PayTap

PayTap, founded by Shahed Uddin in 2017, operates as a payment gateway primarily serving small to medium-sized businesses in the UK and Ireland. Uddin, who serves as the Founder and Director, established the company after gaining significant experience in the payment processing industry, having started a similar business in 2013.

The company provides a suite of solutions that enable businesses to accept card payments through various methods. This includes face-to-face transactions using countertop and mobile terminals, online payments via e-commerce integrations, and over-the-phone payments through virtual terminals. PayTap's business model is centered on providing these payment processing services to a client base that ranges from dry cleaners and supermarkets to taxi drivers and e-commerce stores. The service addresses the decline in cash transactions by offering businesses the necessary technology to accept card payments. Revenue is generated from the fees charged for processing these transactions.

PayTap's product offering includes the latest PCI-approved payment terminals, ensuring secure transactions. They offer wired, wireless, mobile, and compact terminals. For online businesses, the platform provides e-commerce solutions that integrate with various shopping carts. A key feature is the mobile app which allows merchants to monitor live transactions, download statements, and track business performance remotely. The company emphasizes its customer support, offering local account managers and quick setup, often within three days. Another offering is a "Pay By Link" feature, which allows businesses to send a simple, secure payment link to customers.

Keywords: payment gateway, merchant services, card payment processing, small business payments, UK, Ireland, POS terminals, e-commerce payments, virtual terminals, mobile payments, Shahed Uddin, payment solutions, transaction processing, online payments, face-to-face payments, Pay By Link, SME financial services