On October 20, 2020 In order to drive financial inclusion to issue salary cards to its customers across India, Zenpay Solutions partnered with RBL bank and YAP. The corporate expense and salary payment solution helps the employees(working class people who perform manual labor) who work with SMEs(Small and medium-sized enterprises) and MSME(Micro, Small and Medium Enterprise) to receive digital payments through a salary account.
Key Info:
i.A digital salary card and mobile application will also be offered by Zenpay Solutions to the customers. This helps the customers to manage their finance efficiently with the help of the interactive dashboard.
ii.The benefits of the partnership include, instant activation, easy KYC(Know your Customer), zero paperwork, salary card and enhanced customer experience.
Additional Info:
i.Zenpay Solutions, by increasing the reach and the targeted customers particularly those from rural sectors who do not access banking services, has benefited more than 50,000 customers across India in a short span of time.
ii.The company aims to expand its reach by creating 1 lakh new customers across north India, in the next 6 months and also intends to create a customer base of 1 million customers by 2021.
Recent Related News:
On June 29, 2020, SAP India Private Limited, a subsidiary of Germany based enterprise technology firm, in partnership with National Association of Software and Service Companies (NASSCOM) Foundation, United Nations Development Programme (UNDP) and Pratham InfoTech Foundation, has rolled out Global Bharat program to equip micro, small and medium enterprises (MSMEs) by providing them access to global marketplace, digital skilling for the workforce and transforming business processes.
About Zenpay Solutions:
Founder andChief Executive Officer(CEO)– Ankit Bhargava
HeadQuarters– New Delhi, India
About RBL Bank:
HeadQuarters– Mumbai, Maharashtra
Managing Director(MD)& CEO– Vishwavir Ahuja
