ShaBaas Pay provides payment and invoicing solutions for businesses in Australia, offering secure and cost-effective transactions. They also provide cashback rewards to consumers who use their platform for payments.
Funding
Funding not disclosed
Founders
Product
Problem
Many small businesses in Australia face challenges with payment processing, including high transaction fees and delays in receiving funds. Traditional POS systems can be cumbersome, and online payment solutions often lack the ability to easily collect customer reviews to improve business reputation.
Solution
ShaBaas Pay offers a streamlined payment and invoicing solution designed for Australian small businesses, enabling instant payments with low transaction fees. Businesses can generate invoices directly from a smartphone app and share a payment QR code, allowing customers to pay instantly from their bank accounts. The platform also facilitates the collection of Google reviews from customers, helping businesses enhance their online presence and build customer loyalty. ShaBaas Pay aims to reduce costs, accelerate payment settlements, and simplify the payment process for both businesses and their clients.
Target Audience
The primary target audience includes Australian small business owners and sole traders across various industries looking for cost-effective and efficient payment processing solutions.
Features
- Instant invoice generation and sharing via a mobile app
- QR code payments for fast and secure transactions
- Low transaction fees at $0.99 per transaction for the Pay-As-You-Go plan
- Instant fund settlement to business accounts
- Automated Google review collection to improve online reputation
- Customer reward program to incentivize early payments and increase loyalty
- Online payment acceptance through a dedicated checkout page
- Subscription-based pricing plans with varying invoice limits and features