Poolpay provides a plug-and-play payments infrastructure that integrates multiple payment methods into digital businesses, enhancing checkout efficiency and autonomy. The platform increases sales conversion rates by up to 25% and reduces transaction costs by up to 40%, addressing the challenges of payment processing and customer experience in online transactions.
Funding
$200K 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 digital businesses face challenges in integrating and managing multiple payment methods, leading to inefficiencies in checkout processes and increased transaction costs. This complexity can result in lower sales conversion rates and a suboptimal customer experience.
Solution
Poolpay offers a Payments as a Service (PaaS) infrastructure designed to streamline payment processing for digital businesses. The platform provides a single integration point for various payment methods, fraud prevention systems, and payment processors. By orchestrating payment routing and automating payment splitting, Poolpay reduces transaction costs, increases sales conversion rates, and enhances checkout efficiency. The platform also offers a customizable checkout experience and a unified dashboard for managing payments and reconciliation.
Target Audience
Poolpay primarily targets e-commerce businesses, marketplaces, and other digital businesses that require a flexible and efficient payment infrastructure to optimize their online transactions.
Features
- Smart routing: Intelligent payment routing to optimize transaction costs and approval rates.
- Split payments: Automated payment splitting for marketplaces and multi-party transactions.
- Unified integration: Single API for multiple payment processors and methods.
- Customizable checkout: User-friendly platform to activate and deactivate payment methods.
- Fraud prevention: Integrated anti-fraud system to minimize risks.
- Interactive dashboard: Centralized reporting and information for payment management.
- Payment link: Accept payments via shareable links.
- Recurring payments: Automated recurring billing for subscription-based businesses.