How is your business helping to solve the health, social, or economic challenges created by COVID19?
VerPay Use Cases: In the apps and online era, there are still many people who like doing business with people. The Covid-19 pandemic has forced many more business to change the way they interact with clients and not all businesses have the online tools to make this switch easily.VerPay now makes it quick, safe and clear-cut to do business over the phone. Easy in a word! There are many types of businesses who can benefits from doing easy business whilst speaking with clients over the phone. VerPay’s unique and patented way of binding the mutually agreed upon terms and conditions in an un-alterable manner, protects both parties from the ubiquity that may result from concluding a verbal transaction.Many businesses would love to secure payment whilst speaking to a potential customer but can’t do so as customers do not want to take the risk of sharing confidential payment details over the phone, especially when there may be a dispute about what was agreed upon later.VerPay solves this problem for many types of businesses large as airlines and small as a person selling their own time.
Does your business contribute most to recovery, response, or resilience?
Response - we're responding directly to issues caused or exacerbated by the COVID-19 outbreak.
What is the stage of your product development?
I have a prototype or a simple version I can show my customers
What strengths does your team bring? Include skills and personal experience with the problem.
We have a strong Executive team as well as Development team. We also have a patent for the product. Our partner strategy will assist us with faster roll out to the market.
What countries do you operate in?
South Africa and Africa, but we are in the process of registering patents in the rest of the World. It is relevant to all markets.
Is your company headquartered in a US "Opportunity Zone"?
No
