Kartera provides a bank-to-bank payment processing platform that enables businesses to accept low-cost payments directly from customers' bank accounts, significantly reducing transaction fees by up to 90%. The solution enhances customer loyalty through integrated rewards and real-time payment tracking, while also implementing robust fraud prevention measures to safeguard transactions.
Funding
$85M 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.
ISFounders
Product
Problem
Businesses face high transaction fees when accepting card payments, which can significantly impact profitability. Traditional payment methods also lack integrated customer loyalty programs, hindering repeat purchases and customer retention. Furthermore, businesses are constantly challenged by the need to safeguard against payment fraud, requiring robust and costly security measures.
Solution
Kartera offers a bank-to-bank payment platform that enables businesses to accept payments directly from customer bank accounts, reducing transaction fees by up to 90%. The platform integrates customer loyalty and rewards programs, incentivizing repeat purchases and enhancing customer lifetime value. Kartera also provides real-time payment tracking and comprehensive fraud prevention measures, including bank-level encryption and advanced risk assessment, to ensure secure transactions and minimize potential losses. The solution integrates with existing payment stacks, providing a seamless alternative to card payments.
Target Audience
Kartera primarily targets merchants and businesses of all sizes looking to reduce payment processing costs, enhance customer loyalty, and improve payment security.
Features
- Direct bank-to-bank payments for significantly reduced transaction fees
- Integrated customer loyalty and rewards programs to drive repeat purchases
- Real-time payment tracking and management dashboard for clarity and control
- Customizable payment options, including subscriptions, one-off, and custom payments
- Bank-level encryption and advanced fraud prevention measures for secure transactions
- Seamless integration with existing payment systems via API
- Real-time risk assessment to prevent fraudulent activities
- Ability to easily view, adjust, void, or refund transactions