The startup operates an online payments platform that utilizes 3D security, fraud detection, and machine learning to create a secure transaction environment. This platform enables merchants in high-risk industries to efficiently process payments while minimizing fraud and maximizing revenue potential.
Funding
$2.4M 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.
Founders
Product
Problem
Many payment platforms automatically label certain legal industries as "high-risk," leading to blanket restrictions and hindering their ability to efficiently process payments. This can result in lost revenue and unnecessary operational challenges for these businesses.
Solution
Edge provides a payment platform designed to support merchants in diverse legal industries, offering tailored solutions based on thorough underwriting rather than broad categorizations. The platform provides end-to-end payment processing, data analytics, and financial management tools, enabling businesses to accept a variety of payment methods, including credit and debit cards, mobile payments, and digital wallets. Edge's solution includes a hosted checkout page optimized for conversions, a developer-friendly API for custom integrations, and robust fraud protection measures with customizable rules and real-time transaction analysis. The merchant dashboard offers valuable insights into payment processing performance, empowering businesses to make data-driven decisions.
Target Audience
Edge targets merchants in diverse legal industries, including apparel, generative AI, digital pharmacy, digital streaming, fantasy sports, and more, who require a dependable and transparent payment processing partner.
Features
- Supports a wide range of payment methods, including credit/debit cards, mobile payments, and digital wallets
- Hosted checkout page optimized for desktop and mobile devices, allowing branding customization
- RESTful API for streamlined payment flow with a single integration
- Real-time fraud monitoring with customizable rules and advanced analytics
- Merchant dashboard providing insights into payment volume, transaction amounts, and other key metrics
- Automated card account updater to minimize declined payments due to expired or renewed cards
- Supports one-time and recurring billing for subscriptions
- Simplified PCI compliance