Newly Established Payment Services Company for Sale in Vijayawada, India
Efficient payment solutions for B2B merchants: Business for sale with strong transaction potential.
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | USD 13.5 thousand |
| EBITDA Margin | 5 % |
| Industries | Payment Services |
| Locations | Vijayawada |
| Local Time | 5:41 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
11.3 thousand
(Native Currency: INR 1,000,000)
Reason: Struggling to manage the business due to multiple lines of operation.
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Business Overview
- The company is an NPCI-approved B2B-BBPS bill payment provider located in Vijayawada, specializing in efficient payment solutions for businesses.
- It focuses on servicing third-party retail merchants, including internet cafes and retail outlets, allowing them to offer bill payments to their customers.
- Key products and services include mobile recharge, electricity bill payments, and credit card processing, enabling users to enjoy seamless transaction experiences.
- Merchant partners can earn commissions on each customer bill payment, creating additional revenue streams for their businesses.
- The business processes a monthly transaction volume of INR 1 crore and generates income through a competitive 1% commission on each transaction.
- A low transaction fee digital wallet system for credit card payments makes it easy and cost-effective for both businesses and end users to transact.
- The platform supports instant payment settlements, matching the efficiency of other leading providers in the payment services industry.
- Operating under the BBPS license and affiliation with the National Payments Corporation of India (NPCI) enhances the trustworthiness and reliability of its services.
- The company maintains operational efficiency with just 2 employees, outsourcing resources for ongoing support to meet customer service needs effectively.
- The annual revenue for last year is not available as the business commenced operations only this year.
- It focuses on servicing third-party retail merchants, including internet cafes and retail outlets, allowing them to offer bill payments to their customers.
- Key products and services include mobile recharge, electricity bill payments, and credit card processing, enabling users to enjoy seamless transaction experiences.
- Merchant partners can earn commissions on each customer bill payment, creating additional revenue streams for their businesses.
- The business processes a monthly transaction volume of INR 1 crore and generates income through a competitive 1% commission on each transaction.
- A low transaction fee digital wallet system for credit card payments makes it easy and cost-effective for both businesses and end users to transact.
- The platform supports instant payment settlements, matching the efficiency of other leading providers in the payment services industry.
- Operating under the BBPS license and affiliation with the National Payments Corporation of India (NPCI) enhances the trustworthiness and reliability of its services.
- The company maintains operational efficiency with just 2 employees, outsourcing resources for ongoing support to meet customer service needs effectively.
- The annual revenue for last year is not available as the business commenced operations only this year.
Products & Services Overview
Our top-selling services include credit card, bill payments (such as broadband, mobile recharge, electricity, etc. ), as they offer instant settlement to cards, similar to many other companies in the market providing the same solution. Our users primarily consist of B2B clients (third-party retail merchants)
Assets Overview
The business does not own any tangible assets. Its intangible assets include a bot web application with an admin dashboard, an Android mobile application, and the option to develop an iOS application if required, along with the incorporation certificate.
Facilities Overview
No facility since it is an online website.
Capitalization Overview
The business is boot-strapped and has 2 directors, the business doesn't have any debts and has a GST input of INR 30-40k.
Recent Activity
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1 week, 6 days agoOwner, IT Services, Pune, Individual Investor / Buyer connected with the Business
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2 weeks, 1 day agoFounder & Director, Software Development, Jhunjhunu, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysHead Of Architecture, Financial Services, Dubai, Individual Investor / Buyer connected with the Business
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2 Buyers contacted this Business this month.
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