Zewallet provides payment processing solutions for businesses, particularly eateries, integrating with POS systems to enable seamless transactions. Their platform offers businesses the ability to receive daily payments with competitive processing fees, enhancing cash flow management.
Funding
$25K 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
Restaurants often face challenges with table turnover due to slow payment processing, leading to guest frustration and staff overload, especially during peak hours. Traditional payment methods can be time-consuming, requiring server involvement and resulting in longer wait times for guests to settle their bills. This inefficiency can negatively impact both customer experience and restaurant profitability.
Solution
Zewallet offers a QR code-based payment system designed to streamline the bill payment process in restaurants. Guests can scan a table's QR code to view the menu and pay their bill directly from their smartphones, without needing to download an app or create an account. The platform allows guests to easily split the bill, add a tip, and apply promo codes, reducing server involvement and expediting table turnover. Zewallet integrates with existing POS systems, providing restaurants with an admin dashboard for managing payments, creating promotions, and accessing insightful reporting and accounting features.
Target Audience
Zewallet primarily targets restaurants seeking to improve table turnover, reduce operational costs, and enhance the guest payment experience.
Features
- QR code-based payment system enabling guests to pay via their smartphones
- Integration with existing POS systems for seamless transaction processing
- Bill-splitting functionality, allowing guests to easily divide costs among themselves
- Digital receipts eliminating the need for paper
- Admin dashboard for managing payments, promotions, and menu updates
- Reporting and accounting features providing insights into revenue, customer trends, and staff performance
- Daily payouts deposited directly into the restaurant's bank account
- Support for major credit cards, including Visa, Mastercard, American Express, and Discover