The Silicon Review ^Asia

The electronic payment system has grown increasingly over the last decades due to the growing spread of internet-based banking and shopping. As the world advances more with technology development, we can see the rise of electronic payment systems and payment processing devices. As these increases, improve, and provide ever more secure online payment transactions the percentage of check and cash transactions will decrease.

Payswiff Solutions is the leading Fin-Tech firm that provides Omni-channel payment processing and tax compliance solutions to small & medium businesses, large enterprises, banks and ISP’s across India and in 11 international locations. The co-founding team comprising of seasoned professionals with 13+ years’ experience in the payments industry launched Paynear in 2013. Their dream was to empower small & medium businesses with a simple, hassle free and secure payment transaction solution, which fulfills their day-to-day payment processing requirements. In 2015, the company launched its first flagship product - Paynear ONE, an omni channel payment transaction solution that lets business owners accept payments from their customers in-store, at home deliveries, online and on-the-go using mPOS and POS solutions.

Within a short span, in 2017 Paynear acquired Singapore headquartered Goswiff International and the trade name was re-branded as Payswiff Solutions. In the same year, Payswiff also become a licensed GST Suvidha Provider (GSP), that provides convenient tax filing services to businesses & other stakeholders through its invoicing and GST filing application - 'Taxngo'.

Payswiff ONE – the company’s flagship plug ‘n’ play payment transaction solution helps its businesses accept payments through multiple modes, including debit cards, credit cards, net banking, payment gateway, e-wallets and UPI. Payswiff TaxnGo solution lets small & medium businesses automate their GST return filing needs along with managing their customers, products, vendors, credit/debit memos, create sales & purchase invoices and generate printable invoices seamlessly.

PAYSWIFF ONE MPOS

Payswiff ONE offers business owners a fast, easy & hassle-free payment solution to manage their daily payment needs. It's a simple, secure and affordable mPOS solution that can be used by any type of business. Using Payswiffm POS solution you can sell anytime-anywhere, offer multiple payment modes, earn additional income, and easily manage business from anywhere-anytime. Payswiff ONE app has been specially designed for both the android and iOS platforms. It can be used on your smartphone or a tablet with ease, while the data remains safe & secure. You can download the app from the app store and Google play store.

PAYSWIFF DIGITAL POS

The standalone POS device is a simple, secure and easy to use card swiping machine ideal for any type of business looking to provide quick payment option to their customers. Payswiff POS lets you sell anytime, anywhere and offer multiple payment modes. Standalone POS device doesn’t require connecting with a smartphone or an app making the payment transaction even more faster and convenient. All you need is the device to perform transactions.Sell without boundaries and expand your reach by offering card on delivery option to your customers. Using the POS card reader, accept credit & debit card payments at your customer’s door step.The POS device has a Li-ion 1850 mAh battery which once charged is active for 48 hours and performs nearly 300+ transactions giving you uninterrupted payment transaction experience.

PAYSWIFF ANDROID POS

The Android POS is a compact and handy device that is more than just a payment acceptance solution. It’s an Android powered point of sale device which lets merchants/business owners accept payments from credit/debit cards, wallets, online payments, UPI, Bharat QR, QR Payments and offer EMI option. Apart from accepting payments, the Android POS lets merchants generate bills, invoices, and track sales along with transactions on a daily/weekly/monthly manner.Android POS card swiping machine lets merchants accept both contact & contact less cards, with all leading debit & credit card brands such as MasterCard, VISA, American Express and Maestro. Android POS device doesn’t require connecting with a smartphone making the payment transaction even more faster and convenient. All you need is the device to perform transactions.

ONLINE PAYMENT GATEWAY

A Payment Gateway is a service that automates transaction between the shopper and the merchant. It is a third-party service that enables our merchants to process online transactions via the use of Debit (ATM) and Credit card payments thus providing them with many advantages. When it comes to the Digital payment ecosystem, India has become the most evolved country. With key initiatives like Digital India, progressive regulatory policies, various government initiatives and increased use of smartphones, the Indian payment industry is going through a transformation phase. Some businesses have set up their portals with integrated payment gateways, shopping carts, invoicing, etc. But there is still a large section of businesses and entrepreneurs who are finding it hard to take their business online. This is where Payswiff Payment Gateway comes into play. Payswiff’s Payment Gateway is compliant with the Payment card industry data security, thus giving a Secured and Real-time transaction.We have got various certifications like SSL, Pcad and more.

MEET PRABHU RAM, MD & GROUP CEO

A Serial Entrepreneur, Evangelist and a Mentor to Start-ups, Prabhu has over 15 years of experience in the E-Commerce and Payments Industry. Before Payswiff, Prabhu Co-founded and established one of India’s largest Online Payment Processing Platforms – EBS, that was later acquired by Ingenico.

“To be the leader in the merchant specific solution industry including payment processing is a goal we’re serious about; that doesn’t mean we can’t have fun achieving it.”