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Damien Vasta - Founder of Sniip
Manage episode 427950361 series 3557101
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The article is a transcript of a podcast interview with Damian Vasta, the CEO and founder of Sniip, a bill payment platform. Damian discusses the origins of Sniip, which started as a mobile payment app focused on QR codes in 2013.
He explains how the company pivoted to become a universal bill payment platform after realizing the challenges of getting large billers to adopt their QR code payment method.
Sniip eventually became a member of the BPAY scheme, allowing customers to pay any bill that offers BPAY. Damian also talks about Sniip's partnership with American Express, which enabled customers to earn points while paying bills with their Amex cards. The company's vision is to allow Australians to pay every bill using any payment method on their terms.
Recently, Sniip launched a feature that enables customers to pay non-BPAY billers, such as small businesses, by uploading invoices. In the future, Sniip plans to offer a biller web portal and accounting software integration, allowing businesses to send invoices directly to customers' Snip apps and streamline the payment process.
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