Personal Pay is a mobile digital wallet that lets users load money, link bank accounts, and make QR‑code payments, bill payments, and prepaid top‑ups directly from their smartphones. It includes a Visa‑branded prepaid card (with optional teen cards) and a tiered cash‑back program that rewards higher usage, while offering merchants a low‑cost QR payment solution and in‑app prepaid sales.
Funding
Funding not disclosed
Founders
Product
Problem
Many consumers in Argentina lack a convenient, secure way to manage everyday payments, reload prepaid balances, and access cash‑back benefits without visiting physical stores or dealing with multiple apps. Small businesses also struggle to accept digital payments quickly and affordably.
Solution
Personal Pay is a mobile digital wallet that lets individuals load money, make QR‑based payments, pay bills, and purchase prepaid services directly from their smartphones. The app integrates a Visa‑branded prepaid card that can be used online and in‑store, while offering tiered cash‑back and rebate programs that increase with usage. Users can request additional cards for teenagers (ages 13‑17) that draw from the primary account, enabling family spending control. For merchants, the same app provides a QR‑code payment solution and the ability to sell prepaid top‑ups, expanding their sales channels without extra hardware. Security features such as a PIN lock and encrypted transactions protect user funds, and the platform includes educational content to promote financial literacy.
Target Audience
Personal Pay targets individual consumers seeking an all‑in‑one digital wallet and prepaid card, families wanting controlled spending for teens, and micro‑merchants who need a low‑cost QR payment solution.
Features
- Mobile wallet with instant bank‑account linking, cash deposits via Rapipago/Pago 24, and peer‑to‑peer transfers
- Visa International prepaid card (primary and up to three additional cards) usable worldwide for online and offline purchases
- QR‑code payment acceptance for small businesses, plus in‑app sale of prepaid top‑ups
- Tiered “levels” program that automatically grants monthly cash‑back rebates and discounts based on app activity
- 20 % rebate and extra credit on all Personal mobile‑recharge transactions
- PIN‑protected access and end‑to‑end encryption for secure fund management
- Integrated financial‑education blog and tips to help users improve budgeting and credit scores