CASHDROP

Cashdrop is a technology company that provides a mobile-first, commission-free platform for e-commerce and point-of-sale operations. It enables businesses to create an online storefront directly from their mobile devices in a matter of minutes, without incurring monthly fees or commissions on sales. The platform is designed to serve a wide range of merchants, including restaurants, artists, and retailers, by offering tools for creating menus, selling merchandise, and processing payments.

Founded in 2019 by Ruben Flores-Martinez, the company originated from his experience seeing his parents struggle with expensive and complex point-of-sale systems for their restaurant. This personal insight led to the creation of a more accessible and cost-effective solution. The platform integrates with major payment processors like Stripe and PayPal, allowing for direct payment to the vendor's bank account. Cashdrop's business model is centered on offering the core platform for free, with revenue generated from optional premium features and a small fee on certain transaction types if merchants opt for them.

The service includes features like QR code-based ordering, link-in-bio storefronts, and tools for managing both online and in-person sales. This allows businesses to consolidate their sales channels and manage operations efficiently. The company positions itself as a powerful, yet simple, alternative to established platforms like Shopify and Square, emphasizing its fee-free structure and ease of use. Keywords: e-commerce platform, point-of-sale, commission-free, mobile commerce, online storefront, QR code ordering, small business tools, restaurant tech, payment processing, link-in-bio