“Financial institutions must be able to deliver an easy to navigate, a seamless digital platform that goes far beyond a miniaturized online banking offering.” ~ Jim Marous.
PayInc Private Limited is an enterprise solution provider and has been in the Digital Payments Space since 2019. They have a combined management experience of over 60 years.
PayInc offers the best business software solutions to their clients. Reliable, customizable, quick and pocket-friendly. They aim to use their rich experience in the industry to completely transform businesses across India.
With their unparalleled team of software engineers, cyber security experts and customer support – PayInc offers excellence at every stage of software development!
What’s on offer from PayInc?
Setting up a FinTech company is quite expensive. Bringing together software engineers, server costs and maintenance costs a fortune. In order to make this affordable, PayInc offers to build fully customizable software which can be based on a subscription plan. Instead of spending lakhs on developing software from scratch, PayInc offers to get it done starting at just Rs.15,000.
PayInc also provides software solutions to help digitize and ensure effective management of every type of organization. Whether it is Logistics Management, School Management, Payroll Management, or any other type of requirement – PayInc can develop fully-customized software for literally anything!
As part of PayInc Connect, the brand also provides the best-in-class API Solutions for businesses.
- API to get mobile operator information, plans, DTH customer information.
- API to recharge mobile phone, post paid bill payments, DTH Recharge, Utility bill payments.
- API for domestic money transfer.
- API for Aadhaar Enabled Payment System.
- API to receive Insurance Premium.
- API for Micro ATM based transactions.
The PayInc Team also offers expert advice and consultancy services.
Meet the Honcho!
Mr. Sumiit Kumar Dash is the CEO of PayInc Private Limited.
Sumiit is a tech-enthusiast, a serial-entrepreneur, and a firm believer of balanced development. He is a B.Tech Graduate and has always been passionate about making the latest technology affordable to the masses. He has unmatched aptitude in Business Planning, Requirement Analysis, In-Service Delivery, E-commerce and Agile Methodologies.
Sumit has carved a niche for himself as an experienced professional with a demonstrated history of working in the Financial Services Industry. Sumiit with his proven experience of having worked with a number of leading companies on positions like Vice President of Technology, for over 10 years has now founded his own Software Company – PayInc Private Limited in the year 2019. During the recent pandemic, the difficulties faced by the unbanked and the under banked citizens of the remote resource lacking regions, gained his attention and, Sumiit also founded PayAbhi, a B2B2C Payment Solutions organisation to help promote Balanced Regional Development and to make banking available and affordable to the last mile, throughout the country. Along with being a dedicated professional Sumiit is a true humanitarian; who always acknowledges that his employees are the pillars of his organization and ensures that they remain connected and motivated at all times.
Sumiit has also been very recently featured in the July 2021 issue of Silicon India, a leading Business Magazine, where he spoke extensively about the future of the Fintech Space in India and how an effective motivated team brings about Brand Loyalty to the organization. According to Sumiit, the one element that has boosted the Financial Services Industry the most is – Technological Advancement; and therefore, to stay relevant and competitive, the Financial Industry must step up and leap onto the Digital Bandwagon. With this belief, Sumiit aims to constantly innovate to uplift the quality of Financial Services in our country.
PayInc has been making Advanced Financial Services Technologies available to remote, unbanked and under-banked regions of the country. In a nutshell, PayInc is all about inspiration and the spirit of entrepreneurship! Each and every service that is offered by PayInc, has been designed, keeping in mind the budget and requirements of every Small Business owner who dreams to make it Big! The efforts of the Company, have also been recently acknowledged by Silicon India; a leading Business Magazine, as PayInc was honoured with the title of “10 Best Kolkata Start-ups to Work For”, for the year 2021; amongst stiff competition, in their July,2021 issue. With this early achievement, Team PayInc resolutely strives ahead with confidence and with a strong belief, that this is just the beginning of our journey of making a difference in the Fintech Space in India.
PayInc also provides an additional source of income to over 60,000 small businesses. By providing services such as Domestic Money Transfer (DMT), Insurance, Aadhar Enabled Payment Services (AePs), Micro ATMs, POS Machines, and Bill Payments, PayInc has brought banks closer to those who previously had little to no access to basic banking facilities via their network of partner businesses. By engaging with PayInc, these partner businesses earn commissions on each service they provide to their clients.
To know more, visit –
PayInc website – www.payinc.in
To read more Startup Stories on The Business Press, visit – https://www.thebusinesspress.in/category/startup-stories/