SafexPay is a unique payment gateway providers, It delivered disruptive technological solutions like E-Wallet & M-Commerce platform, Prepaid Card Insurance Platform, QR Code Based Platform, and White-Label Platform. In an Candid Conversation with TBF , Ravi Gupta, Founder of SafexPay gave some insightful views about digital platform and highlighting the necessity of financial banking sector in current market.
1. Briefly tell us about the CEO/Founder of the SafexPay
Mr. Ravi Gupta is a fintech expert having 10 years in building payment gateways/Neobanking/ QR code payments/Payment Switch/UPI /Soft POS and help these companies to launch their product in India as well as global markets. He was also awarded by World Payment Congress as Top 50 payment Influencer across the world. But 2017 was the year when he implemented his experience, product knowledge, industry knowledge, and relations for his endeavor.
He knew he was giving up all his savings and paying adieu to lucrative job offers. All due to his perseverance and never say any attitude. The Payment gateway product was launched in April 2017 and the company was incorporated in October 2014 as Paygate India Pvt Ltd.
The lean team of 70+ experts from various companies expanding to 100 and two offices Mumbai and Gurgaon within two years along with office in UAE. It delivered disruptive technological solutions like E-Wallet & M-Commerce platform, Prepaid Card Insurance Platform, QR Code Based Platform, and White-Label Platform. Safexpay also expanding to other geographies like UAE, Saudi Arabia, Australia and UK over last 6months.
2. Kindly brief us about your strategies behind those services/products. If possible, kindly give us a one line unique quote that best describes your company.
Safexpay is a Mumbai-headquartered fintech focussed on solving problems for businesses who need to either accept online payments from or make payouts to various stakeholders. We also specialise in making our platform available to other merchant acquirers such as banks, financial institutions, fintechs & international clients making us the leader in B2B2B white labelled payments.
3. Kindly describe innovation in FintTech in your own words
“SafexPay Offers White-Label payment gateway solution for banks, aggregators, resellers IT Companies, PSP & ISO of various countries. Our system is fully White-Label platform compatible, meaning it can be deployed in your brand and be managed by your staff. It is suitable for companies of all sizes from SME to multi-national financial services companies. The system can be deployed very rapidly and cost-effectively in any number of configurations. The platform uses state of the art technology to deliver to the merchant a user experience that is reliable, easy to use, and complementary to their day-to-day transactional needs.” Safexpay specialized in making their platform available to other merchant acquirers such as banks, financial institutions, fintechs & international clients making them the leader in B2B2B white-labeled payments. In his own words
4. What kind of technology does SafexPay Global invest in to stay relevant in the digital space?
SafexPay Offers White-Label payment gateway solution for banks, aggregators, resellers IT Companies, PSP & ISO of various countries. Our system is fully White-Label platform compatible, meaning it can be deployed in your brand and be managed by your staff. It is suitable for companies of all sizes from SME to multi-national financial services companies.
5. Kindly brief us about the most satisfactory experience with a client. What kind of game changing services have you provided to them?
SafexPay Offers White-Label payment gateway solution for banks, aggregators, resellers IT Companies, PSP & ISO of various countries. Our system is fully White-Label platform compatible, meaning it can be deployed in your brand and be managed by your staff. It is suitable for companies of all sizes from SME to multi-national financial services companies. This allows Companies to launch their own platform for Payment services and neo-banking in less than 10 days
6. With cut-throat competition and everyday evolution, how SafexPay faces new as well as prominent digital competitors?
In just three years of commencement, SafexPay has become The World’s Best White Label Payment Solution Provider. Mr. Ravi Gupta has been honored by IIM Ranchi to discuss his business as part of the leadership talk series. The company was the Winner in TIDES, IIT Roorkee in 2019 for accelerator program and was awarded funding
7. What lies ahead of SafexPay in the future?
In just three years of commencement, SafexPay has become The World’s Best White Label Payment Solution Provider. Mr. Ravi Gupta has been honored by IIM Ranchi to discuss his business as part of the leadership talk series. The company was the Winner in TIDES, IIT Roorkee in 2019 for accelerator program and was awarded funding
When fintech emerged in the 21st Century, the term was initially applied to the technology employed at the back-end systems of established financial institutions. Since then, however, there has been a shift to more consumer-oriented services and therefore a more consumer-oriented definition. Fintech now includes different sectors and industries such as education, retail banking, fundraising and nonprofit, and investment management to name a few.
The global fintech market was valued at about $127.66 billion in 2018 and is expected to grow to $309.98 billion at an annual growth rate of 24.8% through 2022. Thus Mr. Ravi Gupta has chosen his target market after appropriate research.
