Tay is a digital payments service for service-based businesses to get paid quickly, conveniently, and safely. Customers view the requests and pay using their smartphones with full security and privacy.
Tay is designed as a service for businesses to get paid by individuals or other businesses. Tay is open loop, which means any individual or business can pay using Tay. However, only pre-approved service-based businesses can request payments.
Any service-based business who is enrolled with Tay and has undergone our verification process can request payments using Tay.
Tay is currently available for a limited set of businesses under our Early Access Program (EAP). If you are interested in joining our EAP, please contact us at customersuccess@taynow.com.
No. There’s no set up fee for signing up with Tay. You just create a business account and create a profile for verification purposes.
No. Tay costs absolutely nothing to get started – there’s no website to maintain, no equipment to buy or train on. You can keep doing the busines the way you are doing today and start using Tay in parallel.
Tay does not charge any fees for making a payment. Businesses pre-enrolled with Tay, pay a small fee for using our services. If you a service-based business interested in using our service, please contact us at customersuccess@taynow.com.
You can if you are a business. Tay is not a person-to-person payment service. Only pre-enrolled, verified businesses can request payments using Tay.
No. All payments made via Tay follow the principles of real-time payments using technologies and protocols applicable to transfer money from one bank account to another. Please make sure that your customers validate the details of the payment request including the name of your business, amount, and other details before authorizing the payment.
Tay follows rigorous authentication and monitoring protocols to maintain end to end security. We never share or display any PII (Personally Identifiable Information) in any of our interfaces. We use rigorous encryption and transport security protocols for protecting all of our data, at rest and in transit.
We take extreme steps to prevent any type of fraud. Tay operates on an explicitly permission-based model. Tay will never directly request any payments from anyone . Only pre-approved and verified businesses can request payments using our platform. Every payment, however small or big must be explicitly authorized by the customer.
Tay is designed to be a Business to Business(B2B), Software-as-a-Service (SaaS) platform, which means all of your data, all of your transactions remain private to you. We do not collect, anonymize, or sell any data.
You can contact us at customersuccess@taynow.com.