Paymart India has created and is offering the services of the world’s first Virtual ATM.

Basic Information

Chandigarh based Paymart India is a Fintech company working on replacing ATMs with network of merchants. The company is engaged with India's largest private bank to launch service in upcoming months. It will be first company to launch the service in India. They plan to tie up with all the 60 banks in India and became India's first cash withdrawal gateway. Paymart India is promoted by Veterans and Professionals from the financial and banking sector having more than a total of more than 100 years of experience. It is RBI regulated full fledged money changer authorised to deal in business and foreign currency and inward remittance. They are committed toeards financial inclusion in the country and undertakes digital literacy programmes in association with the various banks in rural parts of the country. See more

Legal Name


PayMart India Pvt Ltd.



Chandigarh, Punjab, India

Founding Date



No. of Employees


41 to 60

Core Team


Jitender Singh

Chief Financial Officer


Amit Narang

CEO & Director


Suvir Chopra

Chief Technology Officer