Payex is a payment gateway that enables freelancers and online sellers to collect payments through flexible methods such as payment links, QR codes, and subscription billing, facilitating transactions without the need for physical terminals. The platform addresses cash flow challenges by ensuring rapid fund settlement within 1-2 working days and offering a 0% instalment payment plan to enhance sales opportunities.
Funding
$250K 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 freelancers and online sellers face challenges in efficiently collecting payments, often relying on cumbersome methods or being limited by geographical constraints. Traditional payment systems can also delay fund settlement, impacting cash flow and hindering business growth, especially for smaller businesses.
Solution
Payex is a payment gateway designed to streamline payment collection for freelancers and online businesses, offering tools like payment links, QR codes, and subscription billing to facilitate transactions. The platform enables businesses to accept payments without the need for physical terminals, expanding their reach and sales opportunities. Payex addresses cash flow issues by providing rapid fund settlement, typically within 1-2 working days, and offers a 0% instalment payment plan to make purchases more accessible to customers. By integrating with popular e-commerce platforms and providing developer-friendly APIs, Payex simplifies payment processing and enhances the overall transaction experience for both merchants and customers.
Target Audience
Payex primarily targets freelancers, online sellers, and small to medium-sized enterprises (SMEs) looking for efficient and flexible payment solutions to enhance their sales and cash flow.
Features
- Payment links and QR codes for instant payment collection, suitable for remote transactions
- Subscription payment options for recurring billing, reducing manual processes and late payments
- 0% instalment payment plans through partnerships with banks, increasing sales conversion rates
- WooCommerce plugin for seamless integration with e-commerce websites
- Fast onboarding process with no setup or annual fees
- Automatic fund settlement in 1-2 working days
- Southeast Asia payment acceptance, enabling businesses to sell in Indonesia, Thailand, Vietnam & the Philippines
- Referral program for earning passive income through referred sales
- API documentation and developer tools for custom integrations