Yesterday morning, GoDaddy announced a payments platform called GoDaddy Payments. The platform is intended to be used by small business customers utilizing GoDaddy website products and services. The GoDaddy Payments platform was built with the technology and teams from the company’s Poynt acquisition.
Here’s the utility of GoDaddy Payments, as described in the press release:
“GoDaddy Payments provides a fast and secure way for GoDaddy’s ecommerce customers to get paid. The setup process is simple and quick, enabling customers to begin using GoDaddy Payments for processing their customers’ transactions in minutes. Payments are processed securely and efficiently, with funds deposited into users’ bank accounts the very next business day.”
GoDaddy CEO Aman Bhutani made an appearance on CNBC’s Closing Bell yesterday afternoon to discuss GoDaddy Payments:
Information about GoDaddy Payments can be found within the company’s GoDaddy.com website. GoDaddy did not register the matching GoDaddyPayments.com domain name, likely because the platform will not be moved off-site. A third party in China appears to have registered the domain name.