Donations By Phone
- Website
- Location
- Company size
- 1-10 people
- Company type
- Startup
- Market
TikiPal careers
PROBLEM: Micropayments don't work.
WHY?
Donor point of view:
* The hassle of entering credit card information, remembering PayPal passwords is too much to justify the transaction.
Merchant point of view:
* Credit card and PayPal fees get inversely higher as the transaction amount is reduced.
* On a $1 transaction a 17% fee or higher is typical.
SOLUTION: Solve both sides of the equation.
HOW?
Donor point of view:
* Make donating effortless. Simply scan a QR code. Tap to confirm.
* TikiPal reduces the mental effort of making a transaction enough that it is now feasible to make purchases/donations under $3.
Merchant point of view:
* Unbeatable flat 5% fee on card-not-present transaction will motivate merchants to add TikiPal as a payment option
* No technical skill required. Simply place a picture on the website, Facebook page, email, anywhere.
TIKIPAL OPENS THE UNTAPPED UNIVERSE OF < $3 TRANSACTIONS
WHY?
Donor point of view:
* The hassle of entering credit card information, remembering PayPal passwords is too much to justify the transaction.
Merchant point of view:
* Credit card and PayPal fees get inversely higher as the transaction amount is reduced.
* On a $1 transaction a 17% fee or higher is typical.
SOLUTION: Solve both sides of the equation.
HOW?
Donor point of view:
* Make donating effortless. Simply scan a QR code. Tap to confirm.
* TikiPal reduces the mental effort of making a transaction enough that it is now feasible to make purchases/donations under $3.
Merchant point of view:
* Unbeatable flat 5% fee on card-not-present transaction will motivate merchants to add TikiPal as a payment option
* No technical skill required. Simply place a picture on the website, Facebook page, email, anywhere.
TIKIPAL OPENS THE UNTAPPED UNIVERSE OF < $3 TRANSACTIONS
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William Herbert
Founded TikiPal. History degree. 13 years programming. 8 years as programmer in Entertainment industry. World traveler.
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