Paymob Smart Payments

Edinburgh
Seeking investment

Paymob keen to empower banks and fintechs with on-land payment infrastructure accompanied by the multi-banking payment gateway including both the best in class hardware and bespoke software. Turn a smartphone into a contactless payment terminal with certified by VISA and Mastercard “Tap-on-Phone” mobile application developed by Paymob. As well, Paymob connects a single Smart/Soft POS interface via a proprietary payment gateway to many acquirers at the same time and navigates the payment to the cheapest rate.

Paymob is one of the world’s leading innovative service company. We provide financial institutions with an ability to accept bank cards payments organisations and one of the world’s top influencers to current payments projects, Paymob committed to fostering the collaborative effort required to transform how people, governments and businesses transact and interact with payments.

Paymob is an innovative service provider unlock an ability to accept credit cards anywhere in the world. We also, provide universal access to international payment systems: VISA, MasterCard, Alipay, American Express etc. with very flexible, practical, intuitive and reliable functional. The service allows you to accept payments by VISA, Master cards, using a mobile terminal and free application, available for iOS and Android devices.

Paymob provides clients with the consulting and systems integration capabilities to design and rapidly adopt multi-channel payment gateway, Smart POS and the latest Soft POS solutions. Paymob helps clients leverage the global scale, business domain expertise, and deep payments integration experience required for the application of these technologies.

The Paymob system is a complete solution for the customer’s implementation of the in-house project of fiscalization and acquisition using combination devices, including for accepting payments using QR codes, as well as Soft POS.

The system also expands the standard functionality on EFTPOS terminals by implementing additional features and lowering hardware and service infrastructure operating cost – thus increasing revenue. The Paymob Payment Gateway solution developed in compliance with international payment system requirements for servicing chip-based, contactless and other types of cards. The solution meets international card security standards such as PCI PA DSS, PCI-DSS Level 1 and Visa PIN Security Program. The software solution is P2PE compliant, which significantly simplifies the process of DCI DSS Level 1 certification for merchants.

 

Our unique selling proposition is an ideal solution for banks which need a quick and convenient method for non-cash and cash payments at the same time.

 

LinkedIn https://www.linkedin.com/company/paymobtech/

Instagram https://www.instagram.com/paymobtech/

Facebook https://www.facebook.com/Paymob-POS-104119208012218/

 

Paymob Group is an experienced IT firm founded in 2011 and focuses on card payment services, bank processing systems, mobile devices and payment terminals.

The team counts 30 software engineers and PhDs. Total headcount is 55 employees spread around the globe. Over 420,000 POS machines connected to Paymob’s proprietary software deployed either in-house of the banks’ perimeters or cloud instances in 29 banks across nine countries. The company develops innovative products that meet all international security standards for electronic payment. Paymob’s creative work is known for its integrated platform for mobile commerce and banking services using a customised app. The solution certified by big payment systems and the most potent processing solutions Tieto, OpenWay, BASE24, Compass Plus, SmartVista, D8 Corporation, etc.

The majority of customers are traditional banks with merchant services. Sberbank is a customer we most proud of. Sberbank today is the largest bank in Russia and a leading international financial institution. It is Russia’s most valuable brand and one of the world’s top 25 brands. Sberbank has 11 Regional Banks that are responsible for the functioning of more than 14,000 branches in 83 of Russia’s regions. Sberbank headcounts 281,000. Paymob serves number one and number three most prominent banks in Kazakhstan.

 

Until now, Paymob has supplied traditional card machines from Ingenico and Verifone and over 70,000 Smart POS Terminals with proprietary software.

Overview

  • Funding Stage Post-seed
  • Trading for 1-5 years
  • Employees 11-50
  • Sector Payments
  • Valuation N/A

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