This week, host Brian Mac Mahon speaks with CEO and Founder of Yuva Pay, Prashanth Naik.
In this episode, Brian and Prashanth talk about the inspiration behind Yuva Pay, how it works, the banking system in India, and their plans for growth.
About Yuva Pay:
Yuva Pay is a mobile payment platform for the last mile rural population who are Unconnected and Unbanked. Yuva Pay is a pioneer in the mobile payments field and designed a new payment platform which can be used to make payments with or without an internet connection, supporting both smart and feature phones.
Yuva Pay’s goal is to enable its users/ customers/ merchants to send and receive money, anywhere and at any time seamlessly. The company plans to empower 500+ million Lower and Middle Income rural users with 5+ million retail shops across Tier-2 and below cities in India. Using the power of Offline Mobile Payment (PATENT Pending Technology), we have made it our mission to build a One Single Payment Solution which translates all our cash transactions into digital payment, to enable a CASHLESS society.
Top 5 Favorite Moments:
8:13 – What is the current banking scene in India
14:18 – Without internet and a smartphone, no digital solution works
16:29 – What’s under the hood of Yuva Pay?
17:53 – Yuva Pay’s transactions are 100% secured
36:07 – Investors: Why should you invest in Yuva Pay?
Additional information:
prasanth.naik@udmatech.com – Prashanth Naik
email address www.yuvapay.com – Yuva Pay website