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PayMe Bharat launches ‘Buy currently Pay Later’ feature on ‘SALT’ app By Leandra Monteiro
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Buy currently Pay Later
PayMePayMe Bharat launched the associate application ‘SALT’ that permits users to shop for one thing while not paying directly. the client enjoys a credit limit and may pay his bills later at intervals a specific interest-free amount. people WHO don’t even possess a MasterCard will avail of those services through SALT.
SALT just needs the completion of a basic KYC method and also the limit are often used either via ‘Scan & Pay or bourgeois transactions. The dealings are taken care of by a ‘buy currently, pay later’ service supplier WHO pays to the bourgeois on the behalf of the client, i.e., another to MasterCard. tho’ on the market solely in Hindi and English languages, the SALT app can before long be operational in Tamil, Telugu, Kannad, Marathi, and alternative regional languages.
While commenting on this new application, Mahesh Shukla, founding father of PayMe Bharat aforesaid, “SALT is PayMe India’s aim of developing versatile finance choices of untroubled credit solutions and ‘one-tap’ instant credit limit that allows consumers to shop for one thing however pay money for it later at intervals a specific interest-free amount. What makes SALT distinctive is that even a private not possessing a MasterCard will avail of its services. compensation on the SALT app is simply one bit away. To suit the convenience of credit takers, SALT additionally provides the associate possibility of compensation in EMIs, no further charges, and a bunch of exciting offers.”
Extensive deliberations and careful analysis were undertaken to create certain that the problem of instant credit or funds is set to rest as effectively and firmly as attainable. By providing a simple credit resolution to individuals not having a MasterCard, SALT strives to attenuate the burden on pockets moreover,” additional Mahesh Shukla.
The service portfolio of PayMe Bharat contains a spread of FinTech solutions that embrace instant personal loans, company loans, and credit score improvement choices. All of those services are designed to handle the monetary exigencies of individuals thanks to some medical emergency in their family, job loss, etc. The addition of SALT diversifies the scope of PayMe Bharat.
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The third day of Episode Six and HSBC’s Partnership Shows the facility of Banks and Fintechs operating along
PayMe, Hong Kong’s leading e-wallet, uses Episode Six’s payments platform
HSBC is an associate early-stage capitalist in Episode Six, that has raised US$40m of funding
HONG KONG / ACCESSWIRE / Gregorian calendar month eighteen, 2022 / Episode Six and HSBC are celebrating the third day of a technology partnership that has contended a task in serving to PayMe from HSBC become Hong Kong’s leading e-wallet supplier and proved however Episode Six’s platform, Tritium®, will facilitate banks quickly rescale merchandise geared toward massive client bases and simply extend those merchandise into new areas.
Since the partnership between PayMe and Episode Six started in 2018, PayMe’s user base has adults to over a pair of.5 million, whereas the app has gained the biggest share of all e-wallet peer-to-peer fund transfers in the metropolis and systematically distended its bourgeois network across sectors within the town. atomic number 1 is the industry’s most versatile and protractible technology of its kind with over 600 genus Apis and ready-to-launch product suites.
“The three-year milestone of our collaboration with Episode Six illustrates our dedication to nurturing a powerful scheme with the broader fintech community,” aforesaid Catherine Chow dynasty, world Head of Ventures, Digital Innovation and Partnerships at HSBC. “Partnerships like this are key to drive innovation at intervals monetary services and form however the longer term of banking can look. With PayMe, we’ve got re-imagined digital payments, facultative our customers and merchants to interact seamlessly at intervals an enticing digital platform. Episode Six permits banks, fintech, and also the broader profession to style effective digital journeys efficiently.”
“We’re proud to be operating with HSBC and growing our partnership while advancing monetary technology,” said John Mitchell, co-founder, and business executive of Episode Six. “Our platform is facultative ancient and digital initial banks around the world to bring on-demand digital payment offerings to their customers, responding to the shifting wants of shoppers and businesses globally. Our vision is for our protractible and variable platform design to empower all of our purchasers with uncomparable user-driven configurability to modify any payment dealings across any possible plus category, any time and in any manner.”
#1 social payments app
PayMe from HSBC has quickly become Hong Kong’s most well-liked social payment app and a most popular channel for transferring cash and connecting with friends and family since its launch in 2018. The roll-out of PayMe for Business, PayMe’s business resolution, followed in early 2019, providing businesses within the town replacement thanks to handily collecting digital payments from shoppers and managing income.
Episode Six offers banks, fintech, and types the liberty to style and convey winning payment propositions to plug with unmatched speed across any plus category. The company’s purchasers embrace the world, regional, and domestic banks, neobanks, fintech, and insurtechs around the world. These organizations are drawn to Episode Six’s proven and superior technology, which might handle multiple thousands of transactions per second.
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