BENGALURU, January 4, 2017 /PRNewswire/ --
Move Designed to Extend Speed and Reliability Benefits of UniPAY Platform to Franchisee Outlets
- Innoviti to enable card payment acceptance at all 264 franchises of Monginis in Mumbai.
- Innoviti's UniPAY payment solution facilitates faster and more reliable card payment processing along with flexibility to integrate alternative payment tenders like mobile wallets, loyalty rewards etc.
Innoviti Payment Solutions Pvt. Ltd. announced its tie-up with one of India's leading Bakery and Confectionary brands, Monginis Food Pvt. Ltd. for enabling card payment acceptance services under Innoviti's award-winning uniPAY payments platform. Under this arrangement, Innoviti will facilitate card payments acceptance across all the 264 franchise outlets of Monginis across Mumbai.
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All Mumbai based franchises of Monginis will now be able to deliver a uniformly fast and reliable card payment experience to their end-customers along with the flexibility to enable value-added offerings like integration with alternative payment instruments like loyalty rewards, mobile wallets etc. The franchisee operations will also stand to benefit from multiple operational efficiencies and cost savings that the uniPAY platform offers.
"In light of recent policy moves, enabling faster, more reliable cashless transactions is increasingly the need of the hour, and with this in mind, Monginis is pleased to be associated with Innoviti's uniPAY payments platform. As a brand, we have always focused on becoming a part of every celebration in India and in bringing smiles to millions of happy customers. With Innoviti's uniPAY solution, we aim to further standardize an enhanced customer experience across all our franchise outlets in Mumbai," said Mr. Ayyappan Swamy, Head - Franchisee Operations, Marketing and Sales, Monginis Food Pvt. Ltd.
"We are delighted to power the payments acceptance at Monginis Food Pvt. Ltd.," said Mr. Rajeev Agrawal, Managing Director and Chief Executive Officer of Innoviti. "We are confident that the uniPAY platform with its proven track record of speed and reliability in payments processing will help the Monginis brand to offer a significantly enhanced checkout experience to all its end customers," he added.
About Innoviti Payment Solutions Pvt. Ltd.
Innoviti Payment Solutions Pvt. Ltd. (formerly Innoviti Embedded Solutions Pvt. Ltd.) has been a pioneer in the use of technology to solve real-world payment acceptance problems of merchants. Using its indigenous developed technology and constant innovation, Innoviti has delivered differentiated solutions for payments automation, consumer credit distribution and SME lending that have become a benchmark in their markets. Innoviti processes over Rs. 8,000 crore of payment transactions annually including Rs. 1000 crore of credit. Innoviti's smelending.com is #1 in the segment of SME lending, processing over Rs. 400 crore per year. UniPAY is India's only omni-channel payment platform for managing payment automation. The company has won Deloitte Asia Pacific award three years in a row and Red Herring Asia award twice. Innoviti is backed by marquee investors such as Titan Company (JV between Tata Group and TIDCO), Catamaran Ventures and New India Investment Corporation, Canada.
To learn more, please visit http://www.innoviti.com
Media Contact:
Sarath Chandra Nerella
Marketing Manager
Innoviti Payment Solutions Pvt. Ltd.
[email protected]
+91-77953-48478
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