coil inc.

We help businesses replace credit cards with bank payments to cut processing fees up to 80% and eliminate churn from card declines

coil offers a Pay with coil button to collect payments via bank transfers (ACH/RTP) instead of credit cards, aiming to reduce processing fees and prevent churn from card declines. The product links to existing checkouts and uses Plaid for bank linking and verification, targeting YC companies and others seeking lower fees and fewer declines.

From the original launch (Feb 2023) — may be outdated.