Imagine Depositing Your paycheck to your Favorite Sponsor merchant payment and banking app - Paymency Can Make this a reality

The current generation of merchant customer apps include ample rewards and specials to bring the consumer closer to the merchant. The purpose is to increase sales and profits. Paymency will make merchants even closer to the customer with a new payment app feature that will also save merchants 50% to 90% of card fees. Plus, with Paymency, the merchant payment app can be used at any enrolled merchant that will also typically include merchant loyalty rewards. In this example, imagine using your Costco app at any merchant, online or offline. The sponsor merchant, like Costco, will support your purchases because Costco will share in our payment transaction fees. This has never been done before.

Why would other non sponsor merchants participate? Because they will save 50% to 90% of current card fees. Done with nothing more than a Paymency Logo button on their POS like Visa or MasterCard.

Paymency allows selected merchants and organizations to open accounts and hold funds as done by Starbucks. We call those merchants, Sponsor Merchants. Unlike Starbucks, the merchant payment app can be used at other merchants and the Sponsor Merchants will share in our payment transaction fees when it is used at unrelated merchants. That’s right, sponsor merchants lower card fees by ~50%, hold funds like done at Starbucks and share in Paymency payment transaction fees.

Paymency is built on a new Cloud payment network and new proprietary clearing house that is integrated into merchants existing payment apps. Prior to Paymency, the last payment network was Discover in 1985 and the last clearing house was ACH in 1974.

Paymency Clearing House is our secret sauce. A clearing house has been missing from FinTech. Banking and payments in China, India and Africa were an inspiration for our design. We had to adapt for US banking law and the US economy. We see merchants as a better partner than chat apps as done in China. The Paymency clearing house allows us to clear our payments fast and at a low cost. According to Bloomberg, US banks are terrified of Chinese Payment Apps. In China, more than 2 Billion consumers now use Alipay and WeChat to replace cash and in some cases replace the consumers bank.


GREAT PRICING  Merchants that use Paymency Merchant Payment App Network will enjoy easy to understand pricing plans with minimal start-up costs and no hidden fees. It’s that Simple! Our prices are based upon the number of transactions you process and not on a percentage of sale or base plus amount. All prices are disclosed so you know what to expect. We charge all merchants as little as a few pennies for a $1 sale or 24 cents for a $100 sale. Try asking your merchant services provider to explain their pricing. How do we do it? Remove middleman, easy technology driven self-service. We have done this before.
With Paymency Merchant Payment App, the money is held safely in the sponsor merchant’s possession in advance of the customers spend. The purchase can be at sponsor merchant or any enrolled merchant. Merchants will enroll because they save 50% to 90% of what they currently pay card companies.
AUTOMATIC CONFIRMATION AND RECEIPT GENERATION Don’t want to print a receipt? No problem. Your customer will receive an instant text receipt and you will have a quick confirmation of the payment for your records. The process is very user friendly for merchant and customer. .....and it's eco-friendly!
All merchants have, or will have, a proprietary loyalty reward program that will make typical bank card reward programs pale in comparison.
Social Digital Marketing As we all know, Social Digital Marketing can be costly, time consuming and somewhat intimidating. Merchants are developing customer apps with rewards and specials. Our lower cost payments and shared transaction fees enhances merchant rewards and offers. We gather non-specific and non-confidential but needed aggregated information to communicate with all Paymency merchants to increase sales, branding and marketing. We will enhance your Social Digital Marketing program. Watch and learn from Starbucks, that holds ~$1.6 Billion in customer funds for payments, but payments only at Starbucks.