PayIt lands ‘the Lou’ as a client for mobile payments
November 17, 2016 | Bobby Burch
Government tech startup PayIt is working with the second-largest city in Missouri.
The Kansas City-based company is now providing its mobile payment technology to the City of St. Louis, allowing its more than 300,000 residents to more easily pay property taxes via an app. Timing was apt for the partnership, as St. Louis’ property taxes began arriving in the mail about one week ago.
A city official said St. Louis tapped PayIt to offer residents more options to pay taxes.
“Taxes are never easy to pay,” St. Louis collector of revenue Gregory Daly said, according to St. Louis’ Fox 2. “We’re trying to make it as easy as possible.”
The PayIt app is free, however, there’s a fee to make payments.
PayIt burst onto the Kansas City startup scene in early January 2016 after it registered a $4.5 million capital raise. Led by CEO John Thomson, the company now has more than 20 employees that work to revolutionize how citizens financially interact with government agencies.
The company has grown from easing the initial pain-point of working with start departments of motor vehicles to streamlining services for other government agencies, including those that manage permitting, taxes, licenses, citations and more.
Left to right: PayIt co-founders Mike Plunkett, John Thomson and Ryan Townsend
The PayIt service offers city, county, state and federal government agencies a personalized platform on which citizens can create a profile to simplify payments and interaction. The platform, for example, can notify a user when a vehicle’s tag must be renewed and then allows payment via phone or computer, increasing engagement and cutting down on physical wait time. The platform also provides analytics information to government agencies on how citizens tap the platform.
Unlike many software-as-a-service (SaaS) companies, PayIt provides its platform to government agencies for free upfront. The company takes a small cut of the agency’s transaction fees, reducing its annual costs.
In July, PayIt won a national pitch competition as part of the annual United States Conference of Mayors, beating out dozens of other firms around the nation.
2016 Startups to Watch
stats here
Related Posts on Startland News
Startup transforms students into teachers for educators’ diversity training
Conversations about race, power, privilege and oppression are being had across the country every day. And Kiara Butler believes there is no better group to lead these discussions than young people, she said. “Students are already having these conversations every day,” said Butler, co-founder and CEO of Diversity Talks. “It’s the adults that don’t necessarily…
Sprint Accelerator alum trades Miami HQ for KC
TradeLanes’ move from Miami to the Midwest is about proximity. “In Kansas City, we’re closer to customers and closer to everyone on our list of prospective customers,” TradeLanes co-founder Vijay Harrell said. “The closer we are to our customers, the faster we can learn, spot their problems and then solve them.” The global trade firm,…
With 42 KC evictions per day, civic hackers pinpoint action with data
Kansas City can be a leader on housing justice, Tara Raghuveer said. The details are in the data. Examining a Jackson County data set that included 173,720 eviction records spanning 17 years, Raghuveer, a Harvard-educated researcher and Shawnee Mission East High School graduate, confirmed a leading predictor of eviction in Kansas City: race. “It disproportionately…
Events Preview: Measuring social impact, Second Fridays
There are a plethora of entrepreneurial events hosted in Kansas City on a weekly basis. Whether you’re an entrepreneur, investor, supporter, or curious community member — we recommend these upcoming events for you. Are you hosting a relevant community event? Add it to the KCSourceLink Calendar for increased exposure. Email info@kcsourcelink.com for assistance. Startup Rewind…