The Payportal platform connects Indian service providers such as banks, mobile operators, digital TV operators and utility companies with public through a WALLET. A wallet number is linked to a mobile number of the owner. The platform is utilizing the advantages of personal computers and smart phones, IOS and Android apps are available. The project's goal is to provide a solution to Customers to tackle the following challenges: regular visitings of different offices to pay monthly bills, cash collectors stealing, expensive and risky cross-border remittances, staying in a bank queues, wide geography logistics, non-professional service support and assistance, etc.
Payportal Services Private Limited (hereinafter “Payportal”) is a privately-owned company that has been established in 2011 under the laws of India.
The current business area of Payportal is Delhi where we successfully manage 80 distributors and 2300 retailers. The Payportal team has 21 people with the most in development and sales.
Based on the blockchain technologies we plan to develop:
cross border money transfers service between Indian migrants living abroad and their families in home country. PPTL coins will be acceptable as a means of payment and will be convertible into Indian rupees for the final leg of transaction.
loyalty program for customers and retailers as additional motivation for increasing the business and loyal behaviour to Payportal.
decentralization of data to protect information in case of hardware failure or hackers attack
Geographical expansion to other metropolitan areas of Mumbai, Bangalore, Pune and Jaipur is crucial for the Payportal growth and PPTL demand.