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DirecPay partners PayMate to offer mobile payment options
TT Correspondent |  Mumbai |  27 Aug 2009

DirecPay, the bank neutral payments aggregator service from TimesofMoney has partnered with wireless transactions company- PayMate, to offer complete mobile payment facility to its merchants in India, enhancing its current suite of payment options like credit cards, debit cards and Net Banking that are already offered via over 20 banks across the country.

 

The new facility reinforces DirecPay’s goal of merging all possible payment options under one single umbrella for merchants to give them a single interface for receiving payments in a secure, convenient and a cost-effective manner.

 

Commenting on the offering, Mr. Avijit Nanda, President of TimesofMoney said, “Payments over mobile are secure because robust authentication is used to ensure high quality standards. The convenience of paying over the mobile brings more customers into the considered set of e-commerce users.”

 

Furthering the comment, Mr. Ajay Adiseshann, Founder & MD, PayMate said, “The marriage of online commerce with the mobile presents a great opportunity for stakeholders and end customers. The mobile device could be the perfect catalyst for e-commerce in India. We have more innovations to follow for added customer convenience and security.”

    
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27 Aug 2009(IST)  
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