Payments Engineering offers solutions to increase payment volume and reduce transaction costs for merchants and publishers. They enable businesses to expand into new markets by facilitating diverse payment methods and reaching a wider customer base. Their services aim to optimize payment processes and drive revenue growth for their clients.
Funding
$1.8B 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
Merchants and publishers face challenges in maximizing payment volume and minimizing transaction costs, especially when expanding into new markets with diverse payment method preferences. Integrating various payment systems and optimizing back-office processes can be complex and resource-intensive.
Solution
Payments Engineering provides end-to-end payment technology integration services, helping businesses navigate the complexities of modern payment systems. They offer expertise in areas such as kiosk/point-of-sale systems, API integrations, e-commerce and digital wallets, payouts/disbursements, and back-office processing automation. By partnering with banking and platform providers, Payments Engineering enables clients to access new income streams and customer segments. Their services streamline payment operations, reduce costs, and accelerate the deployment of new payment technologies.
Target Audience
The primary target audience includes payment service providers (PSPs), banks, credit unions, fintech companies, and e-commerce businesses seeking to optimize their payment infrastructure and expand into new markets.
Features
- Hardware-agnostic solutions for kiosk and point-of-sale systems
- API integration with forward-thinking banking and platform partners
- Expertise in digital payments and mobile wallets (e.g., Apple Pay, Google Pay)
- Solutions for simplifying outgoing payments and mass disbursements
- Automation and optimization of back-office payment processing
- Research and training on emerging payment technologies
- Software engineering services including backend, frontend, and database development
- Product development services including roadmap creation and product launch
- Program management services including project management and research & strategy
- Operations automation through custom integration and tooling