SpurPay estimates that failed payments cost businesses around $118.5 billion globally each year, including roughly $44.4 billion in U.S. retail and hospitality. The company’s goal is to make payment recovery happen before a failed transaction becomes visible to the business or its customer. SpurPay is aimed at businesses where payment failure carries direct financial consequences, including retail and hospitality, logistics and manufacturing, and other payment-heavy enterprises. Zhengxi Tan, the founder of SpurPay, brings a background in AI and machine learning model infrastructure, inference optimization, real-time payment recovery, and distributed financial systems. SpurPay’s product direction reflects that deep domain expertise, applying advanced AI infrastructure to reinforce the efficiency and reliability of modern financial rails.