Financial service companies that integrate technology to provide services are known as Fintechs. In the past decade, they have created a new market for users, who are happy to use technology that saves time, effort and makes life easier. People have gradually shifted to digital payments and this has resulted in Fintechs offering not just instant payment services but recurring payment solutions as well as instant loan for payment, among a barrage of other financial services. Easing the financial crisscross, one step at a time, here are some fintechs that have changed the way we make payments.
Paycorp.io
This tech-based financial solution is apt for all sorts of recurring payments like bills, payments to vendors, salary of employees, etc. While it ensures quick and guaranteed B2B recurring auto-debit solutions, individuals too can use the services via banking partners. It enables same day execution of payment, which is in stark contrast to long processing, cumbersome conventional industry solutions. This is possible because Paycorp.io has a direct interface with at least six banks. With Paycorp.io, you can make weekly, fortnightly, monthly, quarterly and also yearly payments, without worrying about late fee charges, all thanks to digital touchpoints like WhatsApp, link push, portal, UPI, ACH and cards that make it further easier to make payments.
Razorpay
Razorpay has emerged as the most popular form of payment gateway, used by businesses. It is safe, fraud proof and ensures quick payments. They charge a nominal transaction fee of 2-3% along with GST on each transaction. It accepts more than 100 different payment methods, including cards and UPI. It promises to be a safe and secure payment alternative, something that every company that accepts digital payments must have. The security of the payment mechanism contributes to the customer’s confidence while using digital payment methods. Additionally, Razorpay not only works in one direction but also enables the business owner to process and send payments to vendors in a safe and secure manner online.
Paytm
Paytm has become the most widely used payment method, therefore most of us have used it personally. In India, not only at stores and shopping centres but also by street vendors, it is generally accepted. The pinnacle of online transactions in the D2C sector, it enables quick and secure UPI payments through cashless transactions. Thanks to this streamlined app’s simple interface and simplified method, the majority of the people is now able to transact in digital payments.
CashKaro.com
Cashkaro is modelled after the payment gateways used in London, where customers receive cashback and reward points for using their portals. These points can then be utilised to make other purchases. The biggest cashback and coupon website has finally arrived. The gateway accepts cash payments in addition to all other forms of online payment, including cards and UPI. The user only needs to choose any product from more than 1500 e-commerce portals and pay through the CashKaro gateway—a great bonus. It provides the consumer with intriguing discounts and extra cashback, both of which are irresistible.
Zest Money
The salaried class, who receive a fixed amount each month and cannot afford to purchase pricey necessities all at once, is Zest Money’s key consumer. Zest Money enables users to pay in full at the moment of purchase and spread their payments into 3–4 convenient payments. There are no hidden fees, interest, or processing expenses. You won’t have to wait long for that new television you’ve been coveting thanks to the prompt approvals. One can shop as much as they like thanks to the more than 85000 online and physical store partners.
