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Smart-pay

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Agent-based payments platform enabling efficient financial transactions in India.

Overview

Smart-pay operates an agent-based payments platform that facilitates various financial transactions, including mobile recharges, utility bill payments, and money transfers. The platform targets over 27 million users in India and aims to enhance accessibility to digital payment services, particularly for individuals in remote or underserved areas. Authorized agents are empowered to conduct transactions on behalf of consumers, with a focus on secure authentication and real-time processing. Smart-pay utilizes a widespread network of agents to address the need for face-to-face interactions in financial services, which may promote financial inclusion. The platform's diverse product offerings and integration of the Aadhaar Enabled Payment System are noted as factors contributing to its operational efficiency and user engagement.

Key facts

Founded
2017
Headquarters
Hyderabad, India
Sector
Payments

Business model

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About Smart-pay

What does Smart-pay do?

Smart-pay operates an agent-based payments platform that facilitates various financial transactions, including mobile recharges, utility bill payments, and money transfers.

Where is Smart-pay headquartered?

Smart-pay is headquartered in Hyderabad, India.

When was Smart-pay founded?

Smart-pay was founded in 2017.

Which sector is Smart-pay in?

Smart-pay operates in Payments, part of Financial Technology.

Who are Smart-pay's competitors?

Companies similar to Smart-pay include Easy Near Pay, SANMIGHT WORLD ENTERPRISE, and Pay2me.