Basic Information
Bengaluru, Karnataka based Uvik is a start-up which is transforming digital payments in India through a contactless mobile payment interface. Uvik’s technology enables any business- small or large to accept payments using NFC technology which is already present in contactless credit/debit cards. They also have technology to support closed loop prepaid wallets over NFC which has the potential to bring massive amounts of unbanked customers into a formal digital payment ecosystem. Users can offer their customers a fast and familiar way to pay using bankcards, smart phones, payment apps and other wearable NFC devices, such as smart watches, rings and bands. Benefits they provide: Contactless payments - Accept payments using NFC technology which is already present in contactless credit/debit cards; Prepaid wallets support - It supports closed loop prepaid wallets like BHIM, GPay, Paytm, Phonepe etc. over NFC; Save 90% of all costs - Reduce the installation, operational and capital costs in setting up a digital payment system. Industries they cater to: Restaurants, Retail Stores, Bills, Cabs and Theatres.
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