Pateno Payments provides customizable API-based payment solutions that facilitate real-time money transfers, electronic funds transfers, and secure card issuing for businesses. By streamlining payment processes and enhancing security, Pateno addresses the challenges of fraud and inefficiency in online and prepaid card transactions.
Funding
Funding not disclosed
Founders
Product
Problem
Businesses face challenges with online payment fraud and inefficiencies in electronic fund transfers, prepaid card transactions, and real-time money movement. Existing payment processes can be cumbersome, insecure, and difficult to integrate into existing systems, hindering business growth and creating unnecessary administrative overhead.
Solution
Pateno Payments offers a suite of customizable, API-driven payment solutions designed to streamline and secure business payment processes. The platform facilitates real-time money transfers, electronic funds transfers, and secure card issuing, addressing key pain points in online and prepaid card transactions. Pateno's solutions integrate directly into existing web pages, portals, and apps via secure APIs and SFTP, eliminating the need to adopt new applications. By automating payments and providing multiple connection options, Pateno enables businesses to scale payment capabilities, enhance security, and focus on core business development.
Target Audience
Pateno Payments primarily serves businesses seeking to streamline payment processes, enhance security, and scale their payment capabilities through API-driven solutions.
Features
- Real-time money transfers via e-Transfer
- Electronic funds transfer (EFT) capabilities for collecting receivables
- Secure card issuing solutions, including single-use cards, to mitigate fraud
- On-demand card printing for efficient account card management
- Visa Direct integration for international and domestic fund transfers
- Bill payment platform for simplified bill payment processing
- Identity verification solutions for automated and accurate account validation
- Loan management and origination tools for managing loan portfolios and automating loan approvals
- Virtual wallet products for merchant-branded payment services
- Bespoke payment development services, including online portals, mobile apps, and loyalty programs