TapTree operates a cashless payment processing platform that enables retail and food service businesses to accept various digital payment methods while automatically investing a significant portion of transaction fees into climate change mitigation projects. This approach allows businesses to facilitate secure transactions and contribute to environmental sustainability without incurring additional costs.
Funding
Funding not disclosed
Founders
Product
Problem
Many businesses face the challenge of accepting diverse digital payment methods while also seeking ways to contribute to environmental sustainability. Traditional payment processing solutions often lack integration with climate-conscious initiatives, requiring businesses to pursue separate and potentially costly environmental programs.
Solution
TapTree provides a payment processing platform that enables businesses to accept cashless payments and automatically allocate a portion of the transaction fees towards climate change mitigation projects. The platform integrates various payment methods, including credit cards, Apple Pay, Google Pay, PayPal, and Sofort, allowing businesses to offer customers flexible payment options. TapTree invests at least 80% of its earnings in climate protection measures, ensuring that each transaction contributes to carbon offsetting. By using TapTree, businesses can facilitate secure transactions and support environmental sustainability without incurring additional costs or managing separate climate initiatives.
Target Audience
TapTree's primary customers are retail and food service businesses of all sizes seeking to accept cashless payments while contributing to environmental sustainability.
Features
- Acceptance of major payment methods: Credit card, Apple Pay, Google Pay, PayPal, Sofort
- Automatic allocation of transaction fees to climate change mitigation projects
- Integration for both in-store and online payments
- Access to multiple acquirer banks for redundancy and security
- PCI DSS, PSD2, and GDPR compliance
- Carbon offsetting of at least 1 kg CO2 per transaction
- Support for one-time payments and subscriptions