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
The Distrikc founders: We’re not waiting on outsiders to save our brothers and sisters
It’s time for members of Kansas City’s largely unseen and forgotten communities of color to take control, said Wesley Hamilton, one of the organizers behind The Distrikc. “We speak so much about KC, but people forget whole groups of people — I’m talking Troost to Main, East Kansas City, South Kansas City,” he said. “We want…
‘Legendary’ UMKC Enactus team earns spot in national entrepreneurship finals
The University of Missouri-Kansas City’s Enactus team is the fourth most impactful in the country, declared Ben Williams. “At UMKC Enactus, we take the world’s greatest challenges into our own hands, channeling our power as students, advocates, and entrepreneurs,” the team told a crowd gathered Tuesday at the Kansas City Convention Center, as they took…
Look inside: Plexpod opens coworking oasis amid River Market’s concrete jungle (Photos)
Faux grass lining the walls. Neon signs. A mix of vintage and contemporary stylings. Plexpod’s Eric Milner was initially skeptical of plans for a jungle theme in one of the co-working space’s enclaves — quirky seating areas tucked between offices and amenities at the new River Market location. “It really panned out though. Stephanie [Medina]…
Car vending machine drives into KC skyline with Carvana’s launch off Southwest Boulevard
Towering over Southwest Boulevard, Missouri’s first Carvana location has been parked in Kansas City and it’s finally ready to rev its engine, Amy O’Hara confirmed Thursday. “It’s a beautiful location and we’re looking forward to showing everyone our signature car vending machine experience and the new way to buy a car,” said O’Hara, Carvana associate…