Rapay
Curated by SignalOpen banking APIs provider enabling instant payments for retailers.
Overview
Rapay is a provider of open banking APIs that specializes in digital cash collection systems and instant payment processing services aimed at retailers. The company targets small businesses by addressing the delays associated with debit card payment processing, which can take up to 36 hours. Rapay offers immediate cash flow and removes the necessity for expensive point-of-sale machines, allowing merchants to access instant payments and potential cost savings. The company operates through regulated entities and complies with the Financial Conduct Authority in the UK, which contributes to a solution designed to minimize risk for both clients and merchants.
Key facts
- Headquarters
- London, United Kingdom
- Stage
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- Industry
- Financial Technology
- Sector
- Banking Technology
Tags
Business model
- GTM channel
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- 3 products and services
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