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Coil

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Payment solution eliminating processing fees for businesses through ACH.

Overview

Coil is a fintech company that offers a payment solution aimed at removing processing fees linked to online transactions. The platform includes various products such as digital invoices, auto-bill subscriptions, ACH debits, and automated payment recovery. It targets businesses that aim to lower costs and reduce customer churn resulting from declined credit card payments. Coil operates through digital channels to provide secure and efficient payment options. By enabling bank payments online without processing fees, Coil seeks to address challenges in the payment processing sector and enhance the lifetime value of its clients.

Key facts

Founded
2022
Sector
Payments

Business model

Contact

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About Coil

What does Coil do?

Coil is a fintech company that offers a payment solution aimed at removing processing fees linked to online transactions.

Where is Coil headquartered?

Coil is headquartered in San Francisco, United States.

When was Coil founded?

Coil was founded in 2022.

Which sector is Coil in?

Coil operates in Payments, part of Financial Technology.

Who are Coil's competitors?

Companies similar to Coil include Palomma, BetterPay, and Magic.