MatchMove India, one of the fastest-growing FinTech companies in South East Asia, has announced a strategic partnership with, Zenpay Solutions Private Limited, a digitally enabled Salary Account program provider that encourages SMEs and MSMEs to transfer salaries to their workers (blue-collared) via digital payment methods.
Through this partnership, Zenpay Solutions will provide next-generation physical cards that are linked to the employees’ salary accounts. Apart from its aim to strengthen its product portfolio, this partnership with MatchMove will allow Zenpay to significantly enhance the user experience in this category.
It is to be noted that MatchMove recently launched their next-generation mobile payments platform, MatchMove LightSpeed. That will enable secure payments solutions across lending, corporate expense management, gift cards, remittance, money transfer businesses, and many more. MatchMove launched the MatchMove Lightspeed ™ product in India in July and will launch the same product in Singapore, the Philippines, and Vietnam in Q4 of calendar 2019.
“MatchMove Lightspeed ™ enables businesses to build their own customized app on-the-go. They can launch virtual cards instantly and branded physical cards within three business days, thus, enabling a business to launch their fully-secured payments solutions faster, provide a great experience to their customers, and stand ahead of the competition,” Mr Kumar Srinivasan mentioned.
Zenpay Solutions Private Limited is a FinTech company that aims to provide digital salary accounts benefits to employers and employees. Zenpay Solutions was incorporated in December 2018, commenced its operations in May 2019 and is engaged in the business of digitizing the entire employee payroll and benefits value chain, making the process easier and more transparent for employers and employees alike. We believe that with the help of technology we will make the payments easy for the lowest strata of the Indian workforce.
A division of the MatchMove Group, MatchMove Dynamic builds, operates and commercializes the patented, cloud-based, PCI-DSS grade, multi-country Banking-as-a-Service platform. MatchMove Dynamic currently operates across 7 countries in South and East Asia, with more than 60 B2B customers from a variety of segments including e-commerce, banking, lending platforms, remittance agents, mobility, shipping, food delivery and ride-hailing startups and many other Fintech companies. MatchMove Lightspeed™ is the award-winning next generation product from MatchMove Dynamic that enables any organisation to instantly digitise payments and banking for all their users and employees, with full security, regulatory compliance and rich usability features.