↩ Go Back
Need help?

Cashless Mobile Payment Technology Company for Sale in Bangalore, India

New age cashless mobile payments technology for the Indian market is up for sale.
This transaction has concluded.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Payment Services
Locations  Bangalore
Local Time 4:25 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 240 thousand (Native Currency: INR 20,000,000)
Reason: Focusing on another venture.
Interested to connect with advisors
Business Overview

The product is built to democratize the currently fragmented payments eco-system that creates silos. Hence, we built a technology that allows a user to pay using any payment mode such as debit / credit cards, netbanking, digital wallets, gift or meal vouchers and UPI. Merchants too will have easier operation with a single point of reconciliation.

Highlighting few key features of our product:

User Experience:

Our product offers the best user experience across any form of digital payment. The key lies in making is so simple to use that it provides the same simplicity that cash brings. We’ve worked hard to draw a great balance between simplicity and security.

Speed of Transacting:

Often the speed of transacting makes people move to cash instead of paying digitally through their mobile phones. Our technology ensures that it takes no more than 3-4 seconds to complete the payment process.

Interoperability:

Interoperability is the core foundation on which we built the product since the aim was to enable money spend from any instrument at any merchant.

Security:

While simplicity and speed of transacting are important, security is still the focal point of our solution. We use a combination of cryptographic, device signatures, monitoring and just in time flagging to ensure maximum security.

Products & Services Overview

The sale of product / technology includes:

- Operational backend of cloud.

- Android, iOS apps.

- QR code based payments, remote collections.

- Integrated bill pay (DTH, Broadband, Recharge, Gas, Water, Electricity etc)

Facilities Overview

Office space in JP Nagar.

Capitalization Overview
Not Disclosed
Recent Activity
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How active are the business profiles listed on SMERGERS?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more