Save payment processing fees with QuickPenny
Leveraging card alternatives
QuickPenny uses customers’ bank accounts to pay you.
By bypassing the debit and credit card networks, we save you and your customers money.
With the fee savings, you can discount prices, avoid imposing surcharges, make more money or adopt a loyalty program that we facililate on your behalf.
How are we different than Venmo?
Using Venmo at a business carries higher fees than QuickPenny.
QuickPenny automatically adds sales tax based on your location.
QuickPenny is tailored to support paying merchants. For example, QuickPenny enables you to add your menu for a faster checkout experience.
QuickPenny has a dispute resolution process.
QuickPenny makes it easy to do refunds.
QuickPenny facilitates you offering loyalty rewards through our app if you choose to offer them.
QuickPenny does know your business to comply with U.S. Patriot Act.
Print out or save to photos the QuickPenny QR code to make it easy for your customers to download QuickPenny and pay you.
There is no downside.
One day…
is all a business needs to implement QuickPenny. Technical implementation can be done with the press of a button.
Stop leaking payment processing fees today.
We take security seriously
Encryption
We safeguard your financial information with the latest encryption protocols like Advanced Encryption Standard (AES 256) and Transport Layer Security (TLS). All your data is secured in transit and at rest.
Secure cloud
QuickPenny is hosted in a mature and secure cloud environment. By leveraging cloud infrastructure, we can bring decades of security experience to protecting your financial information.
Safe linking
We connect your bank account with the same provider that Venmo and CashApp use. We never see your bank username and password and neither do our merchants.
QuickPenny understands
Overhead is high and profit margin is low. Reducing payment processing fees helps merchants thrive.
Quick Answers
How does QuickPenny make money?
QuickPenny charges a small fee per transaction. QuickPenny processes payments by directly drawing from customers' bank accounts. Because QuickPenny bypasses the card networks, QuickPenny can charge much less than Square, Clover, Toast or other payment processors. Because QuickPenny is relatively new, for the time being we are not charging merchants anything.
What if I already have a payment processor?
QuickPenny works on any Apple or Android smart phone. If you have a smart phone, you can use QuickPenny in addition to another payment processor.
Does QuickPenny work internationally?
For now, QuickPenny is only available in the United States.
Why use QuickPenny?
QuickPenny will save you money that you would have paid in processing fees which you can use to discount prices, fund additional loyalty rewards or make more profit. Instead of paying Square, Clover, Stripe, banks or credit card companies, you can make more money.