PR Newswire | 27 Feb, 2015
MUMBAI: My Mobile Payments Ltd, one of India's largest mobile payments services company that owns the MoneyOnMobile brand, has announced the launch of PayJaldi service specifically for merchants and small & medium businesses (SMEs). The PayJaldi service shall be launched at the forthcoming Mobile World Congress being held at Barcelona, Spain from March 2nd to 5th 2015.
PayJaldi is a solution that helps millions of SME businesses to collect payments from their customers while providing services or selling goods. PayJaldi helps customers make quickpayments with a few touches on their smart phones.
Customers can make payments from their mobile using various types of payment options including credit cards, debit cards, cash cards, net banking and mobile wallets. Customers do not need to download any application. By clicking on a smart link embedded SMS message, customers can review the invoice and complete the payment.
"When it comes to time and speed, it is important that customers can make even the most complicated transaction with minimum effort. The PayJaldi solution helps achieve this without too many clicks required," says Shashank Joshi, Managing Director, My Mobile Payments Ltd.
He further adds, "With PayJaldi in place, MoneyOnMobile now becomes a complete channel organization to address the payment related needs of all segments of the society, and marks yet another important step towards making our dream of making India a cash-lite economy a reality."
About MoneyOnMobile and YPAYCASH
My Mobile Payments Limited (MMPL) is one of India's leading mobile payment solutions company, through its 'MoneyOnMobile' brand; a service aimed at bringing quick, simple and efficient mobile payment solutions to everyone. MoneyOnMobile enables purchase of goods, making easy payment top-ups, payment of utility bills, DTH recharges and more, just with the click of a button. MoneyOnMobile is an application with multi-lingual capability, and the first in India to have a multi-lingual app for a service in this category. MoneyOnMobile also announced the launch of its domestic Mobile Money Order service for customers in January 2015. MoneyOnMobile is currently authorized by the Reserve Bank of India (RBI) to set up semi-closed payment system in India which enables registered users to buy good products and services from registered merchants. With MoneyOnMobile, Stop at Nothing Pay for Anything.
PayJaldi solution is developed and implemented by YPAYCASH, a fast growing mobile payment services provider with innovative solutions that are designed to quicken the payment process for both consumers and merchants through technology enabled processes. Located in Bangalore, YPAYCASH is a subsidiary of My Mobile Payments Ltd.
For more information, please visit http://www.money-on-mobile.com and http://www.ypaycash.com.
For any more queries, please contact:
Vipul Bondal, Veriitte Consulting