Kerala house, State government office in New Delhi, India

India's largest collaborative commerce platform, Innoviti Technologies (formerly, Innoviti Payment Solutions) has partnered with OneCard - a credit card re-imagined for the mobile generation, to enable deeper financial inclusion with offline payments in India.Innoviti's technology will help improve the reach of digital payments with OneCard's more than 600,000 users across the country. Merchants can now offer a better-than-online experience by helping OneCard's customers to buy anything in the store on zero-cost EMI using Innoviti Genie and Unipaynext. With over two decades of experience, Innoviti has raked over 9 million+ customers spread across 2000+ cities. This partnership will help bring the needed visibility to merchants who will now be able to reach customers more flexibly.Prasad Sonavane, Chief Revenue Officer, Innoviti, said, "Innoviti Technologies is happy to announce OneCard as our new partner in the lending ecosystem. OneCard partnership enables us to increase the range of our affordability options we offer to merchants across various segments. They have the right set of qualifying criteria for choosing card members who spend at merchant stores, in segments of interest to us like mobiles, electronics, retail shopping including categories like food, dining, groceries, movies, etc., where Innoviti is a leader. This reinforces our commitment towards being the trusted partner of growth to our merchants and to customers purchasing at our merchant outlets, as being a purchase partner to every Indian with our Collaborative Commerce Platform."OneCard, India's own metal credit card, is loaded with rewards, privileges and best-in-class safety and security features. It is issued across the country by leading Banks, and customers can easily tap-and-pay on all merchant outlets across the country and enjoy a 1% Forex rate when travelling abroad. With zero joining and annual fees, the card provides 5X rewards on the Top 2 spend categories every month. Through this partnership with Innoviti, OneCard's expansive network of bank partners stands to further the reach of credit lending in India.OneConsumer Services, which has created OneCard, aims to digitally revolutionize credit and payments in India. Commenting on the partnership, Anurag Sinha, Co-founder & CEO, OneCard, said, "We are delighted to partner with Innoviti Technologies, one of the leading commerce solution providers for merchants in India. Through this partnership, we aim to provide easy and secure offline payment solutions to customers across the length and breadth of the country. As India progresses towards a 5 trillion USD economy, it is imperative to address the credit needs of customers and boost their purchase power through payment solutions like zero cost EMIs. We are hopeful that this partnership will enable customers to enjoy a hassle free shopping experience using our secure, quick and affordable installments through Innoviti's large merchant base."Innoviti Technologies (formerly, Innoviti Payment Solutions) is India's largest provider of collaborative commerce solutions to Enterprise merchants with a 76% market share of all purchases being paid for digitally in this segment. Innoviti's vision is to help people make better purchase decisions by providing better purchase options. The company processes over 10B$ of purchases from over 2000+ cities with a volume throughput per installation that is 2X of the country's average. Bessemer Venture Partners, USA, FMO, Netherlands, Panthera Growth Partners, Singapore, Alumni Ventures, USA, Catamaran Ventures, and Patni Advisors are investors in the company. The company has 6 patents awarded with 21 more filed. Innoviti is the winner of Mastercard's Innovation Wizards Award, Reliance's Most Promising Growth Consumer Finance Award and Deloitte Fastest Growing Companies in Asia award in 2020.Visit: https://www.innoviti.comOneCard is a mobile-first credit card created by OneConsumer Services. The founders come from banking backgrounds with deep expertise in payments, credit and building and scaling digital businesses. OneCard is on a mission to re-imagine credit and payments from first principles.Visit: www.getonecard.appMedia Contact for Innoviti Technologies:Sumanth C A sumanth.airani@innoviti.comMedia Contact for OneCard:Ritika Kar ritika.kar@adfactorspr.comThis story is provided by PRNewswire.will not be responsible in any way for the content of this article. (ANI/PRNewswire)( With inputs from ANI )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Kerala HouseFOLLOW

Kerala house, Latest News

ICFAI Business School (IBS) a constituent of The IFHE (The ICFAI Foundation of Higher Education) is considered one of the top Business Schools in India. ...

New Delhi, Jan 16 The Supreme Court on Monday said it could consider sending the application filed by ... ...

New Delhi, Jan 16 Defending champion Lakshya Sen and former champion PV Sindhu, who are among the 19-member ... ...

National Museum of Natural History, a subordinate office of the Ministry of Environment, Forest and Climate Change has organised ... ...

In the aftermath of the alleged brutal killing of a Bajrang Dal activist in Assam's Karimganj, Vishva Hindu Parishad ... ...

India's leading organic products manufacturer and exporter company celebrated 35 Years of Excellence in a two-day event chaired by the Union Cabinet Minister, Ministry of Jal Shakti - GOI, Gajendra Singh Shekhawat. The celebration started with a bloo ...

Bajaj Finance Limited (BFL), the lending arm of Bajaj Finserv Limited and India's largest and highly diversified NBFC, is making shopping more exciting for its customers at ongoing Amazon Great Republic Day Sale from January 15-20, 2023. ...

India's largest collaborative commerce platform, Innoviti Technologies (formerly, Innoviti Payment Solutions) has partnered with OneCard - a credit card re-imagined for the mobile generation, to enable deeper financial inclusion with offline payments ...