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Insights Success The 30 Most Valuable Tech Companies Insights success November2016

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Paynear ONE:<br />

India’s First Ever Omni Channel<br />

Transaction Solution for<br />

All Types of Businesses<br />

Paynear Solutions is a<br />

transactions processing<br />

company, which builds<br />

solutions for payment processing,<br />

customer and store management, and<br />

enabling merchants to offer lots of<br />

value added services to their<br />

customers, which in turn increases<br />

their revenue. <strong>The</strong>y believe that<br />

accepting payments should not be<br />

complicated, requiring high cost<br />

infrastructure. Through a wide range of<br />

innovative & reliable payment<br />

solutions, Paynear provides a secure &<br />

streamlined customer experience<br />

irrespective of the channel.<br />

Paynear offers Paynear ONE - India’s<br />

first ever Omni Channel transaction<br />

solution. It’s a simple and easy to use<br />

smartphone/tablet app that can be<br />

downloaded from Google PlayStore<br />

and Apple App Store. Paynear ONE<br />

enables business owners to accept<br />

payments from their customers, earn<br />

extra income through value added<br />

services, and manage their businesses<br />

18 | November 2016 |<br />

from anywhere using inbuilt tools.<br />

Using Paynear ONE, business owners<br />

can accept all types of payments<br />

(credit card, debit card, net banking,<br />

wallet, cash card & EMI) instore,<br />

online and at customer’s place.<br />

Paynear is the first company to provide<br />

50+ payment options to an offline<br />

merchant along with EMI options<br />

through their smartphone application.<br />

Paynear’s Trailblazer<br />

Mr. Prabhu Ram, Co-founder, MD<br />

& Chief Strategy Officer of Paynear<br />

Solutions is the driving force & mentor<br />

for Paynear Group of <strong>Companies</strong>.<br />

Prabhu has over 15 years of<br />

entrepreneurial experience and today<br />

he leads & heads the overall growth of<br />

Paynear. His vision and passion have<br />

accelerated Paynear to be one of the<br />

fastest growing companies in payment<br />

space.<br />

Prior to Paynear, Prabhu has ventured<br />

into software & e-Commerce<br />

companies and the last venture he cofounded<br />

was one of the biggest <strong>success</strong><br />

stories in the payment space, EBS (E-<br />

Billing Solutions) where he was in the<br />

capacity of Executive Director & CEO.<br />

Under his leadership, EBS became the<br />

second largest payment processor in<br />

India and was acquired by Ingenico,<br />

a French conglomerate<br />

Prabhu is a commerce graduate with in<br />

depth knowledge of Payment<br />

Processing, Business and Product<br />

Development. As a visionary,<br />

evangelist and leader, Prabhu has been<br />

an inspiration and mentor for many<br />

start-ups.<br />

Other co-founding team members<br />

include: Ms. Priti Shah (CEO), Mitesh<br />

Majithia (Director), Anil Bharadwaj<br />

(CCO), Krishna Kishore (COO), Ravi<br />

Kiran (CTO), Maulik Shah (Executive<br />

Director)<br />

Greatest Hurdles Crossed<br />

Team Paynear knows the in and out of<br />

payment industry, as they have 15+<br />

52

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