PhiCommerce enters Singapore to offer payment solutions

By Gloria Mathias

PhiCommerce, India’s payment aggregator and platform, has announced its expansion into international markets following its new Singapore office.

PhiCommerce is a new-age financial technology company that addresses the evolving needs of the digital payment infrastructure. Its omni-channel and instrument-agnostic digital payments processing platform, PayPhi, enables businesses to embrace the digital payments ecosystem with smart interventions to automate, integrate and streamline payment-related processes.

“This expansion marks a significant milestone in our growth journey. PhiCommerce has been among the few home-grown companies spearheading this transformation in the Indian payments industry. Our presence in Singapore will not only allow us to better serve our valued clients in these key regions but also strengthen our foothold as a leader when it comes to payment technology solutions,” said Jose Thattil, CEO, PhiCommerce Private Ltd.

“The region’s dynamic payment business landscape and burgeoning tech ecosystem align perfectly with our vision of providing cutting-edge solutions that empower enterprises across Asia, the Middle East, and beyond,” added Thattil.

PhiCommerce provides an end-to-end, unified and omni-channel digital payments platform to businesses, banks, and networks to address complex digital payment needs by delivering a simplified, secure, scalable, robust and frictionless payment experience to all stakeholders.

PhiCommerce was established in 2015 and based in Pune, enables businesses to strengthen the digital payments ecosystem using integrated and agile innovations, enabling smooth and flexible payments across all consumer touchpoints — browser, mobile, in-store and remote.

Phi Commerce has created PayPhi, an omni-channel payment processing platform that processes digital payments at the doorstep, online & in-store across a variety of form factors such as cards, net-banking, UPI, Aadhaar, BharatQR, wallets, NEFT, RTGS, and NACH. The company was established to digitize white spaces in payments & go beyond routine payment processing.