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About Centrapay

Centrapay is a universal network platform from Centrapay that connects existing commerce systems to digital wallets. It provides support for various payment methods, reduces transaction costs, and future-proofs businesses against evolving payment technologies, so merchants can adapt to advanced commerce. This platform allows businesses to accept a wide range of digital currencies, simplifying payment processes and expanding customer options. Centrapay also facilitates integration with existing systems, ensuring a smooth transition to modern payment solutions. Key capabilities: digital wallet integration cost reduction multi-currency acceptance existing system compatibility future readiness Best for: merchants and businesses that need to accept diverse payment methods and adapt to the changing landscape of digital commerce.

Centrapay Details

Vendor
Centrapay
Year Launched
2020
Location
Auckland , 1010, New Zealand
Deployment
cloud
Training Options
documentation
Countries Served
New Zealand
Languages
English
Users
Merchants, Consumers, Small businesses, Large businesses
Industries Served
Retail, Hospitality, SMB commerce, Enterprise merchants
Tags
Digital wallet, QR payments, open banking, loyalty rewards, NZ payments, fintech, POS integration

Centrapay's In-App Market Place

Does Centrapay have an in-app market place?

Yes

How many Mini-Apps in the marketplace?

1

Mini Apps

N/A

Pricing Options

Free trial
Free version
Request a quote
Promo Offer

Accepted Payment Currencies

NZD ($)

Pros & Cons

  • Significantly lowers payment processing fees compared to traditional card networks
  • Unifies multiple bank accounts, loyalty cards, and gift cards in a single app for convenience
  • Enables fast and secure QR code payments at POS terminals and online
  • Integrated loyalty and rewards program increases customer engagement and repeat business
  • Leverages open banking infrastructure for reliable and compliant transactions
  • Requires a mobile device and internet connection to access the app
  • Relies on merchant and consumer adoption for network effectiveness
  • Advanced features like peer-to-peer payments are still being rolled out
  • Merchants must sign up and configure POS systems to accept payments
  • Not all merchants initially support the loyalty and rewards integration

Centrapay's Support Options

Centrapay's Alternatives