PayPay is a mobile app that lets businesses pay any expense—bills, taxes, salaries, suppliers, or Pix transfers—using their existing credit‑card limit, with the option to split payments into up to 18 installments. By front‑ending payments to vendors and charging the credit card over time, it reduces financing costs by up to 70% compared to loans, late fees, or traditional installment apps, helping companies preserve cash flow and negotiate better purchase terms.
Funding
Funding not disclosed
Founders
Product
Problem
Many small and medium-sized businesses face cash‑flow constraints that force them to delay payments of taxes, supplier invoices, salaries, or other obligations, incurring penalties, higher financing costs, or missed growth opportunities.
Solution
PayPay is a fintech platform that lets companies use the available limit on their existing corporate credit card to pay any expense—bills, taxes, salaries, supplier invoices, or PIX transfers—and split the cost into up to 18 monthly installments. The recipient receives the full amount instantly, while the business pays the card balance over time, typically at a rate up to 70 % cheaper than traditional loans, overdraft fees, or late‑payment penalties. The app provides automated due‑date reminders, fraud protection, and a WhatsApp‑based payment assistant to help avoid missed deadlines. By converting credit‑card limit into a flexible financing tool, PayPay enables firms to preserve working capital, negotiate better purchase terms, and invest in growth without additional bureaucracy.
Target Audience
PayPay targets small and medium enterprises in Brazil that need extended payment terms for operational expenses, including retailers, service providers, and growing startups that already hold a corporate credit card.
Features
- Integration with any corporate credit card to draw on existing limit for payments
- Support for all major expense types: boletos, PIX, taxes, payroll, supplier invoices, and capital investments
- Installment plans of up to 18 months with interest rates up to 70 % lower than typical loans or late‑payment fees
- Instant settlement to payees while the payer amortizes the cost on the credit‑card statement
- Automated payment reminders and fraud alerts via the Paty virtual assistant, including WhatsApp notifications
- Mobile‑first workflow: app registration, card linking, expense selection, installment choice, and confirmation in five steps
- Real‑time tracking of upcoming due dates and organized view of pending bills by expiration date