What can you tell 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.