Goodnight. Tell us about this project?
Hey
Payportal Services Private Limited (hereinafter referred to as “Payportal”) is a privately-owned company that has been established in 2011 under the laws of India by international experts who have been in the payment services industry since 1996.
The Payportal establishes a connection between service providers and their customers by processing on-line recharges, bill payments and domestic money transfers in the most secure and convenient way through a Payportal wallet.
The business area of our Company is Delhi where we successfully manage 80 distributors and 2300 retailers. The Payportal team has grown to over 20 people with the most in sales. During 2017 Payportal has processed around 500 million rupees in payments that was 45% higher comparing to 2016.Tell us about the business model
In general Payportal establish relationships with various mobile, DTH, utility operators, banks
and manages connections for receiving and processing on-line recharges, bill payments and
domestic money transfers to customers’ bank accounts from the market.
Payportal has appointed its distributors in various part of Delhi. Distributors in their turn
deal with their retailers appointed independently or by Payportal in the designated area.
Distributors and retailers mostly represent different shops that can be found on almost
every busy street in India. They sell electronic gadgets, mobile phones and all kinds of mobile phone
accessories such as mobile cases, flip covers, earphones, etc.
Both distributors and retailers are involved into provision of customer service like mobile
and DTH recharges, utility bill payments, domestic money transfers through Payportal platform.
Surely, the Payportal is watching Indian society had benefited from low internet tariffs and
affordable smart phones, and introduced Android and IOS mobile applications for increasing on-line
customers. Development of this market segment is our priority.
