Plick is a patented payment system that enables users to send unlimited amounts of money across Europe without the need for specific devices or software. It eliminates the requirement for IBAN knowledge and allows for customizable payment agreements, enhancing flexibility and accessibility in digital transactions.
Funding
$9.4M 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
Traditional methods of sending money across Europe often require knowledge of the recipient's IBAN and may involve specific devices or software, creating friction and limiting accessibility for users. These limitations can hinder the ease and flexibility of digital transactions, especially when dealing with individuals or businesses across different banking systems.
Solution
PayDo's Plick offers a patented payment system designed to streamline digital transactions across Europe by removing the need for IBANs or specific software. The platform allows users to send unlimited amounts of money within the Single Euro Payments Area (SEPA) region, enhancing flexibility and accessibility. Plick leverages existing banking security protocols to ensure secure transactions without requiring recipients to register for new services or adhere to specific banking circuits. Its customizable payment agreements enable users to schedule payments for a future date, providing control and transparency in financial interactions.
Target Audience
Plick primarily targets individuals, businesses, banks, Payment Service Providers (PSPs), and Electronic Money Institutions (IMELs) seeking a flexible and secure solution for digital payments across Europe.
Features
- Enables sending money without requiring the recipient's IBAN.
- Operates within the SEPA region, facilitating transactions across European banks.
- Adheres to banking security standards for secure transactions.
- Offers customizable payment agreements, including scheduled payments.
- Eliminates the need for specific devices, software, or service registrations.
- Supports multiple languages to cater to a diverse user base.