Papaya Payments
Papaya Payments offers a Quickpay Widget that allows consumers to pay bills using their camera without needing an app, account, or login, and provides secure payment solutions for various industries.
Services
Papaya Payments offers a Quickpay Widget that enables consumers to pay bills using their camera without the need for an app, account, or login. The platform provides payment solutions across various industries, including healthcare, government & municipalities, field services, utilities, debt collection, and insurance. Their service reduces collections for late or non-payment by 15% and decreases inbound phone calls by 20%. Papaya also provides enterprise-level encryption to ensure data security. The company collects payments instantly each month via SMS text message, email, iOS, or Android.
History
Papaya Payments was founded in 2016. The company has achieved significant milestones, such as raising $50 million in Series B funding. It has been recognized as one of the Best Places to Work by Built in LA. Their modern bill payment platform processes bills for hundreds of thousands of billers across the United States, helping billers get paid faster and more often.
Customer Reviews
Papaya Payments has received nearly 20,000 reviews on Google Play and over 100,000 reviews on the Apple App Store. They have facilitated over 2.5 million Americans in paying their bills. The company's user-friendly Quickpay Widget and seamless payment solutions have garnered a significant user base and positive feedback.
Compliance and Security
Papaya Payments ensures that all transactions are secure and compliant with industry standards. The company uses enterprise-level encryption and is PCI, HIPAA, and SOC2 compliant. These measures guarantee secure payments and the protection of user data.
Innovative Payment Solutions
Papaya Payments provides frictionless, secure, reliable, and seamless payment solutions. Their platform allows users to scan a QR code on paper statements for bill pay via photo, without the need for an app, account, or login. This innovative approach helps streamline billing, achieving a 63% payment rate within 20 days and cost-saving measures for organizations.