MOBIPAY SECURISERVICES PRIVATE LIMITED

In their own words

Mobipay has put together a globally disruptive, innovative and a differentiated secure transactional platform for a mobile device, which was the missing capability in a mobile. Primarily built for voice and messaging, mobiles lacked this capability. With a secure element, certified crypto and data storage capability now enabled on the mobile, a smart or a non-smart / feature phone upgrades to a “smarter, secure mobile device” capable of even handling blockchain / crypto and digital currency transactions in an online and an offline mode. With global patents and supporting IP and about 7 years behind in the development, it today has been recognised by the RBI and NPCI for the 123Pay service vertical – enabling UPI on a non-smart phone. With the technology to cover the full gambit of Financial Inclusion, the target now opens up as a B2B and a B2C service platform with Payment banks, the micro Finance and the Small Finance banks, enabling them move into the untapped segment in tier 2 & 3 cities and the rural areas primarily for the unbanked and underbanked segment. Additional capabilities here include : - UPI E-voucher and the E-rUPI services - Handling digital currency services : online & offline - Hosting the National ID as a QR - Hosting health certificates. and the technology edge here makes them the only technology today available for most of the above service verticals. With a possible user segment of over 2 bill users across India, Pakistan, Bangladesh, Africa, South and Central America, this disruptive and innovative technology has a potential to become a leading player globally in handling the future for mobile transactions – financial and non-financial. The technology team behind the venture has today gained the confidence of NPCI and the RBI as one of the major contributors to helping the nation reach the target of a 5 Trillion USD economy by 2025

Written by the company on its public Startup India profile. Not verified by us.