Indipaisa, NSDL Payments Bank to launch new fintech platform in India

The firm is projected to register annual growth of more than USD 1 trillion by 2025

Indipaisa, a solid network of international Fintech companies which operates in Europe and Middle East Asia, is deploying new financial technology solutions, targeting the booming 63 million Small & Medium-sized Enterprise (SME) sector of India.

In collaboration with NSDL Payments Bank, Indipaisa plans to launch an array of financial services as well as products catering to the specific needs of Indian SME operators and owners.

Indipaisa’s efforts to make SME owners and operators thoroughly competent for managing their own finances underpins its goal to provide facilities and services aiding them with business expansion, government compliances such as tax laws and development of secure future for their families.

Aizaz Tahsildar, CEO of Indipaisa, stated that the opportune partnership with NSDL Payments Bank will allow both parties to help small businesses in the country adhere to India’s digital drive for a cashless society.

Mr. Tahsildar mentioned that the company is on a mission to provide affordable, high-quality Fintech services, necessitated by the current needs of the Indian SME market, building upon its commitment to deep domain knowledge, technical expertise and innovation, which will ensure solid competitive edge.

Commenting on the recent tie up, Ashutosh Singh, President and CEO of NSDL Payments Bank, quoted that the recent collaboration with Indipaisa is in line with one of its fundamental goal to introduce small merchants throughout the country with digital banking and payment solutions.

Mr. Singh also promoted the new services advertising its zero cost customer payments settlement, which will be transferred into the merchant bank account faster than ever.

Furthermore, Indipaisa is also doing its part for RBI’s drive to digitize payment, fostering the growth of SME sector.

Source Credits: https://economictimes.indiatimes.com/industry/banking/finance/banking/indipaisa-partners-with-nsdl-payments-bank-to-launch-a-new-fintech-platform-targeting-indias-flourishing-63-million-sme-sector/articleshow/88503079.cms

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