Novopay is a mobile wallet that aims to transfer or remit money on a peer-to-peer basis.
PRODUCTS & SERVICES:
Novopay mobile wallet - Money transfer to friends & family member's, bill payments, merchant transactions
Novopay consumers can make online payments at the local stores and can also send money to their contacts on the phone using the app.
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It has around 12,000 kirana store customers.
Major customers are Ezetap, Roadrunnr, EBS and Innoviti.
Partnered with banking firms such as Bank of India, Axis Bank, IDFC and RBL Bank to bring E-wallet services to retail stores, agents and users
Novopay is a user-friendly app, to provide home deliveries, send money to family and friends, buy mobile and DTH recharges, pay mobile and other utility bills and purchase goods online.
It was the first company which launched a Aadhaar micro ATM-based service for banking transactions through neighbourhood retailers.