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Payleadr - Mobile Recurring Payments Technology

Categories Securities, Unissued Securities
Sale Type Asking Price
Price Guide AUD Target Capital Raise A$1M
Status: Open

Summary:

Company Overview

Today many businesses operate, or seek to operate, a subscription model whereby they spread the price of a product of service over time and collect recurring payments from their customers to increase affordability and brand loyalty. The operational realities of these models provide a number of logistical challenges for SME’s which makes outsourcing the management of these payments attractive.

The Company’s proprietary and unique mobile technology lets businesses effortlessly manage recurring payments on the go, 24/7. Best of all, The Company’s solution is delivered at a price that gives margins the same boost as the customer experience.

Some of the key Company benefits are:

  • The platform eliminates payments friction at the point of sale, utilising the customer’s smartphones in the sign-up process eliminates manual data entry.
  • At no additional cost, the Company manages all follow up in the case of any unsuccessful payments – including the generation of customisable SMS and email credit control correspondence and managing the all re-billing attempts.

The Company’s Merchant Portal provides its clients with real time visibility over customer data, accessible to clients from any internet enabled device from wherever they may be. The Company also provides a separate portal for customers (i.e. payers), providing them with the ability to self-serve for changes to their account.

The Company holds an Australian Financial Services (AFS) licence and has signed a number of clients across a diverse range of industries.

 

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