PayMate payment gateway
Based in Mumbai, Maharashtra, India. Covering India.
This payment gateway covering India ₹
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A cloud-based platform for Enterprise & SME customers that enables real-time payments automation & provides access for working capital. PayMate is transforming the way Indian businesses pay and get paid efficiently and helps them grow. As a leading provider of business to business (B2B) payment solutions, PayMate is helping large Enterprises and SMEs transition from traditionally slow and costly forms of payments such as cash and cheques to real-time and efficient digital payments. Our award winning technology platform provides businesses the ability to automate and seamlessly manage vendor payments (Account Payables), customer payments (Account Receivables), invoicing, and cash flow. Multiple forms of electronic payment channels are supported such as cards, net-banking, NEFT, RTGS, and IMPS. All services are delivered via our proprietary cloud based, payments platform and can be accessed on any internet enabled desktop and via a mobile application. In addition, businesses can easily apply for working capital financing at competitive rates. Processing of high volume transactions 24/7, payment settlement, mitigating risk, and security are core elements of the proprietary platform. PayMate adheres to the highest standards and industry best practices for security, privacy and risk and is PCI-DSS 3.2 compliant. The company is also compliant as per Reserve Bank of India guidelines related to Payments and Settlements Act. PayMate is head quartered in Mumbai and funded by Lightbox Ventures and Mayfield Fund.