EchoAI, the first AI-powered review system built for SMBs, earns Payzli a top spot at the NEAA conference's prestigious AI competition.
TAMPA, Fla., April 8, 2025 -- Payzli, a leading innovator in the PayTech industry, proudly announces its achievement of securing second place at the prestigious Catapult AI 2025 competition held recently at the Northeast Acquirers Association (NEAA) conference. This recognition underscores Payzli's mission to empower small and medium-sized businesses (SMBs) with cutting-edge tools that drive growth and trust through advanced payment processing solutions.
The Catapult AI competition at NEAA showcases groundbreaking AI-powered fintech solutions, bringing together the most promising and forward-thinking companies in the industry. Payzli's EchoAI, the first AI-powered review management system built exclusively for small and medium businesses, is helping merchants generate real, personalized reviews at scale, boosting trust and conversions via AI-driven marketing.
"EchoAI is the beginning of Payzli's AI-first strategy, designed to forge stronger customer connections. By leveraging advanced large language models and intelligent insights, EchoAI addresses real-world challenges for business owners, offering practical and transformative solutions." Kapil Pershad, Co-Founder & Chief Technology Officer.
Online reputation management and customer reviews are a critical factor in driving conversions, as 90% of potential customers trust reviews more than sales pitches. EchoAI, Payzli's AI-driven reviews module generates personalized, authentic reviews that resonate with customers, increasing trust and likelihood of purchase. This directly impacts recurring revenue attracting more customers who rely on social proof marketing.
By integrating artificial intelligence into its POS system and payment processing infrastructure, Payzli aims to redefine industry standards and deliver unparalleled value to merchants and payment professionals with its merchant services.
"EchoAI is already transforming how our merchants build trust and grow their business. In Beta trials, some of our customers have seen a 30% increase in reviews within weeks, driving more appointments and higher conversion rates. This isn't just tech innovation—it's real-world impact. We're empowering small businesses with tools that elevate their credibility and ultimately, their bottom line." Naim Hamdar, Co-Founder & Chief Revenue Officer
The NEAA conference, a premier event for payment professionals, serves as a platform for industry leaders to explore the latest advancements in financial technology. Payzli's recognition at the Catapult AI competition further solidifies its position as a frontrunner in the evolving payment technology ecosystem, particularly within the fintech innovation space.
About Payzli
Payzli is at the forefront of fintech innovation, transforming the payments industry with its cutting-edge solutions. Payzli POS, our next generation point of sale system, is tailored specifically for the beauty industry. Our all-in-one appointment booking software and payments solution leverages artificial intelligence and advanced payment technology to enable merchants to run their business effortlessly and profitably. Payzli is a full-service acquirer\fintech with seamless and direct integrations with Visa, Fiserv, and TSYS. To learn more about EchoAI and Payzli POS, or explore partnership opportunities, please email partners@payzli.com or sales@payzli.com.
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