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PayMate

Welcome to the News View for "PayMate".

Here, on these archive pages, you'll find all of the articles on Payments News for PayMate listed in date sequence beginning with the most recent article at the top of the page.

Click here for a complete listing of what's available in the Payments News Archive - organized by both posting date and subject category.

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July 05, 2011

October 13, 2009

TSYS Introduces MobilePASS for SmartPhone Card Acceptance

tsys_top_logo.gifTSYS Acquiring Solutions has announced the introduction of MobilePASS - a payment application that gives merchants the ability to accept and process card payments any time, anywhere.

According to TSYS, "MobilePASS enables merchants to accept and process card payments while on-the-go. A convenient alternative to traditional and expensive payment applications such as wireless terminals, Interactive Voice Response (IVR) systems and old- fashioned knuckle busters, MobilePASS is designed for the 21st century merchant." READ MORE »

March 05, 2009

PayMate Expands Mobile Payments in India

The MobileStore, India’s largest telecom retailer, has announced it has partnered with PayMate to offer Point of Sale solutions (E-POS) across its 1,300 stores in over 200 cities that will allow customers to pay for their purchases, recharge talk-time and even buy or send gift vouchers instantly and securely via mobile. READ MORE »

June 10, 2008

India's PayMate Closes $9 Million Second Round Financing

PayMate India has announced the closing a $9 million second round financing led by Mayfield Fund with participation from existing investors Kleiner Perkins Caufield & Buyers and Sherpalo Ventures. READ MORE »

May 16, 2008

A Look at Mobile Wallets in India

MSN India reports on mobile wallets and payments in India saying that "current payment players in India are mChek, Obopay and PayMate." The article notes that the Reserve Bank of India is currently formulating the regulatory guidelines for mobile payments with the final draft expected by June 2008.

April 07, 2008

PayMate GiftMate Mobile Vouchers Enable Instant Gifting to India

India's PayMate has announced it is expanding the reach of GiftMate, its mobile gift voucher program, 'to non-resident Indians in North America who can now send GiftMate mobile gift vouchers to their friends and family, anywhere in India.'

READ MORE »

April 18, 2007

Infonox, PayMate Partner on Mobile Payments for US Market

Infonox has announced a partnership with PayMate, a mobile-commerce solutions provider in India, to develop a suite of mobile payment products for the US market. According to the company, "the existing businesses on Infonox platform, which include major merchant acquirers, financial service aggregators and banks, will have the instant ability to offer their branded transaction services on cell phones."

READ MORE »

January 28, 2007

India's PayMate Forays Into Retail

Express Computer reports on PayMate India's plan to target "offline merchant sign-ups which include large chains to stand-alone retail establishments. SMS has been the platform of choice for online and remote payments so far but the company has now introduced a voice-based module keeping in mind the unique requirements of the retail industry."

January 03, 2007

An Update On India's PayMate Mobile Payment Provider

PayMate India has announced it is "now aggressively targeting offline merchant sign-ups which include large chains to stand-alone establishments in any form of retail. SMS has been the driving platform for online and remote payments thus far but the company has now introduced a voice based module specifically keeping in mind the unique requirements of the retail industry."

September 19, 2006

A Look At India's PayMate's SMS-based Mobile Payments

Priyanka Joshi writes from New Delhi for the Business Standard about PayMate's new mobile payment service. Joshi quotes PayMate's founder and managing director Ajay Adieseshann who says he "wants 100 million mobile subscribers, but is aware that critical mass must first be acquired. We are willing to wait - and remain committed to our goal of being the Visa/Electron of the mobile payment world."

August 21, 2006

More On PayMate India's Mobile Payment Solution

NewMedia@Work reports on PayMate India's collaboration with with Citibank and Euronet to launch a mobile payment solution based on premium SMS.

READ MORE »

July 28, 2006

Paymate: Pay Via Mobile At Restaurants!

Moneycontrol.com reports from India on Paymate India's plans to offer its mobile payment service at top restaurants in Mumbai. "We will begin with high-profile restaurants and hip and trendy joints where the customer base is more inclined to take up paying using mobiles," said Mr Ajay Adiseshan, Founder and Managing Director, Paymate India. He says the company will target coffee bars next.

July 23, 2006

PayMate India Launches Mobile Payments With Citibank

CRN India reports that PayMate India has launched an exclusive mobile payment solution in coordination with Citibank and Euronet. "With this service, our customers can now conveniently make routine purchases using their mobile phone itself," said Vijay Ramchandran, country marketing director and head, Internet Banking, Citibank India.

July 11, 2006

PayMate Mobile Payment Service Raises Millions

Matt Marshall writes for the San Jose Mercury News' SiliconBeat blog about PayMate, an India-based startup focusing on enabling mobile payments that has recently received venture financing. According to Marshall, "the investment continues the partnership formed by Google founding investor Ram Shriram and one of Silicon Valley's best-known venture firms, Kleiner Perkins."

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