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.
Funding
$7.7M 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.
- Startup funding source · Source unavailable
Founders
Product
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Airlines often struggle with outdated and inefficient processes for compensating passengers and crew during flight disruptions, leading to significant financial losses and negative customer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.
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.
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