Merchants sign up & receive their own PayTags. As a customer you simply tap your phone, to pay at any merchant where you see the Paymagnet logo, allowing for a seamless checkout experience.
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Whether you’re a shop owner, a cab driver, or a pet trainer, never worry about a POS system again. All you need is a smartphone with Paymagnet, and you can accept contactless payments wherever & whenever you like. No adapter required.
It´s the simplicity that provides that fantastic checkout experience. Just tap your phone, to pay at any merchant where you see the paymagnet logo. One or several Tags can be mapped to a merchant. A true universal system, it´s not limited by borders, but works globally. Our app reads all contactless cards, our tags can be read by all NFC enabled phones.
Paymagnet works via the NFC readers in smartphones. Merchants don’t need to install a single NFC reader or POS terminal.
Since all you need to use Paymagnet is a smartphone, you can accept payments anywhere you can take your phone. Or install our PayTag, and let your customers bring theirs.
Our enterprise grade API´s have the power to transform workflows, improve client relationships, and boost your sales processes.
Forget about paypal adresses, ETH wallets or Bitcoin / QR codes! Simply tap your phone, and we settle the funds to the merchants account, no typing of any merchant´s address required
Paymagnet’s revolutionary system means customers must have their physical card to make a purchase — so no more stolen card numbers.
PayTags are superior to bluetooth-beacons or other devices. A PayTag doesn't need a battery, requires zero charging and is water and dust resistant.
Conveniently choose your plan, depending on the type of integration, reporting capabilities, total processing volume or your specific company´s requirements .
For micro businesses
$0
/monthFor medium businesses
$29
/monthFor companies
$149
/monthGot questions?
Simply download the app, and register in app. For "Starter" certain limits will apply, like 20 payments per month max, or caps on volume, see terms & conditions. You may upgrade any time.
Absolutely. You can switch between our paid plans, or cancel your account altogether, whenever you like. We will adjust your extra PayTags accordingly.
The PayTags are your "acceptance point", where your customers need to tap their phone to, so mount it in an easy to spot, and comfortable position. You may try your checkout-desk, seat, purse, or belt wherever, but remember: " The closer to the customer, the better".
The app processes MasterCard, Visa, Visa Debit. Depending on the region, we additionally support ChinaUnionPay QuickPass. Today we do not support PayPal, Skrill or Neteller wallets.
No. You get the functional version of Paymagnet completely free. Once you're ready to upgrade for additional features, you may choose a plan which suits your needs.
Your PayTags will never run out of energy — so you save extra, no maintenance costs. Simply put it in place, and you’re done. Dust / water resistant, with an approximate durability of 5 years
Have another question? Contact Support