhead, minimizes the risk of errors, and enhances operational efficiency for transport firms and their drivers.
Target Audience
Oxpay primarily targets transportation companies seeking to streamline payment processes, reduce administrative costs, and improve driver satisfaction.
Features
- Batch payments via PIX, TED, and boleto
- API for integration with TMS and other systems
- Customizable access and permissions for multiple users
- Multi-factor authentication and duplicate payment alerts
- Digital contracts and background checks for drivers
- Document storage in the cloud for up to 10 years
- Digital accounting services for driver regularization (MEI opening)
- Driver benefits including a free digital account, freight advances, telemedicine, and discounts