How to start a payments company: a plain-English plan for first-time founders
By SendPay Business · · 2 min read
- 1Make a link for the amount
- 2Send it in a chat or an email
- 3They tap, pay, and you see it
Every business needs to get paid, and many are unhappy with the provider they have. A payments company that serves one kind of business better than the big names can win customers fast. Here is how to start one without building the technology yourself.
Pick the businesses you'll serve
0 of 3 done
Tick each step as you do it, so you can see what is left.
Decide how payments will work
You don't need your own merchant licence to begin. A platform whose payments are powered by licensed partners lets your businesses sign up and take payments by link, invoice or subscription under your brand, while the partner handles the regulated side.
Try it
Name your platform and watch it come to life
Type a name, tap a colour and pick what it does. The phone changes as you go.
Colour
What it does
Design and preview your whole platform free, then launch when you are ready.
Registration
What you need depends on your country and on whether you hold or move customer money yourself. We introduce you to specialists who handle it, free, and tell you before you launch which rules apply.
Set your prices
Most payments companies charge a percentage and a small fixed fee per payment, or a monthly plan. Keep it simple, and make sure you can explain it in one sentence.
Win your first ten customers
Go back to the businesses you interviewed. Offer to set them up yourself and stay on call in the first week. Ten happy customers in one trade bring the next ten.
How it works
Your own money app- 1Name it and pick your colours
- 2Choose what it does
- 3Launch when you are ready
Why sign up
Create your free SendPay account
It's all about creating your own financial platform with ease. Start with a free account today.
- 🪪A free business accountOpen it in about a minute with your business name, email, password and mobile. No card and no documents to start.
- 💳Get paid from day oneTake card payments, and share your own payment link and invoices so customers pay in a click.
- 🌐A free business websiteFree to build, free to publish and free to keep, with unlimited visits.
- 🚀Your own financial platformDesign and preview your whole platform free, then launch when you are ready.
SendPay Business is a technology company, not a bank. Accounts, cards and payments are powered by licensed partners.
Questions people ask
Is there a step-by-step checklist?
Yes. The free launch checklist takes you from naming your app to winning your first ten customers.
Digital bank app launch checklist →How do I start?
Pick a template, name it and preview every page before you launch.
Build my platform →Read next
Spotted a mistake or something out of date? and we'll fix it. How our guides are made
This guide is general information, not legal or financial advice. SendPay Business is a technology company, not a bank, and does not take deposits; regulated services on the platforms are provided by licensed partners. Other companies named in this guide are reference points only and are not affiliated with SendPay Business.