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
IXKC: Want top talent in Kansas City? Stop talking about yesterday (Photos)
Kansas City already has what it takes to recruit and keep top talent, Neal Sharma told Wednesday’s Innovation Exchange crowd. What the metro seems to lack is the confidence to boast about itself, he added. Sharma, CEO and co-founder of DEG, a full-service digital agency in Overland Park that has grown to about 300 employees,…
State of the City: Mayor challenges startup community to be more inclusive in hiring
As a growing piece of Kansas City’s business fabric, the startup community should better reflect the diverse creative and tech talent working within the city, Mayor Sly James said Tuesday following his State of the City address. “There are a lot of entrepreneurs who, for example, make bow ties, who make clothing, who do things…
Predictive tech gives KCMO smart weapons in the fight against potholes, crime
Kansas City is tackling its pothole problem using technology that aims to predict where they’ll emerge next, city officials said. The proactive approach also is targeting Kansas City’s crime rate. Government officials from Kansas City, Missouri, shared details about their experience with smart, predictive technologies during a panel discussion Tuesday afternoon at the Smart Cities…
Investing in the arts earns KC designation as UNESCO’s only ‘City of Music’ in US
Landing on a United Nations agency’s City of Music list reflects more than Kansas City’s century-old link to American jazz, said Jacob Wagner. “This designation is a recognition of our investment and commitment to music, arts and creativity as a driver of urban economic development,” said Wagner, faculty director of the Center for Neighborhoods at…