ParaQR Elektronik Para ve Ödeme Hizmetleri offers a mobile wallet, invoice collection, money transfer, and virtual POS services that facilitate secure and efficient financial transactions for businesses and consumers. By utilizing QR code technology and physical POS systems, the company addresses the need for fast payment processing and streamlined invoice management without requiring additional hardware.
Funding
Funding not disclosed
Founders
Product
Problem
Businesses and consumers in Turkey need more efficient and secure methods for financial transactions, especially regarding mobile payments, invoicing, and virtual point-of-sale (POS) systems. Existing solutions often require additional hardware or lack seamless integration, leading to inefficiencies in payment processing and invoice management.
Solution
ParaQR Elektronik Para ve Ödeme Hizmetleri provides a suite of digital payment solutions, including a mobile wallet (CepQR), physical POS systems, virtual POS, and physical money transfer services. The company streamlines financial transactions by enabling users to easily request and receive payments, manage invoices, and conduct money transfers. ParaQR's solutions leverage QR code technology to facilitate fast and secure payments, while its virtual POS system allows businesses to accept payments without monthly fees, charging only when a sale is made. The CepQR mobile wallet further simplifies payment processes by allowing users to create professional invoices and track their payment status.
Target Audience
ParaQR primarily targets businesses in Turkey seeking to streamline their payment processes and consumers looking for secure and efficient mobile payment solutions.
Features
- **CepQR Mobile Wallet:** Enables users to send and receive payments, create and manage invoices, and track payment status.
- **QR Code Payments:** Facilitates fast and secure payments through QR code scanning, eliminating the need for additional hardware.
- **Virtual POS:** Allows businesses to accept payments online without monthly fees, with charges applied only upon successful transactions.
- **Physical POS Systems:** Provides businesses with physical POS devices for accepting payments, enhancing customer satisfaction and operational efficiency.
- **Physical Money Transfer (FPT):** Enables businesses to become physical money transfer service points, allowing customers to conduct secure and fast transactions.
- **Account Plans:** Offers tiered account plans (Onaysız, Onaylı, Sözleşmeli) with varying transaction limits and features to accommodate different user needs.
- **Contactless Payments:** Enables businesses to accept contactless payments via mobile phones, streamlining transactions without requiring extra hardware.