PayNearby launches BharatQR on its 2 lakh merchant network; enables customers + merchants for seamless cardless transactions

PayNearby launches BharatQR on its 2 lakh merchant network; enables customers + merchants for seamless cardless transactions

Seamless – Cardless payments with Bharat QR launched by PayNearby at all its 2 lakh merchants

Customers can use BharatQR to pay through banking apps and BHIM UPIat local merchants

Just on the backdrop of Reserve Bank of India approving Tokenisation, PayNearby, India’s leading digital fintech company which empowers retailers at the first mile to offer digital financial/non-financial services to locals, hasreleased BharatQRin its robust portfolio of payment solutions. This is the second major launch by PayNearby, after the company successfully released AePS capabilities in partnership with NPCI and YES Bank riding on the JAM trinity to advance the services to citizens under PMJDY. Through its latest release, PayNearby aims to boost cardless transactions,enablingmerchants to receive payments seamlessly through technology-led methods.

With widespread promotion of digital payment solutions across the country, India has been able to achieve 30 lakh deployments of EDC machines already and now with Bharat QR launch, it becomes easy for the reaming of the 2 Crore merchants to come on to digital payment platform with ease. By empowering the local shopkeepers to accept a payment option as ubiquitous as BharatQR, PayNearby is addressing this need-gap.All a customer needsto do is scan a code through their smartphones and make payments within seconds through their banking apps or BHIM UPI. The added convenience of BharatQR will indubitably encourage Indians to forego cash usage and further the vision of creating India’s largest hyperlocal FinTech network.

Speaking on the development, Anand Kumar Bajaj, Founder & CEO PayNearby and Chair BCFI Communications Committee, said, “PayNearby has been formed with the objective of digitally empowering local shopkeepers and allowing customers to be privy to a host of financial and non-financial services at the first mile. Our overarching goal has always been to facilitate multiple, technologically-advanced payment methods that can boost India’s progression towards becoming a cashless economy. Recent approvals from Reserve Bank of India regarding tokenization and work done by NPCI on BharatQR, both safeguards customers from skimming their cards. With our team of 488 able professionals and over 4 lakh retail partners, we are on a nation-wide mission to extenddigital financial inclusion to all. BharatQR integration is a massive push in this direction, as we make greater progress towards achieving this vision.”  

Commenting on this significant milestone Ritesh Pai, Chief Digital Officer at YES BANK said, “YES BANK has been a pioneer in furthering Technology-led banking innovations in India through its ART strategy -  Alliances, Relationships and Technology-based partnerships. PayNearby, as one of our preferred partners, has shown deep commitment to working together to bolster digital payments ecosystem in India. We believe that the next phase of growth in payments will be a function of innovating for the merchant segment, thereby also meeting India’s twin national agenda of financial inclusion and ‘Digital India’”.   

DilipAsbe, MD & CEO National Payments Corporation of India (NPCI) on this occasion said, “NPCI is proud to host FinTech startups like PayNearby who are dedicated to the cause of inclusion and have helped take forward the mandate and technology built by NPCI along with Banks. It furthers the national agenda of digital payments. We have seen the AePS and BBPS deployment done by PayNearby and are confident of their success to promote BharatQR. With the integration of BharatQR, PayNearby will be able to further enhance the customer and merchant experience and accelerate the growth of digital payments adoption across India in the smoothest manner”.

Play Games24x7 Launches My11Circle

Play Games24x7 Launches My11Circle

A Brand New Fantasy Sports App

Play Games24x7 unveils its new fantasy sports platform, My11Circle, offering a completely new way of experiencing fantasy cricket. The all new fantasy sports app will be available for download from 1st February 2019.

The platform offers a simple and fun way to experience fantasy sports. Fans can pick and select players from both sides in a match and create a fantasy team of their own. Basis the performance of their selected 11 cricketers, a team owner can win exciting cash prizes. This doubles the fans' engagement and excitement for any cricket match now that every fan can create his/her own fantasy team.

Indian fans worship cricket. From IPL to overseas tours, to ICC championships, all cricket events are like festivals for the Indian fans. As per the IFSG report, online fantasy gaming has witnessed a boom in India with the user base seeing exponential growth, right from 20 lakh in 2016 to over 4 crores in 2018. With this pace sustained, India is all set to beat the United States and Canada that has 5.93 crores Fantasy Sports users.

