Kuapay
Curated by SignalMobile payments
Overview
Kuapay is a payment service provider that combines digital wallet and mobile payments that allows consumers to present a one-time QR code to a merchant, authorize a purchase, and receive a receipt. For security purposes, Credit card information is not transmitted in the QR code. The system also includes location-based coupons and loyalty marketing. This one-time mechanism increases security over presenting a credit card number. As of 2013, Kuapay is used by over 600 merchants in the United States. Founder Joaquin Ayuso de Paul, co-founder of Tuenti.com, a popular Spanish social network sold to Telefónica for 100M $.
Key facts
- Founded
- 2011
- Headquarters
- Santa Monica, United States
- Stage
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- Industry
- Financial Technology
- Sector
- Payments
Business model
- GTM channel
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Contact
- Primary office
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- Phone
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