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Payportal
Payportal Services Private Limited (hereinafter referred to as “Payportal”) is a privately-owned company that has been established in 2011 under the laws of India by international experts who have been in the payment services industry since 1996.
The business area of our Company is Delhi where we successfully manage 80 distributors and 2300 retailers. The Payportal team has grown to over 20 people with the most in sales.
Features
A wallet number is linked to a mobile number of the owner.
The project's goal is to provide a solution to Customers to tackle the following challenges: regular visitings of different offices to pay monthly bills, cash collectors stealing, expensive and risky cross-border remittances, staying in a bank queues, wide geography logistics, non-professional service support and assistance, etc.
The platform is utilizing the advantages of personal computers and smart phones. Customers and Retailers can access wallet services through the standard web browsers or benefit IOS and Android applications available at App Store and Google Play.
Technical Info
The use of blockchain technologies is one of the most important tasks for the further successful development of the platform. Server decentralization will keep wallets data safe in case of hardware failure or hackers attack. Implementing a cross border money transfers service between Indian migrants living abroad and their families in home country. As the Payportal has advanced experience in domestic money transfers, we plan to realize this part of the project based on the own blockchain and crypto currency PPTL Coin. PPTL coins will be acceptable as a means of payment and will be convertible into Indian rupees for the final leg of transaction. All fees will be applicable in PPTL coins.
Payportal Roadmap
- Q2 2018
- Integration with Bharat Bill Payment System will extend access to all utility bills, issued by Indian companies across the country. Customers will be able to fetch own bills through Payportal platform and timely pay bills on-line or through retailers.
- Q3 2018
- Releasing new version of IOS and Android applications with Domestic money transfers option.
Promotion of new BBPS services like electricity, gas and water among the biggest distributors and retailers in the market. Find leads for new distributorship.
- Q4 2018
- Development and implementation of blockchain technologies for decentralization of data, cross-border money transfer service and fees collection.
Running internet advertising campaign to attract and extend on-line Payportal wallet users.
- Q1 2019 - Geographical expansion to the new areas close to Delhi (Faridabad, Ghaziabad and Noida)
- Q2 2019 - Implementing a loyalty program, that will motivate retailers to increase sales. Distributors in turn, will improve the service quality and the number of new retailers. Additionally, our Company will introduce the number of own services to be used by retailers and distributors for redemption of loyal bonuses and receiving extra value.
- Q4 2019 - Geographical expansion to TOP 3 largest Indian cities and surrounding areas (Mumbai, Bangalore, Pune or Jaipur)
