back Back
Seeking to raise capital? Seeking to invest? Click Here & Express your early interest to be a part of IBS Intelligence’s new fund initiative.

Ezeepay launches its Ezee Khata, Ezee Care & Ezee Pan services

By Leandra Monteiro

August 19, 2022

  • Decentro
  • Digital Wallets
  • Ezee Khata
Share

EzeepayEzeepay, has introduced a vital financial solution for rural India. The company has developed three new ideas. First, they have established a partnership with NSDL- protean. Then an instant pan card is created within two hours, and an E-pan card will be delivered by email.

They further have an agreement between Ezee Khata and Decentro for Neo Bank Savings Digital Accounts, whereby customers can open accounts through their site agents and receive their account numbers and any other relevant information. Account holders can also use Ezeepay khata UPI. Wherever online purchases are made, wallet khata wallet amount transactions are possible.

Customers can withdraw money from the bank and do online transactions using the Rupay card feature that is included with the Wallet card. In collaboration with Zooper, Ezeepay has also introduced a new insurance programme. Not only will Ezeepay consumers benefit from the various insurance segments, but Ezeepay agents will also be able to live safer lives thanks to them. Basic insurance costs from INR 25 – INR 599.

Rural India is seeing a significant increase in smartphone ownership and data consumption. This significant change in behaviour can only be promising for smartphone use-cases involving digital payments. All these elements portend well and aid in the introduction of digital payments in rural India, where cellphones have altered how people connect and utilise technology to send and receive money.

“The E-wallet offers transactions made online through a smart device and is similar to a credit or debit card. It only needs to be linked with the individual’s bank account to make payments. Since it is a type of password-protected pre-paid account in which a user can store their money for any future online transaction such as groceries, online purchases, and flight tickets, among others”, said Shams Tabrej, Founder of EzeePay.

“While storing personal data, the software component protects and encrypts the data. Hence, any Ezeepay user residing in a village or city can access it with sheer ease”, added Rashid Ali, Managing Director of Ezeepay.

Previous Article

August 19, 2022

Klarpay adds 70+ currencies to enable cross-border International payments

Read More
Next Article

August 19, 2022

Bond Financial Technologies launches new Credit Builder Card

Read More










IBSi Daily News Analysis

September 26, 2022

Decentro

How will corporate banking predictions affect technology buyers?

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Wise Platform rolls out its new International Receive Service

Read More

Today

4 popular digital payment gateways in India

Read More

Today

Bharat Billpay and Federal Bank partner with LuLu Financial Group

Read More

Related Reports

Sales League Table Report 2022

£1,500.00 / year

Know More
IBS Intelligence - Global Digital Banking Vendor & Landscape Report Q2 2022
Global Digital Banking Vendor & Landscape Report Q2 2022

£1,500.00 / year

Know More
IBS Intelligence - Wealth Management & Private Banking Systems Report Q2 2022
Wealth Management & Private Banking Systems Report Q2 2022

£1,500.00 / year

Know More
Global Transaction Banking Vendors and Landscape Report Q2 2022

£1,500.00 / year

Know More
IBS Intelligence - Treasury & Capital Markets Systems Report Q2 2022
Treasury and Capital Markets Systems Report 2022

£1,500.00 / year

Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2022