Newly Established Payment Services Company Investment Opportunity in Surat, India
|Employees||2 - 5|
|Legal Entity||Private Limited Company|
|Run Rate Sales||Nil|
|Local Time||9:44 PM Asia / Kolkata|
|Listed By||Business Owner / Director|
- We are a ROC-certified firm planning to provide payment services, in talks to co-partner with ICICI Bank Ltd.
- Currently, the business is in the planning stage and has many types of proof of concept.
- Aim at providing the best solution to the Indian middle-class and youngsters.
- We are in talks to tie-up with ICICI Bank and launch a prepaid card.
- Customers will receive an instant 100% cash back on every transaction up to a limit that they subscribe to. The limit is set for a per monthly basis.
- We have a projection report that shows a hopeful turnover of INR 7,000 crore business by the end of 2 years.
- Will provide post devices to retailers to swipe our cards only.
- Revenue generation will be through subscriptions, and an 18% commission is charged to retailers on every swipe.
- Business operations will start in 6-7 months after the investment is received.
- We plan on providing a prepaid card to customers to make payments and get cash backs. Customers will have to open an account, deposit money, and make transactions.
Load the money into a card swipe anywhere at our merchants and get instant 100% cashback on every transaction.
Max limit of cashback is INR 25K per month.
Our card memberships give different types of cashback limits to the cardholders.
Withdraw money from the card at any ATM anytime.
The business does not have any physical assets yet.
We have rented office of 150 square feet in Mota Varachha, Surat.
Earlier than 15 daysExecutive Director, New Delhi, Financial Consultant connected with the Business