Introduction
Dapit´s mission is to democratize the payout services industry by revolutionizing the way transactions are processed. As disruptors in the field, we are committed to streamlining business processes, eliminating unnecessary middleware, and empowering both merchants and consumers with unprecedented optionality, cost savings and transparency.
State of Industry
Over the past decade, the exponential advancement of business and payment technologies has resulted in a fragmented and inefficient array of competitors. Many companies assert themselves as the optimal solution for businesses without truly offering a competitive edge. Consequently, numerous large entities now provide swift and convenient yet exorbitantly priced solutions globally, or businesses must settle for piecemeal payment solutions. As a result, businesses are inundated with choices that fail to address their total needs, highlighting the lack of meaningful differentiation among competitors. Simultaneously, as these competitors proliferate, card brands have introduced rules and regulations of such complexity that discerning the advantages and drawbacks of each solution has become challenging. Moreover, these card brands appear to benefit from the intricate landscape, utilizing their regulations to perpetuate the existence of fraud and chargebacks, thus maintaining elevated rates.
Our Solution
We are launching our cutting-edge, 100% cloud-based kernel and MPOC-compliant payment terminal, designed to revolutionize the global market. PCI Mobile Payments on COTS (MPoC) is the new standard for payments where COTS stands for commercial off-the-shelf mobile device. Leveraging our extensive intellectual property, we will offer individuals and businesses the opportunity to effortlessly download our app, complete a streamlined application process, and seamlessly begin accepting payments within minutes. Our comprehensive solution also empowers users to efficiently manage and monitor inventory, invoice clients, and streamline the process of filing sales and corporate taxes. Moreover, we are introducing Banking as a Service to provide businesses with a holistic financial solution.
Our cloud-based terminal is compatible with any available off the shelf device running Android, Windows, Linux or IOS, ensuring maximum accessibility and convenience. Enterprise clients now have the option to retire all traditional payment hardware and transition to using tablets, employee phones, or consumer devices to accept payments globally. For instance, a commission-based employee can facilitate sales from anywhere, even while remote, with each transaction seamlessly tracked as if conducted in-store. Our solution enables enterprises to oversee all operations from a single management interface while a compact team efficiently handles certifications and compliance matters utilizing both Mobile Device Management (MDM) and Mobile Application Management (MAM) tools.
MDMs and MAMs provide centralized control over applications, data, and resources on mobile devices, ensuring security and compliance. Our innovative approach eliminates the need for businesses to individually download and install payment terminals at each location worldwide every few years due to stringent card brand compliance regulations.