fonePaisa
Curated by SignalMobile app for payments at online and offline retail stores
Overview
Fonepaisa is a platform for offline and online merchants to collect payments from the customer, reducing the PoS terminal cost for the merchant. Besides all contemporary payment options, it aggregates all sources of fund; be it a banking account, credit/debit card or a digital wallet, giving the customer options to pay. It works with NPCI, not with any specific bank. Enables the customer to approve each payment with the authentication factors, as stipulated by RBI. Plans to launch QR code enabled payments. Does not hold a wallet license; offers IMPS based merchant payment.
Key facts
- Founded
- 2014
- Headquarters
- Bengaluru, India
- Stage
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- Industry
- Financial Technology
- Sector
- Payments
Business model
- GTM channel
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Contact
- Primary office
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- Phone
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