PayMate India

Cloud based B2B payments for Small business and Enterprises.

PayMate is a leading provider of electronic Business-to-Business (B2B) payment solutions in India. PayMate is helping large Enterprises and SMEs transition from traditionally slow and costly forms of payments like cash and checks to real-time and efficient digital payments. Its technology and services help business customers to automate and seamlessly manage vendor payments (AP), customer payments (AR), invoicing, and cash flow. In addition, businesses can easily apply for working capital financing at competitive rates. Multiple forms of electronic payment channels are supported including cards, net-banking, ACH, NEFT, RTGS, and IMPS. All services are delivered via our proprietary cloud based payments platform and can be accessed on any web enabled desktop or mobile device. Processing of high volume transactions, payment settlement, mitigating risk, and security are core elements of the proprietary platform. PayMate offers its services in partnership with Airlines, Car Rental companies, Hotels, Banks and other third party financial service providers. PayMate is a PCI-DSS compliant company and adheres to the highest standards of compliance, security, and risk in the payments industry. PayMate is headquartered in Mumbai and funded by Lightbox Ventures and Mayfield Fund. PayMate is funded by blue chip Silicon Valley based investors including Kleiner Perkins Caufield Byers, Sherpalo, Mayfield and Lightbox Ventures.