YetiPay provides card payment solutions through its proprietary card readers and online payment links, enabling businesses to accept payments in-person, online, and over the phone without hidden fees or long-term contracts. The platform addresses the need for quick and reliable payment processing, offering next-day payouts and 24/7 support to enhance operational efficiency for merchants.
Funding
Funding not disclosed
Founders
Product
Problem
Many businesses face challenges with traditional card payment solutions, including hidden fees, long-term contracts, and outdated technology. This can lead to reduced profitability and operational inefficiencies due to slow transaction speeds and unreliable support.
Solution
YetiPay offers a suite of card payment solutions designed to streamline payment processing for businesses. The platform provides access to card readers and online payment links, enabling merchants to accept payments in-person, online, and over the phone. YetiPay differentiates itself by offering transparent pricing with no hidden fees or long-term contracts, next-day payouts, and 24/7 live support. The company's card machines support various payment methods, including Visa, Mastercard, Maestro, American Express, China UnionPay, Girocard, and Bancontact.
Target Audience
YetiPay primarily targets small to medium-sized businesses across various sectors, including hospitality, retail, and service industries, seeking reliable and cost-effective payment processing solutions.
Features
- 4G and WiFi connectivity for uninterrupted payments
- Next-day payouts to improve cash flow
- 24/7 live support and dedicated account managers
- Pay by Link feature for secure online payments via SMS and email
- MOTO (Mail Order/Telephone Order) payments accepted at no additional cost
- YetiPay app for tracking transactions and processing refunds
- Two device options:
- Yeti Summit: portable, printer-free with a 5-inch touchscreen and all-day battery
- Yeti Peak: counter-ready with integrated receipt printing and a 5.5-inch touchscreen
- Compatibility with various business tools and accounting software
- Flexible 30-day rolling contracts or longer-term contracts (18-36 months) for lower costs