PAYZEE - Transforming Transactions,
Empowering Merchants -
Elevate Your
Retail Experience with Seamless
QR Payments!"
About us
At Payzee, we aim to revolutionize retail payments in the US and empower merchants of all sizes to provide a seamless payment experience to their customers using QR codes
Problem
- MARKET GAP
- CUSTOMERS
- FINANCIALS
- COSTS
- In the US Market, most merchants, from large stores to the mom-and-pop stores utilize device-based payments. QR code payments have not caught on in the US despite being the predominant payment method in many emerging markets
- No leader in QR code payments. Players like PayPal and Venmo are trying to target multiple audiences through their Apps. No pure QR code payment solution that is seamless for customers.
- The Payments market in the US is vast with mostly legacy technologies and a wide array of payment processors. There is a major opportunity for an app that is purely transaction based and with enough functionality to differentiate it from the likes of Paypal and Venmo
- Retailers, large and small, spend considerable effort in keeping their payment systems up-to-date. This app envisions of being payment as a service to unencumber Merchants from those efforts.
Solution
PAYZEE MERCHANT APP
- Merchant Registration
- Merchant ACH Account enrollment and management
- Support for multiple ACH accounts with default account designation
- Alternate Tipping flow for Restaurants
- Role Creation and Privilege Management
- User Role Assignments
- QR Code Payment Flow with dynamic and tokenized code per transaction
- Security Timeouts
- Transaction reversal flow for disputes
- Merchant Reporting
- Transaction search and history
PAYZEE CUSTOMER APP
- Customer Registration
- Customer Credit card on file (CCOF) enrollment and management
- Support for multiple CCOF accounts with default cad designation
- QR Code Payment Flow with option to change payment method on the fly
- Customer tipping amount selection if Merchant is enrolled to that functionality
- Customer Reports
Product Benefits
- Helps Merchants get away from having to maintain pin pads and peripherals that support payments
- Enables a wallet app for merchants who must undertake a high degree of customization to introduce such functionality
- Helps reduce the staggering amount of support tickets related to Payment issues that retailers traditionally face
- Helps Customers receive a unified payment experience irrespective of where they shop
- Insightful reporting that helps customers track spend and merchants with their sales
- Handles reversals within app helps merchants in the return management process
- Highly configurable app helps cater to multiple segments – large retailers, mom and pop stores, restaurants, coffee shops, etc.
- Improves security in payment processing through dynamic tokenization
- Supports default payment methods with high degree of flexibility in changing payment method on the fly
- Simplified app that does not try to be everything for everyone, but rather acheive excellent in few core features