ZirooPay provides a mobile card reader that enables small businesses to accept card payments without requiring an internet connection, utilizing secure GSM channels for transactions. This solution addresses the challenge of payment processing in areas with limited connectivity, allowing businesses to operate and grow in emerging markets.
Funding
Funding not disclosed
Founders
Product
Problem
Many small businesses, particularly in emerging markets, face challenges accepting card payments due to unreliable or unavailable internet connectivity. This limitation restricts their ability to process transactions and hinders business growth.
Solution
ZirooPay offers a mobile payment solution that enables businesses to accept card payments without requiring an active internet connection. The system utilizes secure GSM channels to process transactions, ensuring reliable payment acceptance even in areas with limited data coverage. The ZirooPay card reader is EMV level 1 and 2 certified and employs DUKPT encryption to secure payment data. The solution includes a mobile application that allows businesses to manage products, track sales, and generate reports.
Target Audience
The primary target audience includes small business owners and merchants in emerging markets who require a reliable and secure mobile payment solution, especially in areas with limited or unreliable internet connectivity.
Features
- EMV-certified card reader accepting debit, credit, and loyalty cards (MasterCard, Visa, Verve/Discover)
- Supports Chip and PIN, contactless, and magstripe payment technologies
- Secure GSM connectivity for payment processing without internet access
- Mobile application for Android devices, available for free download
- Real-time sales tracking and reporting with export functionality to Excel
- Option to send e-receipts to customers, customizable with brand elements
- Product catalog management with categories, images, discounts, and VAT settings
- Supports refunds, cash advances, and cashback services