WyzePay — Pay in advance with WyzePay and get more for your money

Hello! 👋 I’m Carolina, CPO and co-founder of WyzePay. I’m super excited to share with you our platform that has just launched in the UK! 🚀 🤷‍♀️ What we are solving: 🏪 Businesses in the UK and Europe are struggling to lock-in sales, acquire customers, and secure cashflow. 64% of businesses in the UK have expressed interest in offering an advance sales solution but don’t have the capabilities to do so. 👫 For consumers watching their spending, saving on their everyday expenses can go a long way. With cost of living continuing to rise, people are looking for ways to spend less on their day-to-day purchases. 💙 Our solution: WyzePay is a new decentralised financial infrastructure that enables small businesses to issue their own digital currency. SMEs receive advance revenue while empowering consumers to get discounts for spending money directly with the companies they buy from and trust the most. It’s a win-win! 🤜🤛 With a B2B2C model, WyzePay is comprised of a merchant app and portal, and a consumer app. We are shaking up the payments landscape by consolidating, for businesses, prepayments, customer retention, and increased purchase frequency on a single platform. For consumers, we are providing the platform to get more value for their money while supporting their local high-street. 💡 We are deploying state of the art technology that provides advanced prepayment functionalities. Built on the Elements Blockchain protocol, our WyzeChain enables the confidentiality, security, and transactional processing speed needed for retail payment. ⛓ ⚡️ How does it work? 🏪 Businesses: 1) Set-up: on the WyzePay merchant portal, companies set the coin features they want to offer their clients, using our flexible pricing tool 2) Analyse: real-time access to customer analytics, spending data, and much more 3) Sell: our easy-to-use POS app allows for quick and easy sales using NFC or QR code 👫 Consumers: 1) Buy: on the WyzePay app, customers choose the desired value and discount when buying coins. The more you buy, the higher the discount! 2) Manage: coins are stored in a digital wallet with robust protections from loss and theft, and are fully transferable 3) Spend: coins can be spent seamlessly as a payment method at the till or online We'd love your help to continue building WyzePay with the Product Hunt community. Download our consumer app (https://apps.apple.com/gb/app/wy... or https://play.google.com/store/ap..., merchants are currently only London-based), and give us feedback or suggest new features.✌️ I hope you love it as much as we do and that you join our community of Wyze ones! 💙 Carolina Bicalho

I like it! BNPL! 🔥