Plastic is Old

Rajesh Rai, 25, makes at least 20 rounds to neighbourhood households across the Dwarka sub-city in Delhi to deliver food from the restaurant he works in. And Rai used to have a unique problem.

Not every home that he visits has the necessary cash or can tender the right amount of change for the food items purchased. "This often led to considerable delays and ultimately led to loss of precious time.

Since my salary depends on the number of trips I make, the delays actually mean loss of money for me," Rai explains. But then, that was in the past.

The food courier now carries a mobile card reader attached to his smartphone and proudly charges his customers though their debit or credit cards, saving time and earning more commissions.

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First Published in Hindustan Times

PayMate provides simpler, faster payment solutions. Historically the company had powered mobile banking solutions in partnership with 32 banks, major operators and a large network of 13,000+ merchants. Over time it has sharpened its focus towards the travel sector and is bringing together India's largest airlines, hotels and travel companies by providing a platform for them to accept payments.