GATE - Global Acceptance Transaction Engine

Provides universal acceptance of eWallet funds across multiple channels

GATE (Global Acceptance Transaction Engine) is the only company solving one of the most significant challenges eWallet companies face — universal acceptance of eWallet funds across physical, online and mobile channels — all without the need for merchant integration. By creating a unique password during each transaction, GATE’s patent pending technology provides an added layer of security during the payment process and can be used even in a connectionless environment. The company's cloud-based system provides merchants’ acquisition facilities to payment service providers by converting e-wallet transactions into credit card transactions by creating a unique 16-digit credit card number for each transaction. Its technology allows eWallet companies and its end users use their funds from the wallet without any merchant integration.

Stage

Growth Stage

Markets

FinTech

Seeking

$3M