This platform enables businesses to generate and send payment links via messaging apps like WhatsApp for remote card transactions. Customers can securely pay using Visa, Mastercard, and American Express without the need for a physical terminal. The service offers flexible commission plans based on usage volume.
Funding
Funding not disclosed
Founders
Product
Problem
Many small and medium-sized enterprises (SMEs) in Mexico face challenges in accepting card-not-present payments, limiting their ability to conduct online transactions efficiently and securely. Existing payment solutions can be complex to integrate and may not offer the necessary fraud protection and monitoring tools.
Solution
Tutum Pay is a payment gateway designed specifically for Mexican SMEs and micro-businesses, enabling them to securely accept remote payments through payment links or integrated payment buttons on their websites. The platform offers a centralized dashboard for managing transactions, monitoring balances, and handling chargebacks. Tutum Pay facilitates credit and debit card payments, as well as alternative payment methods like SPEI and cash payments at convenience stores. Its features include fraud prevention, 3DS authentication, and network tokenization to reduce declines and enhance security.
Target Audience
Tutum Pay primarily targets small and medium-sized businesses (SMEs) and micro-businesses in Mexico that need a secure and easy-to-integrate solution for accepting online payments.
Features
- Payment links that can be shared via WhatsApp, SMS, or email
- Customizable payment buttons for website integration, allowing businesses to add their logo and branding
- Support for credit and debit card payments (Visa, Mastercard, American Express)
- Acceptance of alternative payment methods, including SPEI transfers and cash payments at convenience stores
- Real-time transaction monitoring and reporting via an intuitive dashboard
- Advanced fraud detection and prevention tools
- 3DS authentication for enhanced security
- Network tokenization to reduce decline rates and protect cardholder data
- PCI DSS compliance to ensure data security
- Technical support and integration assistance