New cross-border payments and digital banking platform KwikPaisa launches in India
Indian tech start-up company Jangra’s Corporation has launched a new international cross-border payments and digital banking platform named KwikPaisa.
The company’s platform allows users to make instant and secure payments anywhere in the world.
It includes a multi-currency account that enables users to hold and make payments in around 92 currencies.
Users can save on currency conversion fees by holding multiple currencies in their account and making transactions in the currency of their choice.
The platform also provides merchants access to global markets, allowing them to reach more customers.
KwikPaisa’s API-driven platform also offers features such as a payment gateway, payment pages, payment links, subscriptions, smart collect (virtual accounts to accept payments), split payments and vendor payouts.
“Our mission is to help online merchants succeed by giving them data-science superpowers,” the firm writes on its LinkedIn page.
“We have felt that enabling frictionless transactions is a major problem and nobody seems to be doing it right. We decided to tackle it ourselves.”