BenePay

About BenePay

Credible alternative provider for businesses to get paid and to make payments with bank grade security. Accept payments using 150+ cards and local payment methods. Get paid in the currency of your choice. With improved acceptance rates and reduced frauds, we help businesses to get their payments credited to their account on T+1 (next working day). Businesses get their reconciliation problem addressed with itemised MI delivered in real-time, along with detailed settlement reports. We built technology to allow you disburse payments to190+ countries using payee contact details only. Transparent and lower fee with no hidden charges. Customers make payments with minimal data, helping them comply with data privacy laws, reducing operational expenditure and payment frauds. BenePay allows payees to claim the payments anywhere in the world in the currency of their choice. They don't need to share their account details with any payers, and manage them on BenePay itself. Currently, it is a big challenge for payers in capturing and safely storing payment details of payees. And, Payees have to share the same details with multiple payers every time. This is time consuming, prone to mistakes and frauds, with no control on data provided. We intermediate between payers and payees, providing a communication hub, capturing the payee details, manage their payments, get updated, and keep them ready for payments to execute. Our entire service is bank-grade with multiple security controls, enforcing Two-Factor authentication to access the service. We provide an easy to use portal and APIs for our business and banking customers to manage their payments and with rich data analytics. This is a global solution, and is a 2-sided Enterprise Gateway Market place (EGM) based service to businesses and banks to make payments to their payees. Offering it as a SaaS with customers the world to leverage our platform on public Cloud or can host on their internal cloud platforms.

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