TechProcess Payment Services has announced the launch of Paynimo – the next generation mobile-first payment platform. Paynimo powers a consistent user experience across different platforms, channels and devices. Its superior payment checkout experience enables an end consumer to complete transactions securely, and with minimal taps.
It is India’s first truly revolutionary payment gateway that allows offline businesses to collect e-payments. Paynimo converts regular SMS and email reminders into actionable payment links, allowing merchants to e-collect from consumers. With ready-to-use APIs, it can be instantly integrated with billing systems for quick go-to-market!
Launching Paynimo, Kumar Karpe – CEO, TechProcess Payment Services Ltd. said, “Despite having 420 million plus debit and credit cards, the acceptance of electronic payments in India has been a challenge due to lack of POS penetration. Paynimo empowers a merchants’ existing smartphone to collect e-payments without them having to invest in any additional infrastructure including a POS machine. As a ‘Super Wallet’, our solution will spur the activation of debit, credit and prepaid cards.”
“Our goal is to harness the potential of existing payment methods in the consumers’ hands and facilitate cashless transactions. Paynimo is a step in this direction as the platform operates independent of stashing cash in it. Hence, both consumers and merchants can opt for a secured ecosystem to transact without cash,” he added.
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