News: Now PayOpt Credit customers can transact at mSwipe merchants and e-commerce websites integrated with mSwipe platform!
PayOpt Credit, on-demand flexible financing solution for financial institutions, recently announced that it has joined hands with MSwipe Technologies Private Limited, which is India’s leading, transactions processing services through Mswipe’s point of sales (POS) machines, Mobile applications or payment gateways. Their current base of 400,000 merchants and plans to have 1.5 million merchants on its platform by this financial year end, would be accessible to PayOpt customers powered by partner FI’s. With this partnership, PayOpt credit will be connecting customers of small and other lenders to avail new product. In the first phase, the initiative is launched in Madhya Pradesh, Maharashtra & Delhi region, very soon it will be expanded to other state in India.
“We are extremely happy to partner with Mswipe Technologies,” says Anupam Pathak, Founder & CEO of PayOpt. “At PayOpt, our aim is to serve the consumers who want to be a part of Digital India but their credit needs are underserved by the traditional credit products. Mswipe would extend our reach to larger merchant network to offer our customers, also benefit our partner financial institutions with vast footprint for spending avenues through their lending business. I am sure the consumers would appreciate the easy access to credit on EMI, the flexibility of multiple withdrawals and accessibility to spend it on what is most important to them at the time.”
About PayOpt
PayOpt is a unique highly customizable, secure, on-demand financing solution platform. It aims to connect the three essential components of the credit ecosystem including Financial Institutions (who are the lenders), Consumers (who are the borrowers) and Merchants/ Sellers (who offer spending avenues). This web-enabled and mobile-friendly platform is extremely easy to use and offers anytime anywhere access of funds to the consumers. Through its wide network of sellers and merchants, it offers exclusive offers and special schemes to the consumers. To the financial institutions, it offers a payment instrument with credit covering cash and consumer loans and enables them to stay relevant and technologically competitive.
For more information on PayOpt, visit http://www.payopt.in
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