How they describe themselves: BlytzPay is on a mission to level the paying field. Payment inclusion to us means providing a solution that allows different socioeconomic classes an equally convenient, secure, efficient opportunity to participate in the world of digital payments. With a significant percentage of the world being cash-preferred customers, and a younger generation that is focused on real-time payments, we provide a mobile point of sale that serves all consumers-the top one percent, the bottom one percent, including people of all ages. By aggregating all payment methods via a payment hub-cards, ACH, and even a digital cash payment option – Blytz is truly allowing all types of payers to participate in our digital payments ecosystem.
How they describe their product/innovation: We provide solutions that allow customers to communicate and pay via text interaction. BlytzPay is as easy as TEXT. PAY. DONE. Communication is key, and we’re simplifying it. BlytzPay allows you to reach your customers right in their pocket with quick and streamlined text-to-pay solution. Whether you need to send an alert for bill payment or to tell your customer about the latest and greatest your company has to offer, BlytzPay’s customer communication management system allows merchants and customers to use the same two-way text communication they use with their family and friends. Coupling communication with a mobile point of sale arms your business with a powerful collection tool that accepts cards, ACH, and cash.
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms