PAYPORTAL

Payportal Services Private Limited

INTRODUCTION

Payportal Services Private Limited (hereinafter referred to as “Payportal”) is a privately-owned company that has been established in 2011 under the laws of India by international experts who have been in the payment services industry since 1996.

The Payportal establishes a connection between service providers and their customers by processing on-line recharges, bill payments and domestic money transfers in the most secure and convenient way through a Payportal wallet.

The business area of our Company is Delhi where we successfully manage 80 distributors and 2300 retailers. The Payportal team has grown to over 20 people with the most in sales. During 2017 Payportal has processed around 500 million rupees in payments that was 45% higher comparing to 2016.


PAYPORTAL OBJECTIVE

A key objective for Payportal is to rise sufficient capital to execute our plans. The strong cash position will give us a clear runaway to acquire new customers, expand within the current area of Delhi and NCR and other geographic markets (Maharashtra, Rajasthan, etc.), pursue new licensing deals, develop new technologies, expand our development resources and continue adding significant innovations to our wallet technology.


HOW IT WORK 

In general Payportal establish relationships with various mobile, DTH, utility operators, banks and manages connections for receiving and processing on-line recharges, bill payments and domestic money transfers to customers’ bank accounts from the market. Payportal has appointed its distributors in various part of Delhi. Distributors in their turn deal with their retailers appointed independently or by Payportal in the designated area. Distributors and retailers mostly represent different shops that can be found on almost every busy street in India. They sell electronic gadgets, mobile phones and all kinds of mobile phone accessories such as mobile cases, flip covers, earphones, etc. Both distributors and retailers are involved into provision of customer service like mobile and DTH recharges, utility bill payments, domestic money transfers through Payportal platform. Surely, the Payportal is watching Indian society had benefited from low internet tariffs and affordable smart phones, and introduced Android and IOS mobile applications for increasing on-line customers. Development of this market segment is our priority.


PAYPORTAL TOOL AND RESOURCES

> Centralized Platform
The Payportal centralized platform connects Indian service providers like banks, mobile
operators, digital TV operators and utility companies with public through a wallet. Payportal wallet
number is linked to a mobile number of the wallet’s owner.

> Need a Wallet?
It only takes a few seconds to set up a wallet and two factors authentication process ensures
that our customer is exactly the person who owns the wallet.

> Multiple Ways Top Up
A retailer does not need to think anymore about separate handsets, lack of service
providers and long waiting time for collection service. The multiple possibilities exist for a wallet top
up, there are: payment cards transfers, Netbanking, wire transfers to the Payportal bank account.

> Cash Collection Services
Payportal negotiates the cash collection services with the nearest distributor and
allows depositing cash into Company bank account at the biggest Indian bank branches.

> Easy Transaction
Finalizing the transaction within few seconds, making easy search in transaction history,
accessing the electronic news desk, participating in bonus programs, receiving SMS confirmation by
a customer and many other features make the Payportal wallet popular.

> Personal Techmology Support
The platform is utilizing the advantages of personal computers and smart phones. The
Payportal platform is available on secure web page (mob.payportal.in) that has been designed for
personal computers and mobile web. Smart phone users can benefit from IOS and Android
applications available at App Store and Google Play.


PAYPORTAL ROADMAP

Q2 2018 •Finalizing an integration with Bharat Bill Payment System (BBPS)
Q3 2018 •Releasing new version of IOS and Android applications with DMT •Increasing the sales efforts for the area of Delhi
Q4 2018 •Development of own blockchain •Advertising of Payportal wallet
Q1 2019 •Geographical expansion to the new areas close to Delhi (Faridabad, Ghaziabad and Noida) Q2 2019 •Developing and implementing loyalty program for retailers and distributors
Q4 2019 •Geographical expansion to TOP 3 largest Indian cities and surrounding areas (Mumbai, Bangalore, Pune or Jaipur)


PAYPORTAL TEAM

BOARD OF ADVISORS

SIMON COCKING 

DANIEL HELLER

IRINA TRAVINA

For more detail information you can also check to  PAYPORTAL WHITEPAPER.






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