FinovateEurope 2011 Video Archives >> PrivatBank (Liqpay.com)


Website: www.liqpay.com
HQ Location:
Dnepropetrovsk, Ukraine
Company Founded: 2005
Product Being Demoed: “$hop App for Facebook”, “Invoice Solution” and “Auction App for Facebook”
Product Launched: October 2010
Metrics: Liqpay.com is a self-sustained project up to date, 5 employees, more than 1,300,000 registered users (from more than 30 countries), $800k in revenues, and more than 10,000 merchants connected to the system.




Presenter Profile How they describe themselves: Liqpay.com is the universal payment platform which combines secure and the simplest p2p money transfers between end-to-end users, payment acceptance solution for merchants and also rich set of powerful and flexible API for developers. Liqpay.com’s vision for their customers is that in principle if you have a mobile phone, you already own an account in Liqpay.com.

How they describe their product/innovation: Simple eCommerce solutions for banks including “$hop App for Facebook”, “Auction app for Facebook”, and “Invoice Solution”, that can be integrated into i-banks (both for individuals and businesses). These solutions can provide mass and easy access to eСommerce for i-bank customers. “$hop App for Facebook” and “Auction app for Facebook” are social oriented solutions as they are placed to social networks where customers can pay for products with Visa/MasterCard. All accepted payments are disbursed to linked bank account or any credit/debit card in i-bank.

  • “$hop App for Facebook” allows a person / company to create a store in the i-bank and place it on the Facebook page. It includes integrated payment acceptance and merchant / partners payouts (Liqpay payment gateway and API for Banks),  built-in affiliate program, socialization of trade
  • “Auction app for Facebook” allows a person/company to create lots and place it on the auction storefront in Facebook. It includes integrated payment acceptance (Visa, MasterCard), and accepted payments are disbursed to company bank account or card account.
  • “Invoice Solution” allows banks to integrate “invoice solution” into i-bank. Any Company/ person, connected to i-bank, can create an invoice 1) directly from i-bank 2) or by placing “invoice” button anywhere on the web. Created invoice is sent to Customer by email/SMS/Fax. Any customer can pay for company services by cards via internet (Liqpay) or by wire transfer. Payments are disbursed to company bank account or card.

Key Executives: Alexander Vityaz (Founder & CEO)

Key Investors, Partnerships: PrivatBank

Customers: PrivatBank (#1 bank in Ukraine) has already implemented “$hop App for Facebook”, “Auction app for Facebook”, “Invoice Solution” to its i-bank (both for individuals and businesses). AVIAS, Ukrainian Air Alliance (Dniproavia, Aerosvit, Donbassaero), PEOPLEnet. Liqpay is perfect for banks, financial institutions, retail chains, end users, merchants, mobile operators, airlines, and payment systems of real or virtual 3-currencies.

Contacts:
Bus. Dev., Sales: Maria Gurina, Liqpay Business Development Officer, marija.gurina@liqpay.com, +380665277569
Press: Alexander Vityaz, Founder & CEO, alexander.vityaz@gmail.com

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