ZMBIZI offers TAP AND PAY™, a mobile payment solution that enables merchants to accept card payments directly through their Android smartphones without the need for additional hardware. This service addresses the challenges of mobile businesses by providing a reliable, PCI-compliant method for processing transactions quickly and securely, accommodating major payment methods like Visa, Mastercard, Apple Pay, and Google Pay.
Funding
$15M 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
Mobile businesses often struggle with the cost and inconvenience of traditional card readers for processing payments. Existing solutions may suffer from connectivity issues, card compatibility limitations, and reliance on customers sharing personal information.
Solution
ZMBIZI offers TAP AND PAY™, a mobile payment solution that enables merchants to accept contactless card payments directly on their Android smartphones without requiring additional hardware. The application transforms compatible smartphones into payment terminals, providing a cost-effective and streamlined transaction process. TAP AND PAY™ supports major payment methods, ensuring broad customer accessibility and eliminating the need for external card readers or reliance on cash transactions. The platform is PCI-compliant, providing a secure and reliable method for processing transactions on the go.
Target Audience
The primary target audience includes mobile businesses, vendors, and service providers who require a simple, cost-effective, and reliable way to accept card payments on the go.
Features
- Accepts Visa, Mastercard, Apple Pay, and Google Pay directly on Android smartphones (OS 11 and up)
- No additional hardware or card reader required
- PCI-compliant for secure transaction processing
- Contactless payments up to $100 without PIN
- Mobile application for easy onboarding and account activation