Dropp

Dropp

Financial Services

Newark, New Jersey 1,308 followers

A superior ultra-low-cost alternative to Cards, Cash & Checks

About us

Welcome to Dropp, where we are revolutionizing the way payments are made. Our platform offers lightning-fast, ultra-low-cost transactions, providing a superior alternative to traditional payment methods like cards, cash, and checks. We drastically reduce transaction fees by leveraging cutting-edge technology built on instant banking rails (RTP) and distributed ledger technology (Hedera), making even a $1 purchase ten times cheaper than a card. With over 25 years of experience in financial services, peer-to-peer payments, and real-time technology, our team understands the need for a payment system that matches the speed and efficiency of the digital age. Dropp’s mission is to enable fully instant payments worldwide, supporting innovative business models like Pay-Per-Use and empowering small and medium-sized businesses to remain competitive in a rapidly evolving market. Our Pay-By-Bank payments feature, along with attractive offers and referral incentives, fosters a direct relationship between merchants and consumers, creating a thriving community ecosystem. As 50% of consumer payments are under $25, Dropp makes micro-payments feasible and eliminates high transaction fees, helping businesses flourish in the digital economy. With transaction fees averaging just 1%, Dropp is cost-effective for various payment models, from micro-payments to small-value purchases. Join us in ushering in a new era of digital commerce, where payments are as fast and affordable as the digital world.

Industry
Financial Services
Company size
11-50 employees
Headquarters
Newark, New Jersey
Type
Privately Held
Founded
2020
Specialties
Micropayments, Digital payments, Real time payments, faster payments, pay by bank, RTP, FedNow, Pay per use, Digital Media, DLT, and Fintech

Locations

Employees at Dropp

Updates

  • View organization page for Dropp, graphic

    1,308 followers

    The Future of Content Monetization is Now. Remember when buying individual music tracks revolutionized the music industry? Dropp's micropayment platform is doing the same for content creators by enabling pay-per-title transactions. Consumers are tired of subscribing. It's time for a change. With Dropp, you can: - Empower Your Audience: Let them choose what they pay for, down to the individual title.  - Maximize Revenue: Reduce transaction fees and boost engagement with a pay-per-title model.  - Join the Digital Revolution: Be a pioneer in the new era of content consumption. Discover how micropayments can transform your business. Read our paper to learn more. Dropp (www.dropp.cc) is an instant payment platform built on banking rails and Distributed Ledger Technology (DLT) by #Hedera. The platform is seamlessly integrated with #WordPress, #WooCommerce, and #Shopify and is also available as an SDK for custom websites. #Dropp #Micropayments #ContentMonetization #instantpayments

  • View organization page for Dropp, graphic

    1,308 followers

    We’re thrilled to announce that Dropp has joined the Circle Alliance Program! As a proud member of this global network, Dropp is committed to advancing the future of finance by driving innovation with #USDC and web3 technologies. This alliance strengthens our vision to provide an ultra-cost-effective digital payment solution as an alternative to cash, checks, and credit cards. We look forward to collaborating with like-minded organizations as we continue to redefine payments and financial inclusion. Check out our directory listing to learn more about Dropp’s role in the Circle Alliance Program: https://lnkd.in/ecA6sR5V Dropp (www.dropp.cc) is an instant payment platform built leveraging Instant banking rails and distributed ledger technology by #hedera #Dropp #Fintech #DigitalPayments #Web3 #CircleAlliance #USDC #Innovation

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  • View organization page for Dropp, graphic

    1,308 followers

    Dropp’s Point Of Sales Merchant App is designed for Small Businesses. Are you tired of clunky card readers and expensive transaction fees? Dropp's Point of Sale App lets you accept payments directly on your phone or tablet. Customers simply scan a QR code and pay – it's that easy! 10X cheaper on a $1 transaction; Signup: www.dropp.cc/merchants/ Here's what makes Dropp awesome: - Mobile-First: No need for extra hardware, just your smartphone or tablet. - Scan and Pay: Customers simply scan and pay. - Ultra-Affordable: Save big on transaction costs compared to cards - Multi-Currency: Accept $USD and digital currencies like USDC and HBAR. Ideal for health clinics, cafés, fitness studios, salons, or any other small business. Available on Android and iOS, Dropp offers a superior alternative to cards, cash, and checks. #Dropp #PointOfSale #PaymentInnovation #SmallBusiness #GoContactless #hedera #digitalcash #digitalpayments

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  • View organization page for Dropp, graphic

