Wava provides a secure, unified checkout experience across a network of online stores by storing customer information after their first purchase. Shoppers can then complete future purchases within the network with a one-time password and a single click, eliminating the need to re-enter personal and payment details.
Funding
Funding not disclosed
Founders
Product
Problem
Many online businesses in Latin America face challenges in offering diverse payment options to customers, particularly those who prefer using digital wallets like Nequi and Daviplata. Integrating these wallets into existing e-commerce platforms can be complex, costly, and time-consuming. This limitation can lead to lost sales and reduced customer satisfaction.
Solution
Wava provides a payment infrastructure that streamlines payment flows through digital wallets and real-time payments (RTPs) in Latin America. The platform offers a unified checkout experience that allows merchants to easily accept payments via Nequi, Daviplata, and other popular digital wallets. Wava integrates with e-commerce platforms like WooCommerce and Tiendanube via plugins, and also offers API connectivity for custom integrations. By simplifying the integration process and offering a seamless payment experience, Wava helps businesses increase sales, reduce transaction times, and cater to the growing preference for digital wallet payments.
Target Audience
Wava primarily targets e-commerce businesses in Latin America, particularly those using platforms like WooCommerce and Tiendanube, that want to offer digital wallet payment options to their customers.
Features
- One-click checkout for returning customers, reducing purchase time by up to 70%
- Integration with popular digital wallets such as Nequi and Daviplata
- Plugins for e-commerce platforms like WooCommerce and Tiendanube for easy setup
- API connectivity for custom integrations and dynamic payment link generation
- Real-time payment processing and transaction monitoring
- Fraud prevention measures and secure data tokenization
- Customer support via email, WhatsApp, and online chat
- Dashboard for managing transactions, generating payment links, and accessing analytics