Company Performance Metrics
- Lewis Gersh: InvestorPast Role: PebblePost, Chief Stamp Licker
Payz enables merchants to easily accept payments of all types, including credit card, ACH, and cash via a Payz account -- an “electronic wallet” that is preloaded by a consumer with monetary value. Through cross-merchant data analytics & branded loyalty programs, merchants lower shopping cart abandonment and see an increase in transactions.
Established retailers can wrap Payz service around their existing payment system including PayPal, Stripe, Dwolla, et al. Merchants can build their own payment experience, brand it themselves, keep transactions onsite and drive loyalty through gift cards -- helping merchants convert sales by taking a consumer-centric approach to payments.
Payz is a privately held Ingk Labs portfolio venture enhanced by the acquisition of ORCA, Inc. in 2012.
