Payment Services Startup Investment Opportunity in New Delhi, India

- Innovative mobile payment app: Introducing a unique mobile payment platform that streamlines transactions via QR code scanning and rewards users with cashback, fostering traditional business engagements.
- Soft-launched: The app is currently available for early adopters on the Play Store, signalling a significant step in its market entry strategy.
- Location and team: Based in New Delhi, the company operates with a lean but dedicated team of five employees, maximizing efficiency and innovation.
- Community empowerment: The app is designed to bridge the gap between shopkeepers and customers, creating a business ecosystem that benefits both sides without selling products directly or endorsing third-party sales.
- Wide application: It supports a myriad of traditional business segments including retail, and services like salons and insurance, and has the potential to integrate various traditional businesses within one application.
- Cashback incentive: Users benefit from engaging with the app through a rewarding cashback system, incentivizing frequent and loyal use while encouraging spending in local markets.
- Revenue model: We will charge a commission ranging from 4% to 25% on user payments and provide cashback rewards to customers depending on the transaction size and frequency.
- Market potential: With the increasing demand for contactless payment solutions, the app is poised to capture a significant share in the mobile payment industry by supporting local businesses and community-driven commerce.