PayMate launches Mobile Kisan Credit Card for Farmers

PayMate has launched Mobile Kisan Credit Card (mKCC), India’s first Mobile Money Credit Delivery solution for farmers. It would let the farmers use their loan amounts in an easier, instant and more efficient manner. It is developed in collaboration with Pallavan Grama Bank, Indian Bank and National Bank for Agriculture and Rural Development (NABARD). Continue reading “PayMate launches Mobile Kisan Credit Card for Farmers”

Paymate powers Inter Bank Mobile Payment Service in India


Paymate, which is one of the oldest and largest mobile payment company, now powers Inter Bank Mobile Payment Service (IMPS) in India. Paymate already offers online bill payments, mobile and DTH recharge, pre-paid wallets and train ticket bookings for both consumers and enterprises. Continue reading “Paymate powers Inter Bank Mobile Payment Service in India”

Paymate joins indian mobile payment space

paylogo.jpgPaymate is a mobile payment platform that allows users to use their mobile phones to make payments. The company recently got funding from VCs to the tune of $5 Million as reported by economic times and by mobilepundit

The VCs are none other than legendary VC Ram Shriram with his Sherpalo Ventures which funded Google in its initial days and Kleiner Perkins Caufield & Byers

Paymate is founded by Ajay Adiseshann, formerly the CEO of Coruscant Tec, a mobile value added services company and Probir Roy, formerly CIO of StarTV and Co-Founder Coruscant Tec. The Company is advised by Alex Kuruvilla, the former head of MTV Networks in India.
via [mobilepundit]