payactive is a sustainable payment platform that simplifies digital transactions for businesses by offering automated modules for direct debit and bank transfers. The platform enables recurring payments and invoicing while promoting positive environmental impact through its Social Cashback initiative.
Funding
$754.2K 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 complexities in managing digital transactions, especially with recurring payments and invoicing, leading to inefficiencies and increased administrative overhead. Existing payment solutions often lack integration with sustainable practices, missing the opportunity to contribute positively to the environment.
Solution
payactive is a payment platform designed to streamline digital transactions for businesses while promoting environmental sustainability. It offers automated modules for direct debit and bank transfers, simplifying recurring payments, invoicing, and one-time payments. The platform integrates seamlessly with existing systems via a REST API, allowing businesses to send invoices and receive payments securely. Through its Social Cashback initiative, payactive invests a portion of each transaction into projects that mitigate climate change, enabling businesses and their customers to contribute to a better world at no extra cost.
Target Audience
payactive targets businesses with recurring revenue models, such as SaaS platforms, membership organizations, co-working spaces, and utility companies, that seek efficient payment processing and a commitment to sustainability.
Features
- Automated payment modules for SEPA direct debit and bank transfers
- Digital end-to-end invoicing and payment processing
- Subscription management tools for automated recurring payments with variable dates and amounts
- REST API for integration with existing accounting and CRM systems
- Social Cashback program that invests in environmental projects with each transaction
- Mobile-optimized payment process
- Automated billing and dunning processes
- Support for one-time instant payments