Payment Services Company for Sale in Tbilisi, Georgia
Established | 5-10 year(s) |
Employees | 50 - 100 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | USD 800 thousand |
Run Rate Sales | USD 720 thousand |
EBITDA Margin | Operating at loss |
Industries | Payment Services |
Locations | Tbilisi |
Local Time | 6:23 PM Asia / Tbilisi |
Listed By | Business Owner / Director |
Status | Active |
- We are a payment services company with two verticals that issue cards as part of a loyalty program and a newly started payment service.
- As part of our loyalty program we have issued more than 2 million cards that users can make payments with to generate points.
- These points can be used at the stores of over 350 of the biggest merchants in Georgia for discounts and rewards.
- We generate revenue by charging participating merchants a percentage of revenue when a customer makes a payment using our card.
- Company also provides analytics of customer behavior and spending as a marketing service to these companies for a cost.
- Recently we have developed a payment service for which the infrastructure has already been developed and will start in three months.
- We would generate revenue by charging a commission on the transactions occurring through the service.
- The service has Visa and Mastercard affiliation and is one of the first payment services in CISSEE to be a Visa strategic partner.
- Our sales are slightly lower due to the current global climate. We expect to reach a positive profit margin as the company scales and grows.
- Buyer would receive the entire business, infrastructure and network POS terminals.
Reward cards, utility payments platform, bonus collection and discount loyalty program, digital wallet and payment service, customer analytics program.
Rented office area and data center of 600 Sq M.
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Earlier than 15 daysProject Manager, Marketing, Warsaw, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysProject Manager, Telecommunication, FinTech, AI And Software Technology, Makati, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysFounder, Card Processing, Mumbai, Corporate Investor / Buyer connected with the Business