Swiipr

About Swiipr

Swiipr Technologies utilizes NFC (Near Field Communication) technology to facilitate contactless transactions, enabling customers to complete purchases without physical interaction. This solution provides a safer and more hygienic alternative in environments where traditional contact methods can pose health risks.

```xml <problem> Airlines often struggle with outdated and inefficient processes for compensating passengers and crew during flight disruptions, leading to significant financial losses and negative customer experiences. Traditional methods rely on paper vouchers and manual processing, resulting in delays, increased administrative costs, and potential for fraud. </problem> <solution> Swiipr Technologies offers a platform that automates and streamlines disruption payments for airlines, enabling instant compensation and operational payouts directly to passengers' and staff's mobile wallets or physical cards. The platform integrates with existing airline systems and IROPS rules, providing a centralized solution for managing payments, reporting, and compliance. By digitizing the payment process, Swiipr reduces claim processing costs, minimizes passenger stress, and enhances brand reputation through real-time, point-of-problem compensation. The system supports virtual cards via Apple Pay and Google Pay, as well as pre-loadable physical cards redeemable worldwide. </solution> <features> - Instant issuance of virtual or physical cards to passengers and crew - Integration with Apple Pay and Google Pay for mobile wallet payments - Centralized platform for managing flight delay, disruption, and operational payouts - Real-time reporting and analytics for regulatory compliance and customer insights - Built-in IROPS rules and airline-specific policy uploads for simplified payment processing - API-first approach for seamless integration with existing IT infrastructure - Secure, multi-layered protection with a multi-region cloud environment and encryption - Mobile app for managing virtual cards and tracking spending </features> <target_audience> Swiipr's primary customers are airlines seeking to modernize their disruption management processes, reduce costs associated with passenger compensation, and improve overall customer satisfaction. </target_audience> ```

What does Swiipr do?

Swiipr Technologies utilizes NFC (Near Field Communication) technology to facilitate contactless transactions, enabling customers to complete purchases without physical interaction. This solution provides a safer and more hygienic alternative in environments where traditional contact methods can pose health risks.

Where is Swiipr located?

Swiipr is based in Crawley, United Kingdom.

When was Swiipr founded?

Swiipr was founded in 2019.

How much funding has Swiipr raised?

Swiipr has raised 7700000.

Location
Crawley, United Kingdom
Founded
2019
Funding
7700000
Employees
31 employees
Major Investors
Octopus Ventures

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Swiipr

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Executive Summary

Swiipr Technologies utilizes NFC (Near Field Communication) technology to facilitate contactless transactions, enabling customers to complete purchases without physical interaction. This solution provides a safer and more hygienic alternative in environments where traditional contact methods can pose health risks.

swiipr.com700+
cb
Crunchbase
Founded 2019Crawley, United Kingdom

Funding

$

Estimated Funding

$5M+

Major Investors

Octopus Ventures

Team (30+)

No team information available.

Company Description

Problem

Airlines often struggle with outdated and inefficient processes for compensating passengers and crew during flight disruptions, leading to significant financial losses and negative customer experiences. Traditional methods rely on paper vouchers and manual processing, resulting in delays, increased administrative costs, and potential for fraud.

Solution

Swiipr Technologies offers a platform that automates and streamlines disruption payments for airlines, enabling instant compensation and operational payouts directly to passengers' and staff's mobile wallets or physical cards. The platform integrates with existing airline systems and IROPS rules, providing a centralized solution for managing payments, reporting, and compliance. By digitizing the payment process, Swiipr reduces claim processing costs, minimizes passenger stress, and enhances brand reputation through real-time, point-of-problem compensation. The system supports virtual cards via Apple Pay and Google Pay, as well as pre-loadable physical cards redeemable worldwide.

Features

Instant issuance of virtual or physical cards to passengers and crew

Integration with Apple Pay and Google Pay for mobile wallet payments

Centralized platform for managing flight delay, disruption, and operational payouts

Real-time reporting and analytics for regulatory compliance and customer insights

Built-in IROPS rules and airline-specific policy uploads for simplified payment processing

API-first approach for seamless integration with existing IT infrastructure

Secure, multi-layered protection with a multi-region cloud environment and encryption

Mobile app for managing virtual cards and tracking spending

Target Audience

Swiipr's primary customers are airlines seeking to modernize their disruption management processes, reduce costs associated with passenger compensation, and improve overall customer satisfaction.

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