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Payment Services Company for Sale in Vijayawada, India

Fintech software, website, mobile application for bill payments, retailer onboarding, ready for BBPS& API integrations.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Payment Services
Locations  Vijayawada
Local Time 2:49 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 9.5 thousand (Native Currency: INR 900,000)
Reason: The business is being offered for sale as due to focus on other projects and commitments.
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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.
Products & Services Overview
The business offers a fintech software platform consisting of a website and mobile application for bill payments, retailer onboarding, and commission management. The platform is designed for retailers, distributors, payment service providers, and entrepreneurs who want to operate utility payment services using BBPS and other bill payment API integrations. The software is development-ready, and buyers can start operations after completing the required API integrations, approvals, and licenses. Guidance for integrations, setup, and platform maintenance can also be provided.
Assets Overview
Website, mobile application, admin panel, brand name, domain, retailer onboarding system, commission management system, and bill payment modules. Buyer will also get the private limited company registration and startup recognition certificate, which may help in building business credibility, opening business banking services, and supporting future license and approval processes. The company is already two years old, which can be beneficial while applying for integrations, licenses, and partnerships.
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.
Recent Activity
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8 Buyers already contacted this Business. Register below to connect now!
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.
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