Digital Payment Systems

WHY?

Digital Payment Systems

Thomas Friedman's prophecy of the flat world is already true. Payments are no exception to this rule. Examples like mpesa in Kenya have shown that money can be transferred at the speed of sending an SMS. Experiments like Apple Pay will make plastic as a form factor for cards disappear faster than you can imagine. A young startup in India has launched a solution which allows a merchant to send a bill as sound waves which a customer can capture on his mobile phone and pay the dues. Future is already here. Today. Banks need to gear up to stay in the business if they want to avoid becoming entities which only issue passbooks and post debit / credit entries.

Digital Dimensions have a team on board which has first hand experience and wherewithal to help banks conceptualize, build and launch innovative payment solutions.

  • Building capabilities across multiple digital payment systems such as NACH, AEPS, IMPS, UPI, BBPS
  • Developing solutions through various form factors such as mobile phones, POS, mPOS, QR, Biometrics and even sound
  • Helping your organization arrive at its own core payments strategy across the entire value chain of the payments canvass
  • Setting up an acquiring infrastructure capable of accepting payments through new digital payment systems
  • Defining e commerce strategy and setting up objectives for creating this infrastructure
  • Setting up payment gateways to facilitate online payments for your customers using net banking, cards, wallets, IMPS, UPI
  • Tying up with payment aggregators, eCommerce players Helping your organisation to participating in BBPS