Mobileware Technologies

Mobileware Technologies

Develops enterprise mobility solutions for clients in the banking, insurance, and financial services domains.

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Growth Equity VC
Total Funding000k
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Mobileware is an innovation-centric product company operating in the fast-paced financial landscape of India. Specializing in Unified Payments Interface (UPI) solutions, Mobileware aims to revolutionize the way financial transactions are conducted by making them more accessible, scalable, and secure. The company primarily serves banks and merchants, providing them with a robust layer of technology that integrates seamlessly with existing banking infrastructure. This enables interoperability and offers a single interface for all payment types, including P2P (peer-to-peer), P2M (peer-to-merchant), and P2A (peer-to-account) transactions, as well as non-financial transactions like balance inquiries and mini statements.

Mobileware's business model revolves around offering scalable and customizable payment solutions that reduce the need for extensive infrastructure, allowing clients to focus on their core business activities. The company generates revenue through the sale and integration of its UPI solutions, as well as through ongoing support and customization services. By facilitating real-time, 24/7 money transfers and digital bill payments, Mobileware is contributing to the vision of a cashless society in India.

The company also offers eKYC (electronic Know Your Customer) services, which simplify the customer authentication process through Aadhar-based verification, reducing paperwork and enhancing data accuracy. This service is particularly beneficial for businesses looking to streamline their customer onboarding processes.

Keywords: UPI solutions, financial transactions, scalable technology, banks, merchants, interoperability, digital payments, eKYC, real-time transfers, India.

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