Paynt unveils new business funding solution for merchants
By Gloria Methri
European payments provider Paynt has recently launched Paynt Funding, a fully embedded cash advance solution that provides merchants of any size to access extra funds in no time.
More user-friendly than a typical bank loan, Paynt Funding promises speed, transparency, and dynamic repayments that are adjusted to individual merchants’ revenue, so they never have to pay back more than their business can afford. The loan comes with no fixed monthly payments, strict deadlines, or hidden fees.
Paynt noted that many small and medium-sized enterprises are experiencing financial pressure as the cost of doing business continues to rise. Having processed millions of transactions for SMEs worldwide, the payment provider said it understands the needs of its merchants. Therefore, a financial solution is being introduced to help businesses regain control of their cash flow.
“Given the challenges faced by many merchants in the SME segment, we are happy to bring to market our revenue-based funding product ‘Paynt Funding.’ Our merchants now have the ability to easily access additional capital within minutes and on terms that suit their needs. Paynt Funding is the latest of our embedded products and an important step in our journey towards offering our clients a seamless and fully integrated financial services experience,” said Sam Kohli, Founder of Paynt.
Paynt is a fully integrated global payment solution and infrastructure provider with offices located across Europe, the UK, and the US. Its flagship product is Acquiring-as-a-Service, targeted specifically at the reseller segment, ISO, ISV, payment service providers, and SaaS companies.
The company offers access to omnichannel payment acceptance capabilities and launched a new platform that automates and streamlines functions required to onboard, manage, and retain merchants.
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