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Otterz app for iPhone and iPad


4.4 ( 4464 ratings )
Finance
Developer: Otterz, Inc
Free
Current version: 1.0.4, last update: 6 months ago
First release : 13 Jun 2023
App size: 52.43 Mb

Please note that this is a companion app for Otterz web app, you can only sign up using the web platform. Otterz is designed to provide small businesses with a comprehensive payment solution that allows them to manage their finances easily and efficiently. The app functions as a bank account, enabling businesses to accept payments and process transactions both online and in-store. The app also provides a range of additional features, including recurring billing and invoicing, to help businesses manage their cash flow and streamline their payment processes.


Key Features of the App:

1. Bank Account Functionality: The app provides businesses with a fully functional bank account that they can use to manage their finances. The account comes with all the standard features of a bank account, including the ability to deposit and withdraw funds, view account balances, and access transaction history.


2. Payment Processing: allows businesses to accept payments both online and in-store. For online payments, the app can be used to make ACH transfers, generate payment links to provide businesses with a secure and convenient way to accept payments. For in-store payments, the app supports a range of payment methods, including credit and debit cards, QR Scan, etc.

3. Recurring Billing: Otterz provides businesses with the ability to set up recurring billing for their customers. This feature is particularly useful for businesses that provide subscription-based services or sell products on a recurring basis. The app allows businesses to set up recurring payments on a weekly, monthly, or annual basis, and automatically sends invoices to customers at the designated intervals.


4. Invoicing: Otterz also provides businesses with the ability to create and send invoices to their customers. Businesses can customize the invoices with their branding, add payment terms and conditions, and track invoice status. The app also supports partial payments, allowing businesses to receive partial payments for an invoice and track the outstanding balance.

5. Reporting and Analytics: Otterz provides businesses with a range of reporting and analytics tools to help them manage their finances effectively. Businesses can generate reports on their account balances, transaction history, and payment activity. The app also provides businesses with insights into their cash flow, allowing them to identify areas for improvement and optimize their payment processes.


There is absolutely no need to go to bank with Otterz taking care of all the banking and payments for your small business.
Whether youre a small business owner, freelancer, or entrepreneur, Otterz is the perfect finance app for you. Try Otterz today and start simplifying your payments process.

Please Note: Users need to sign up for the account online. All the business details regarding bank account creation will be sought from the users on the app itself.