I want to ask about the purpose of this project? What makes your project different between other similar projects?
1. Yes we are different. Our competitors mostly focus on a particular service either mobile recharges and TV bills, or domestic money transfers or railway/bus tickets. Payportal provides all this services on a single platform. Bill payments PAN India project has been started by the RBI at the beginning of 2018, and Payportal will be one of the first in the market with this services available, also access criteria will not allow many companies to participate. More than that, cross border money transfers project is new on the market.
Most of the competitors does not have IOS and Android apps, or those not much popular among retailers and people due to poor usability. Our platform is the best, according to the market feedback.
2. Payportal has all services available in one wallet, while most of the competitors are focused on either recharges or domestic money transfers. Bill payments across India become available due to implementation of Bharat Bill Payment System by the RBI that requires complex integration and compliance with the requirements that Payportal has been finalizing. Cross-border money transfers will be unique as our competitors do not provide such services. Payportal is more customers oriented in terms of quality and has IOS and Android applications available at App Store and Google Play while some competitors use only SIM based technologies or web based interfaces.
