TechProcess Launches Paynimo – the Mobile-first Payment Platform

Key Highlights

• Paynimo enables merchants to replace cash on delivery with e-payment on delivery

• Converts the merchant’s smart-phone into a Virtual Point-of-sale device, thereby allowing offline merchants to collect e-payments

• Comprehensive Multi-mode payment platform - card payments, Net-banking, NACH, NEFT/RTGS, IMPS, e-wallets and the like                                                                                                                                                                              

TechProcess Payment Services Ltd, India’s leading payment solutions company, has today announced the launch of Paynimo – the next generation mobile-first payment platform.

Paynimo powers a consistent user experience across different platforms, channels and devices. Its superior payment checkout experience enables an end consumer to complete transactions securely, and with minimal taps. It is India’s first truly revolutionary payment gateway that allows offline businesses to collect e-payments. Paynimo converts regular SMS and email reminders into actionable payment links, allowing merchants to e-collect from consumers. With ready-to-use APIs, it can be instantly integrated with billing systems for quick go-to-market!

Launching Paynimo, Mr. Kumar Karpe – CEO, TechProcess Payment Services Ltd. said, “Despite having 420 million plus debit and credit cards, the acceptance of electronic payments in India has been a challenge due to lack of POS penetration. Paynimo empowers a merchants’ existing smartphone to collect e-payments without them having to invest in any additional infrastructure including a POS machine. As a ‘Super Wallet’, our solution will spur the activation of debit, credit and prepaid cards.”

“Our goal is to harness the potential of existing payment methods in the consumers’ hands and facilitate cashless transactions. Paynimo is a step in this direction as the platform operates independent of stashing cash in it. Hence, both consumers and merchants can opt for a secured ecosystem to transact without cash,” he added.

The salient features of this break-through mobile payment offering are:

1. Effective and secure alternative to cash-on-delivery with anytime, anywhere, any device e-payment

2. No Website, No POS, Converts your existing smartphone into Virtual POS

3. With state of the art dashboard for effective consumer service, users no longer need to go through the hassle of creating a separate prepaid wallet and load cash each time

4. It’s configurable UI support merchant branding guidelines and can be integrated with social network

5. Instant Integration for quick go-to-market

6. Instant and simultaneous payment confirmation to the merchant, consumer and delivery boy

7. PCI DSS 3.0 certification for best in class security

To experience the process of sending, receiving and requesting money via Paynimo, please click on the video link: https://www.youtube.com/watch?v=GTdNFI8bUEE

About TechProcess Payment Services Ltd.

TechProcess Payment Services Ltd. has been pioneering electronic payments in India since 2000 by setting up BillJunction.com– India’s first electronic bill presentment and payment service. TechProcess has been building, managing and servicing the e-payments ecosystem through its innovative cloud based payment platforms which have been adopted by leading brands. The service offerings cover the entire gamut of non-cash modes of electronic payments such as card payments, Net-banking, NACH, NEFT/RTGS, IMPS, e-wallets and the like. For more information, please visit www.techprocess.co.in