Payhere provides card terminals and an online payment gateway that support various payment methods, including NFC and mobile wallets, to streamline transactions for businesses across multiple industries. The platform eliminates monthly fees and additional costs, enabling merchants to manage orders, payments, and customer data efficiently while reducing operational expenses.
Funding
$45.4M 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 small and medium-sized businesses (SMBs) face challenges with fragmented point-of-sale (POS) systems, leading to inefficiencies in managing orders, payments, and customer data. Traditional POS solutions often come with high upfront costs, monthly fees, and complex contracts, making them inaccessible or unattractive for budget-conscious businesses.
Solution
Payhere provides a comprehensive and affordable POS solution that streamlines transaction processing and business management for SMBs. The platform offers a range of POS options, including mobile, tablet, and PC-based systems, along with integrated hardware like card terminals and kiosks. Payhere supports various payment methods, such as cards, NFC, mobile wallets, and local currencies, ensuring businesses can accept payments from any customer. By eliminating monthly fees and offering a suite of integrated features, Payhere enables merchants to efficiently manage their operations, reduce costs, and enhance the customer experience.
Target Audience
Payhere primarily targets small to medium-sized businesses across various industries, including restaurants, cafes, retail stores, and service providers, looking for an affordable and comprehensive POS solution.
Features
- Mobile POS application compatible with tablets, laptops, and smartphones
- Support for diverse payment methods, including card, NFC, Apple Pay, Samsung Pay, and local payment options
- Integrated card terminal for secure and fast payment processing
- Kiosk mode for self-service ordering and payment
- Real-time sales data and analytics for informed decision-making
- Customer management tools for loyalty programs and targeted marketing
- Inventory management features for tracking stock levels and optimizing product offerings
- Table ordering system to manage orders directly from the table