    1,308 followers

    Exciting News from the Dropp Team! We are thrilled to welcome Dr. Davender Babbar, former JPMorgan Chase executive, as our new Banking Technology Advisor. With an impressive 25 years of experience as a business and technology leader in financial services, Davender brings a wealth of knowledge and expertise to the Dropp team. As Dropp (www.dropp.cc) continues to expand its Instant Payment Platform and explore new real-time payment use cases, Davender’s guidance will be invaluable in driving innovative, cutting-edge solutions for our customers. From 2002 to 2024, Davender held several leadership roles at JPMorgan, spearheading transformation initiatives in Risk Management, Prime Finance, and Securities Services. He also played a pivotal role in developing Lab Morgan’s redEcash, an early internet payments start-up that laid the foundation for what we now know as Chase Quick Pay and the Clearing House’s Real-Time Payments. https://lnkd.in/gNsrBu2D #FintechInnovation #RealTimePayments #DigitalPayments #Dropp #paymentinnovation

    • A Pay-By-Bank platform providing an ultra-low fee alternative to cards and checks.
  • View organization page for Dropp, graphic

    1,308 followers

    Take Your In-Store Payments to the Next Level with Dropp's Point of Sale Mobile App! Are you tired of clunky card readers and expensive transaction fees? Dropp's Point of Sale App lets you accept payments directly on your phone or tablet. Customers simply scan a QR code and pay – it's that easy! Here's what makes Dropp awesome: - Mobile-First: No need for extra hardware, just your smartphone or tablet. - Scan and Pay: Customers simply scan and pay. - Ultra-Affordable: Save big on transaction costs compared to traditional methods. - Multi-Currency: Accept USD and digital currencies like USDC and HBAR. Ideal for health clinics, cafés, fitness studios, salons, or any other small business. Available on Android and iOS, Dropp offers a superior alternative to cards, cash, and checks. Sign up today at www.dropp.cc/merchants or drop us an email at infor@dropp.cc #Dropp #PointOfSale #PaymentInnovation #SmallBusiness #GoContactless #hedera  #USDC

  • View organization page for Dropp, graphic

    1,308 followers

    Monetizing your creative work just got easier with Dropp. We’re excited to introduce our no-code plugins for #WooCommerce, #WordPress, and #Shopify, designed to help you seamlessly accept micropayments from your audience. Whether you're selling individual articles, videos, or exclusive content, Dropp provides an ultra-cost-effective way to get paid. Offer pay-per-use access to your content as an alternative to a subscription. Visit us at www.dropp.cc #creators #digitalmedia #payperuse #hedera

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  • Dropp reposted this

    View organization page for Dropp, graphic

    1,308 followers

    Dropp offers the future of content monetization. Calling all WordPress Publishers, Podcasters, Bloggers, Video Streamers…Are you tired of offering the old subscription and ad model? With Dropp's WordPress Pay-Per-Use plugin, give your customers the freedom to pay only for what they use! Say hello to micro-payments.  www.dropp.cc/wordpress Let's revolutionize the way we consume and create content together. - Charge by the penny, not by the month - Slash transaction fees by 90% on micropayments  - Boost revenue and gain more customers #WordPress #Creators #Ecommerce #PayPerUse #Dropp #MicroPayments #SubscriptionFatigue #hedera

  • View organization page for Dropp, graphic

    1,308 followers

    Dropp offers the future of content monetization. Calling all WordPress Publishers, Podcasters, Bloggers, Video Streamers…Are you tired of offering the old subscription and ad model? With Dropp's WordPress Pay-Per-Use plugin, give your customers the freedom to pay only for what they use! Say hello to micro-payments.  www.dropp.cc/wordpress Let's revolutionize the way we consume and create content together. - Charge by the penny, not by the month - Slash transaction fees by 90% on micropayments  - Boost revenue and gain more customers #WordPress #Creators #Ecommerce #PayPerUse #Dropp #MicroPayments #SubscriptionFatigue #hedera

  • View organization page for Dropp, graphic

    1,308 followers

    Dropp continues to enrich the product set, offering a smarter alternative to cards, cash, and checks built on banking rails and distributed ledger technologies (#Hedera). It is an ultra-cost-effective account-to-account instant payment network for small-value purchases. The video highlights some of the key features: - Option to pay directly from the bank - Instant discounts from merchants - Strong micro-purchase capabilities for online stores and connected devices - In-store payments with the Dropp merchant app - Simple integration options for merchants, including embedded and white-label options ✨ Visit www.dropp.cc and experience the future of payments with Dropp! ✨ #Dropp #digitalmedia #Payments #Innovation #DigitalPayments #hedera

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Funding

Dropp 2 total rounds

Last Round

Seed

US$ 2.0M

See more info on crunchbase