Payeda provides businesses a ‘Business Merchant Account` an open banking service without the need for a POS machine or Virtual POS
Payeda, a new financial platform for businesses, provides business who would like to receive online payments from their customers.
On Payeda’s platform, business members set up their merchant account through connecting open banking business accounts to a Payeda account. This allows businesses to receive payments from their customers through the Payeda platform, or sent payment link via e-mail or QR code without the need to set up a POS machine or obtain Virtual POS services from financial organizations.