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Sway Money

Sway Money

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Category
Business Description
Sway is a startup changing how SMEs get paid by their customers.

The main form of cashless payment today in the physical world is debit cards, and that's been the case for over 50 years. The world has changed, so now it’s time to change payments as well.

We bring bank transfers to POS payments and make it cheaper, faster, and simpler than cards.

Getting paid is simple:
1/ Create an account
2/ Connect your business bank account
3/ Click, tap amount, and generate QR Code
4/ Your customer scan the code and proceed with their payment
5/ Money in your account in less than 10 seconds

Our goal is to create the best possible payment experience for merchants. ApplePay, GooglePay, and other payment methods make it easy for consumers to pay, but it’s built on top of an old and outdated network of cards. Fees keep hiking year after year, so it’s time physical payments get a revamp.
Based in
Lisbon
Tags
Payments, PayTech, Fintech, Open Banking
Total Funding
Between €1-€100K
Founded
2021
Website
https://sway.money

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