Eight new startups have been selected to participate in the Start Path program
Eight new startups have been selected by Mastercard to participate in the Start Path program to support businesses taking their first steps. The program gives late-stage startups access to its customer base to test their services.
Startup.az informs that the startups selected for participation in the program are: Dodo, Flow Networks, Hi, KaiOS, Kani Payments, NowNow, Sharesies, and SmilePay. Based in the US, UK, Singapore, Nigeria, Azerbaijan, Australia, and New Zealand, the company provides a range of services, including lending, payment information management, investment, and facial recognition, according to the company.
SmilePay, an Azerbaijani startup, has become one of the group's most successful members. The app offers a next-generation payment solution based on facial recognition technology, allowing for device-free and cashless transactions in retail and e-commerce.
"The Start Path program has had less than 300 startups participate since its inception in 2014. SmilePay, a facial recognition payment solution for retail and e-commerce, is the first Azerbaijani startup to join the Mastercard Start Path accelerator program. Customers can then use over 2,500 central (nodal) points to register their face, add debit cards, loyalty cards, and pay with their smile at over 1,000 locations as well as online "said Mastercard's Turkey and Azerbaijan representatives Avshar Gurdal works as the country manager for "You can now pay without having to wait in line at the cash register thanks to the SmilePay program. We want to make it the most convenient, quick, and secure payment method for you."
Whelp, Inc. and Seymur Rasulov, CEO of SmilePay, LLC:Chatbots & Fintech, in turn, stated that the MasterCard Start Path program is a place where Smilepay.az's dreams come true.
"We were honored to be part of this 8-team group out of 1,500+ applications." Mastercard Start Path will open new doors for us, provide know-how, and provide us with a long-term partner for regional growth and expansion. SmilePay employs cutting-edge facial recognition technology and enters the local market as a device-free, cashless solution with the lowest local payment fees. SmilePay will be valid at more than 500 terminals beginning May 5, 2022, thanks to MasterCard's support and collaboration with the country's largest grocery chain," Rasulov said.
All you have to do is download the mobile app, identify your face, add your card, and start enjoying the next generation of payments. You can earn bonuses by inviting your friends.
More information about SmilePay can be found at https://smilepay.az/en/.
Mastercard (NASDAQ: MA), www.mastercard.com
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