What is Waivr API?
Waivr's Pay by Bank is a single API to process recurring payments via direct debit, bringing 10x lower processing costs, eliminating failed payments and providing faster disbursement.
Problem
Businesses and individuals struggle with managing recurring payments due to high processing costs, frequent payment failures, and slow disbursement. The high processing costs and payment failures exacerbate operational inefficiencies.
Solution
Waivr API is a technology solution that offers Pay by Bank services, enabling recurring payments via direct debit. With this API, users can achieve 10x lower processing costs, eliminate failed payments, and enjoy faster disbursement.
Customers
Online businesses, subscription-based services, and financial institutions that require efficient and cost-effective recurring payment solutions are most likely to use Waivr.
Unique Features
Waivr's unique selling points include significantly lower transaction costs compared to traditional payment methods, a substantial reduction in payment failures, and expedited funds disbursement.
User Comments
Simplifies recurring payments significantly.
Cost savings on transactions is a game changer.
Integration of the API is straightforward and efficient.
Notable improvement in reducing payment failures.
Swift disbursement enhances cash flow.
Traction
Due to the nature of the information provided, specific traction metrics such as number of users, MRR/ARR, or financing details are unavailable from the sources given. Further research on producthunt.com or the product website is required for detailed metrics.
Market Size
The global digital payments market size was valued at $58.3 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 19.4% from 2021 to 2028.
