My name is Lucas Vieira and I've been working as a software engineer for almost 10 years now. I also have been into Fintech for a while. Although I always read many things about Fintech, I've never had an idea that I was willing to work on. Until a few months ago...
My family had a few small businesses in the past. And, they always tried to avoid receiving payments on debit/credit cards, because of the high card fees and slow payout. Also, I have a colleague that has a store and she'd love to receive bank transfers as a payment method. But, my friend doesn't accept bank transfers anymore as it's too hard to manage (eg: taxes)
For a while, I've seen a bunch of online companies offering bank transfers as a payment method. However, I haven't seen any type of offering like that for offline businesses.
Because of that, I started to dig into how would be possible to offer offline businesses the advantage of receiving bank transfers instead of card payments. I must say, it's not easy to implement that service for offline businesses. However, after studying the market/regulations/competitors, I think it's doable, even though there are many challenges ahead. By the way, I've started prototyping a possible solution.
And why am I writing this?
Because I definitely need some help. Building software is the "easy" part for me, but things like sales/finance/regulation are quite hard.
So, anyone is interested in having a chat?
I'm currently living in Ireland, so I'm trying to use the European mechanisms to make this happen (eg: SEPA payments)