back Back

NeoFinity launches ‘NeoZAP’, a payment tag in India

By Gloria Mathias

May 27, 2024

  • Fintech Product
  • India FinTech
  • India News
Share

NeoFinity, NeoZAP, Payments, Payments Tag, Payments Technology, Payments Product, Fintech product, Secure Payments, India Fintech, India News, NeoFinity, the new-age FinTech and payments arm of Neo Group, has just announced its new product, NeoZAP, a payments tag revolutionising the payments landscape in India.

NeoZAP marks a significant advancement in digital transactions, offering a secure and efficient payment solution for tech-savvy consumers. It ultimately combines technology with convenience. NeoZAP stands out by transforming users’ smartphones into secure payment devices, offering unparalleled convenience and accessibility to their digital wallets.

This sleek payment tag is designed with the needs of the Gen Z and millennial audience in mind. It provides seamless online and offline payment options like pinless transactions up to ₹2,000. These transactions are faster than UPI, better than debit cards, and easy to carry. Moreover, NeoZAP is a versatile travel card for metro, bus, and fuel payments, making it a comprehensive solution for all payment needs.

“We are thrilled to introduce NeoZAP, India’s first payment tag, to the market,” said Rayan Malhotra, CEO of NeoFinity. “We’ve focused on three main things- speed, style, and security. It’s the fastest payment method, and the tag works without the internet or battery. We aim to usher in a new era of effortless payments by constantly pushing the boundaries of what’s possible.”

In addition to its robust security features, NeoZAP offers users exclusive rewards and discounts from 200+ brands, including PVR, Times Prime, Google, and Cult.Fit, among others, making it a lucrative payment option compared to UPI. Whether shopping online or in-store, NeoZAP ensures that every transaction is swift, secure, and hassle-free, providing a seamless and comfortable payment experience.

NeoZAP is India’s prepaid card that gives fraud protection insurance powered by HDFC Ergo, further enhancing the safety of your payments. With the launch of NeoZAP, the company is setting new benchmarks for digital payments in India.

Previous Article

May 27, 2024

Lianlian DigiTech secures EMI license in Luxembourg

Read More
Next Article

May 27, 2024

Danish firm Ageras raises €82m for FinTech acquisitions

Read More






IBSi Daily News Analysis

cybersecurity,

June 20, 2024

Fintech Product

Why predictive AI is a critical necessity in the field of cybersecurity

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

4 Open Banking platforms shaping the future of financial data in the US

Read More

Today

Discover Global Network & NETS expand payment acceptance in Singapore

Read More

Today

TerraPay & Thredd to power virtual card payments for the travel industry

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
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 2023