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
Eyeing the American dream, BLITAB creates tablet for blind people
Editor’s note: This content is sponsored by LaunchKC but independently produced by Startland News. Kristina Tsvetanova is no stranger to obstacles. She’s spanned the globe and learned three different languages en route to developing first-of-its-kind technology that aims to connect blind people to media in ways that rivals science fiction. Touted as an “iPad” for…
Caffeine nation: 1 Million Cups hits the century mark
Dubbed as “the church for entrepreneurs,” 1 Million Cups recently hit a milestone with the reach of its programming. A product of the Ewing Marion Kauffman Foundation, 1 Million Cups has launched in Waco, Texas, marking the entrepreneurial forum’s 100th participating community. 1 Million Cups launched in Kansas City in 2012 and has been spreading…
Take a tour of KC’s newest, largest coworking space: iWerx
Kansas City’s newest and largest coworking studio plans to celebrate its grand opening in style during Global Entrepreneurship Week. Based in North Kansas City, iWerx’s massive 33,000-square-feet facility is now welcoming tenants into its swanky new digs that feature an array of amenities, most notably access to its ridiculously fast 10-gigabit Internet. Built in 1929,…
The metric that your startup needs to measure: Net promoter score
Startups are full of uncertainty — and prospective clients know that. Credibility and reputation are both keys to a company’s ability to not only sell a product or service, but also to create brand ambassadors that will promote it to friends and others. As the saying goes, your customers are your best salespeople. “If you…