SMS Payer

  • Bangalore, India
  • FinTechMobile wallets/ Payments, Mobile

Pay upto Rs.1 lac by just sending SMS to our number without the support of internet and smart phone

Founded:
2014
Stage:
Beta Launched
Market:
B2C

Startup Video

Featured


Jobs


Team Summary

Imran Khan: B.Pharma, MBA graduate worked with Gsk, Pharmed Ltd as Product Manager and Brand Manager for Fortis Hospitals. Presently working as Director for Cambri School & IBK Industries Pvt Ltd.
Ashirwad: An Engineer by profession and son of Director of Research for GKVK-Hebbal Mr.Vishwanath. Working as proprietor for AAVISHKAAR ENTERPRISES

Team

Founding Team

Product/Service Summary

SMS Payer is a SMS based technology developed to ease the present digital payment solutions. It also supports the rural India to make payments upto Rs.1 lac just by sending the SMS.
To make the payment,
1. Payer needs to enter the payer mobile number and amount details.
2. Send this SMS to our long code number
3. Payer will get IVR call to enter MPIN
4. Payments will be done
It can also act as a parallel solution for COD and online payment systems.
We have also designed SMS Payer for remittance market, where any person can remit the money just by sending SMS instantly to our number.
In this model we will make revenue by charging 1 to 1.5% to merchants.

Product/Service Descriptions