Company Market Research Report: xPay

Company Overview

Name and Mission of the Company

Name: xPay
Mission: Manage your international expansion seamlessly. Just build and market your product. Leave the rest to us.

Incorporation Details

• Founded: 2023

• Founders: Rakshit Bansal, Aniket Gupta

Key People

• Rakshit Bansal: Founder

• Aniket Gupta: Founder

• Siddhant Patil: Founding Team Member, SDE @ xPay

• Exequiel Pablo Toledo Vidal: Director and Content Creator

Headquarters

Location: Bengaluru, Karnataka, India

Number of Employees

2-10 employees

Revenue

No information is available

Core Competence

xPay is known for providing a seamless payment gateway orchestration experience, specifically targeted at global software companies.

Products

Billing Operations

• Description: Invoicing, generating payment links, collecting money, and reconciliation.

• Key Features:

• End-to-end sales operation management.

• Automated invoicing and payment collection.

• Streamlined reconciliation process.

Sales Tax Management

• Description: Handles the complexity of sales tax for software companies, particularly in fragmented geographies like the US and EU.

• Key Features:

• Collects and remits sales tax.

• Ensures compliance with local tax laws.

Payment Solutions

• Description: Accepts payments from 20+ currencies and 100+ countries.

• Key Features:

• Supports multiple payment methods, including cards, wallets, and bank accounts.

• Offers enterprise-grade security and compliance.

• Facilitates easy return and chargeback management.

Recent Developments

Newly Launched Features

• Sales Tax Optimizer: A feature launched for enterprise-level customers to optimize sales tax.

Customer Support Improvements

• Dedicated Sales Rep: Introduced for enterprise customers.

Expansion and Accessibility

• Global Presence: xPay has expanded its compatibility to over 100 countries, including major regions like the United States, United Kingdom, France, Germany, Canada, Japan, and more.

Partnerships

• Backed by: Y Combinator

Target Industries

• E-commerce: Focuses on complex billing, tax, and payment needs.

• SAAS: Provides global payment solutions without needing to set up a local entity.

• Ed-Tech: Enables scaling to multiple countries with ease.

• Travel: Facilitates global market solutions and handles disputes and frauds efficiently.

Pricing

Basic Plan

• Fee: 4% per sale

• Features:

• Invoicing and reconciliation access.

• In-built payment solutions.

• Money received directly in INR account.

• Service availability in up to 5 countries.

Enterprise Plan

• Fee: Customized pricing

• Features:

• All features in Basic.

• Service available in 100+ countries.

• Access to Sales Tax Optimizer.

• Dedicated sales representative.

Testimonials

1. Shubham Sinha, Co-Founder Peppyhop:

• "Cheers to the xPay crew for their top-notch product! Transitioning from other services to xPay was a breeze—appreciate the streamlined process and clear API documentation."

2. Prateek Sachan, Founding Team Bolna:

• "The team at xPay has made integration a breeze. Their prompt support had us up and running in no time. It's simplicity done right."

3. Gaurav Toora, Founder at Rhym:

• "Absolutely thrilled with the quick service! My first sale of $600 was sourced seamlessly through xPay, and I'm excited for more sales this week. Big thanks to the team for making this happen!"

Contact Information

Addresses

• India: 3rd Floor, Hustlehub Tech Park (H210), 36/5 Somasundarapalya Main Road, HSR Layout, Bengaluru, Karnataka 560102, India.

• USA: 8 The Green, Ste A, Dover, Delaware, 19901, USA.

Customer Support

• Email: hello@xpaycheckout.com

• WhatsApp: +919557040676

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