Paymish provides a secure payment gateway that enables businesses to accept real-time payments through various methods, ensuring instant access to funds even during bank holidays. By offering lower transaction fees and compliance with PCI-DSS and AML regulations, Paymish addresses the high costs and delays associated with traditional payment processing in Africa.
Funding
Funding not disclosed
Founders
Product
Problem
Businesses in Africa face challenges with traditional payment processing, including high transaction fees, delayed settlements, and limited access to funds during bank holidays. This can hinder cash flow and restrict business growth, especially for smaller enterprises.
Solution
Paymish provides a payment gateway that enables businesses to accept payments through various methods and receive instant access to funds, even during bank holidays. The platform supports multiple payment methods across web, mobile, Android, and iOS platforms. Paymish also offers payment links, allowing businesses to securely collect payments from customers on the go. The system is PCI-DSS certified and implements anti-fraud measures to protect businesses from fraudulent transactions.
Target Audience
The primary target audience includes businesses in Africa seeking a reliable and efficient payment processing solution to improve cash flow and expand their reach.
Features
- Instant settlements, providing immediate access to funds.
- Support for various payment methods across web, mobile, Android, and iOS.
- Custom payment links for secure remote payment collection.
- PCI-DSS certification ensuring secure data handling and fraud prevention.
- AML compliance, adhering to Anti-Money Laundering and Counter-Terrorism Financing laws.
- High-end encryption to safeguard funds and sensitive data.