After lunch, ZipZap demonstrated its CashCade and CashPayment solutions:
“ZipZap has developed a revolutionary new suite of cash transaction solutions. CashCade provides eCommerce merchants with an automated cascading payment option ensuring every transaction is approved. No more lost revenue from card-based transactions being declined, as CashCade gives consumers the option to pay cash.CashPayment enables consumers worldwide to make payments for online purchases at offline locations using cash. Easily adapted to fit the needs of any eCommerce merchant, a consumer using the CashPayment option simply confirms the transaction online, prints the payment slip, takes it to the nearest Payment Center listed, and completes the transaction by paying the clerk with cash.”
Product Launched: January 2012 and May 2012
HQ Location: San Francisco, CA
Company Founded: December 2010
Metrics: $1.2 million angel investment funding, 8 employees
Website: zipzapinc.com
Introducing Alan Safahi (Founder & CEO) and Myles Gutenkunst (VP of Business Development)