Businesses face challenges in managing recurring payments, including administrative overhead, potential for fraud, and the risk of mistaken payments, leading to increased costs and customer disputes. Existing systems often lack robust payer authorization and agreement enforcement, creating vulnerabilities in the payment process.

Paypa Plane offers Smart Payment Agreements, a system designed to automate and secure recurring transactions through "mini smart contracts." These agreements ensure payer consent and provide protection against fraud and mistaken payments. The platform allows businesses to reduce administrative overhead while payers gain control over their automated payments via a comprehensive payer portal. By verifying payer identity, capturing consent, and enforcing agreement terms, Paypa Plane aims to increase successful ongoing payments and improve the overall payment experience for both businesses and payers.

Strong payer authority verification and consent capture, securely logged on a proprietary event timeline.

Agreement guardrails that check payments against pre-defined structures to prevent unauthorized transactions.

Automated reconciliation, customer care, and failed payment recovery features, including grace periods.

Payer portal for viewing payment schedules, managing payment methods, and self-managing payment days.

Customizable Smart Payment Agreements adaptable to various business needs.

Rich APIs and a white-label platform option for integration.

SOC 2 Type 2 and ISO 27001 certifications, ensuring bank-grade security and compliance.

The primary target audience includes businesses with recurring revenue models seeking to reduce administrative costs and improve payment security, as well as payers who desire greater control and transparency over their automated payments.