What these numbers clearly show is the growing number of enthusiastic fans online all ready to form their own Fantasy teams and enjoy this new form of gameplay. Play Games24x7 brings in a fresh impetus with My11Circle which the Indian Cricket fans are bound to love. It is fast, smooth and offers great cash rewards. What makes it stand apart is the live player statistics available on the platform, along with the fastest score updates for its players.  Over the years, Play Games24x7 has earned the trust of its players, through fair and user-friendly innovations and My11Circle is not going to be any different.

gb“Today is a very important day for Play Games24x7 as we launch our first ever fantasy game. We, of course, start with cricket but the goal is to offer multiple games in this format. Our focus on understanding player behavior has enabled us to provide awesome game playing experiences and we shall continue that endeavor by providing awesome fantasy cricket experiences to our players,” shared Bhavin Pandya, Co-CEO and Co-Founder, Play Games24x7.

My11Circle currently has international and domestic cricket games to select from. Players can select from practice or cash games post registration. The platform encourages fans to deeply engage with the sport thereby increasing participation and viewership.

Saroj Panigrahi, Business Head,  My11Circle shared, “Play Games24x7 has a history of successful growth across different product platforms and is excited to introduce the My11Circle fantasy sports app for all Indian cricket lovers. Fantasy sports has great potential in our country and complements Play Games24x7’s existing portfolio perfectly.”

To enjoy the best of fantasy cricket, join My11Circle and start playing fantasy sports today. With the biggest of cricket games and cash prizes, this is the place for enjoying cricket to the fullest.

 About Play Games24x7 Pvt. Ltd.

Launched in 2006, Play Games24x7 is an online desktop and mobile gaming platform that has leveraged technology to bring people an awesome experience of playing games that they have always loved and enjoyed. The very affable Indian card games, Teen Patti and Rummy that were restricted to the living room during the festivities, are now played every day at a competitive level in the limitless digital world. It now introduces players to the world of online fantasy games with its new fantasy cricket gaming platform.

Backed by a strong technical support team, seamless payment gateways, and engaging user interface, Play Games24x7 launches My11Circle on mobile and desktop, powered by RummyCircle. It stands as a market leader, providing the best gameplay experience to the user. Over the years, Play Games24x7 has developed a deep understanding of what players look for in a game. What makes them stand apart is the ability to provide a customized gameplay experience to each player.

In the past, the company has also seen investment from Tiger Global Management, a leading US-based technology-focused hedge fund. Play Games24x7 launched Fantasy Cricket on My11Circle, Rummy on RummyCircle and Teen Patti, Rummy, Poker and Bet Cricket under Ultimate Games banner, and has recorded cumulative twenty-eight million registrations and downloads for all the games put together.

TIRUN roadshow set sights on redefining cruise travel in India

TIRUN roadshow set sights on

redefining cruise travel in India

PAN-INDIA ROADSHOW BY THE EXCLUSIVE INDIA REPRESENTATIVE OF ROYAL CARIBBEAN CRUISES TO INTRODUCE FAMED LUXURY CRUISE SHIP `CELEBRITY EDGE’ AS A PART OF ITS STRATEGY TO REDEFINE CRUISE TRAVEL INDUSTRY IN THE COUNTRY BY SETTING UP A NEW BENCHMARK IN FEATURES, ARCHITECTURE, AESTHETICS AND ITINERARIES TO TAP INTO THE GROWING DEMAND FOR LUXURY CRUISE TRAVEL AMONG THE YOUNG

TIRUN Travel Marketing, the exclusive India representative of Royal Caribbean Cruises Limited, announced its plans to launch a grand multi-city trade roadshow to introduce cruise enthusiasts and travel partners to Celebrity Edge - a transformative cruise ship- redefining the standards of cruising across the industry. The roadshow, which was formally flagged off today in Kolkata, will cover Pune, Chennai and Ahmedabad.

Celebrity Edge, a revolutionary cruise ship by award winning Celebrity Cruises, has set some unprecedented standards with its features, aesthetics, architecture and most importantly, itineraries. The revolutionary ship has a tonnage of 130,818 GT and a double-occupancy capacity of 2918 passengers and 1400 crew members, making it the ship with the best passenger-to-crew ratio.

It is a true architectural wonder with various amenities including an innovative moving deck called The Magic Carpet - the world’s first cantilevered floating platform that keeps changing its position to offer breath taking views to guests; Infiniti Veranda - a feature that enables guests to transform their entire living space into a balcony opening out into the vast ocean, all with the touch of a button; The Garden of Paradise on Water-Eden – the first-of-its-kind ship features Eden, an on-board garden and a recreational area, that includes some of the most exotic and beautiful plants across three levels ensconced in glass, looking out to the beautiful ocean outside.

A state-of-the-art spa on sea, sprawling over 14,000 square feet, with an accompanying gym and café covers 22,000 sq ft and offers a wide variety of treatments and wellness facilities that will help guests forge a deeper connection with the ocean. The Retreat - featuring a private pool and a lounge and an exclusive sanctuary designed just for Suite Class guests, The Rooftop Garden which provides movies, meals and nature – is a brainchild of celebrated architect Tom Wright a perfect place to relax and unwind in the lap of nature.

