Mani Rahnama
Founder
RapidCents
RapidCents provides an online payment processing platform that enables businesses to securely accept various payment methods, including credit and debit cards, through a customizable API and virtual terminal. The service addresses the need for transparent pricing and efficient transaction processing, with a straightforward fee structure of 2.9% plus 30¢ per transaction and no hidden costs.
- Enterprise Software
- Financial Technology
- Software Only
Updated 7 months ago
Funding
Funding rounds are not available yet.
Founders
Product
Problem
Many small businesses struggle with online payment processing due to high costs, hidden fees, and complicated setup procedures. This can limit their ability to accept various payment methods and hinder their growth potential.
Solution
RapidCents offers a straightforward and affordable online payment processing platform designed for small businesses. The platform enables secure acceptance of credit and debit card payments through a customizable API and virtual terminal. RapidCents emphasizes transparent pricing with a flat transaction fee, eliminating hidden costs and simplifying payment management. The platform provides a suite of tools to streamline payment processes, including invoicing, a customer portal, and recurring payment plans.
Target Audience
RapidCents primarily targets small businesses and online ventures seeking affordable and easy-to-use payment processing solutions.
Features
- Customizable API for seamless integration with existing websites and applications
- Virtual terminal for processing remote payments
- Support for major credit and debit cards (Visa, Mastercard, American Express, Visa Debit, Mastercard Debit)
- Transparent pricing with a flat 2.9% + 30¢ per transaction fee
- No setup fees or monthly charges
- Invoicing and billing tools for efficient payment collection
- Customer portal for managing payment information
- Recurring payment plans for subscription-based businesses
- Online food ordering system
- Donation platform
- Fraud prevention measures to protect against fraudulent transactions