Payzli provides a suite of payment solutions, including a cloud-based gateway and custom business management software, designed to streamline payment processing for various business types. The platform addresses the challenges of high processing fees and complex payment integrations by offering zero processing fees and a single integration for multiple payment methods.
Funding
$6M 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 businesses face challenges with high payment processing fees and the complexity of integrating multiple payment methods. Existing payment solutions often lack flexibility and transparency, leading to unpredictable costs and operational inefficiencies.
Solution
Payzli offers a suite of payment solutions designed to streamline payment processing and reduce costs for businesses. The platform provides a cloud-based gateway, developer-friendly APIs, and custom business management software, enabling businesses to consolidate online payments within a single solution. Payzli supports various payment methods, including major credit cards, online payments, and contactless options like tap-to-phone, all through a single integration. The company differentiates itself by offering zero processing fees through built-in surcharge and cash discount programs, along with in-house underwriting for faster approvals and a flexible approach to accommodate various business types and risk levels.
Target Audience
Payzli primarily targets businesses of all types and risk levels, including those in hard-to-place verticals and emerging markets, with a focus on beauty businesses like nail salons and tattoo parlors.
Features
- Cloud-based payment gateway for consolidating online payments.
- Developer-friendly APIs for custom payment experiences.
- Zero processing fees through surcharge and cash discount programs.
- In-house underwriting for faster approvals.
- Support for various payment methods, including major credit cards, online payments, and tap-to-phone.
- Digital onboarding with real-time account updates via a centralized payment CRM.
- Proprietary business management software for customized payment experiences.
- Flexible approach to accommodate various business types and risk levels, including hard-to-place verticals.