“Considering the great anticipation in cruising circles regarding Edge’s launch, it is ideal that a massive awareness and introduction event is undertaken for the benefit of every Indian cruise enthusiast,” said Mr Varun Chadha, COO, TIRUN Travel Marketing. “We have focused on a list of cities initially as we believe these developing markets have a huge potential for future business. We have registered maximum queries from these markets and have noticed a high number of high networth individuals clientele looking to take luxury vacations.”

The other cruiseline of Royal Caribbean Cruises Limited, which is Royal Caribbean International, has announced its India sailings in line with the increasing demand for cruise tourism witnessed in India. These cruises include, Explorer of the Seas and Spectrum of the Seas. To be launched in April 2019, this would be the largest ship to come to India. These India sailings are due in April and May, coinciding with travel season.

The multi-city roadshow is a grand way to showcase the fact that cruise tourism is in fact the fastest growing travel segment in the country. With TIRUN being a significant member of the ‘cruise task force’ formulated by the government and industry stakeholders, such a roadshow will go a long way to deliver an estimated 200% growth year-on-year. With India set to become the country with the youngest workforce by 2020 and 47% professionals desiring a cruise holiday, the demand exists for best-in-class cruise ships that travel to beautiful destinations offering travellers the best of convenience and luxury!

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ABOUT TIRUN:

TIRUN Travel Marketing is the exclusive India Representative for Royal Caribbean Cruises Ltd. with a portfolio of 3 of its cruise brands including Royal Caribbean International, Celebrity Cruises and Azamara Club Cruises. A leading travel marketing company, TIRUN along with Royal Caribbean Cruises Ltd. pioneered the concept of cruising in India in 1993 and continues to successfully undertake exclusive sales and marketing for the various brands while also providing operational support pan-India. Headquartered in New Delhi, the company has on ground presence in Pan-India. Today TIRUN is the most invested and experienced Cruise Company in the country.

Incepted in 1991 as Discover the World Marketing (DTWM), and later rechristened to TIRUN in the year 2001, the Company has introduced many acclaimed international brands to the country, some of which include US Airways, Hyatt Hotels, Hertz and Universal Studio's.

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Exide Launches Power NXT UPS systems for SOHO sector

Exide Launches Power NXT UPS systems for SOHO sector

Exide Industries Ltd, the country’s largest lead acid storage battery maker, launched a new range of next generation online UPS named Power NXT. Using cutting edge technology, these online UPS range is targeted at the burgeoning SOHO (small office home office) segment as well as large format retailers.

Launching the new range in the city, Mr Arun Mittal, Director Industrial of Exide Industries Ltd, said “Exide has always remained on the cutting edge of international technology by offering products that are a generation ahead of the competition and address the real need of the user. Our latest offering of Power NXT is a testimony to that commitment to technological excellence and understanding of the market’s latent requirements.”

The new UPS system will be available across a range of capacities from 1 KV to 3 KV covering a wide target audience of SOHO and other small businesses like diagnostic centres, tutorial homes among others. “Earlier the typical demand on a power back up system was to keep the lights and fans running. But now these businesses also need back up for billings, point of sale card swipe, running of CCTV etc. Our Power NXT has been designed to address this new need of the growing economy of India,” Mr Mittal said.

About Exide Industries

Exide Industries Ltd is the country’s largest manufacturer of lead acid storage batteries and power storage solutions provider. With seven international standard factories spread across the nation for producing batteries, the company offers one of the widest ranges of batteries for every conceivable application in automotive as well as industrial segments. To complete the entire value chain, the company has two captive lead smelting units and two UPS manufacturing facilities. Exide also has manufacturing facilities in Sri Lanka and does business globally through its subsidiaries and international affiliates.

Exide’s products are sold globally, particularly in developed markets like Australia, Japan and Western Europe, under its own brand names.

Exide’s strong brand pull, established in India for about a hundred years, is supplemented by its nationwide dealer network and a very strong R&D center. With the help of its collaborators – Shin Kobe and Furukawa of Japan and East Penn of the US - Exide has consistently remained at the cutting edge of international battery technology and introduced various pioneering products and power storage solutions in the Indian and global markets.

Exide’s vast product range, that includes everything from the smallest UPS batteries to the giant submarine batteries, find applications in automotive, two-wheelers, inverters, UPS, power, telecom and railways, among others. Exide is also present in the non-conventional energy business where it designs and integrates solar and wind power solutions for use in remote areas of the country.

Exide’s customer list includes some of the top most international names in industries as diverse as automotive, earth moving equipment, telecom and UPS manufacturers.

With an annual total income of Rs 9186.32 crore (as on 31^st March 2018), the company is the largest among the branded lead acid storage battery businesses in India. The company has been consistently profitable and paying dividend every single year since its inception.