June 3, 2015

Revolutionising electronic payments, the mobile way

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By The Hindu Business Online
Paynimo powers your existing smartphone to become a virtual point-of-sale

A Deloitte report earlier this year forecasts that in-store mobile payments will increase by a 1000 per cent globally, and that smartphones will be used increasingly for these payments. Although this indicates a revolution in the retail sector, we’ll look at how one start-up zoomed in on the space of payment transactions to make a difference across sectors, much of it mobile-led.

TechProcess was set up in 2000 and along the way transformed itself from a heavy, process-oriented model to a fin-tech one. This is the story of a product that has multi-sector impact and has involved multi-faceted transformation of the company behind it.

Read more on The Hindu Business Online site.

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