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Congrats on launching in India. It's great to see activity in this space. I see a tab called "Education" which seems to list a specific use-case for a payment

by jabo 12y ago

Congrats on launching in India. It's great to see activity in this space. I see a tab called "Education" which seems to list a specific use-case for a payment processor. Any particular reason you have that as a dedicated tab there? Is that the market you're positioning the service for? Also, just curious, mind elaborating on this from the article: "Right now, for a business to take online payments in the country, it needs to go through a lot of paperwork, bureaucratic red tape, and wait time, often in a process that needs to be done region-by-region." Specifically, how do you guys work around this?

harshilmathur 12y ago
Our initially entry point in the market was education sector but now we offer gateway to any business accepting online payments. We have to follow the law of land and regulatory compliance but most of the red tape that the current gateways ask for is not required by regulation. The gateways are trying to make onboarding too safe and hence end up making it very complex. We want to protect the merchants from the dirty work of dealing with regulation through a very streamlined interface and we handle everything in the background.