Paymitra is a Neobank platform That helps SMEs and startups to automate business Payments, banking and accounting in one place. Paymitra is a Technology Platform-it is not a bank and does not hold or Claim to hold a banking Licence. The business Current accounts, Corporate Cards, Business Loan and others Similar banking /Financial Service offered on the Paymitra are Provided by RBI –Licensed banks and Financial institutions. All Funds in the Paymitra Powered business current account are insured as per limits Prescribed under the RBI ‘s deposit insurance scheme. The banking services/Financial services offered on Paymitra Platform are powered by our Partner bank and Financial company /institutions and follows all Security Standards and Legal requirements Prescribed by the Partner bank/Financial institutions,in accordance with extant RBI regulations.
Our Business Model includes empowering People with Technology and increasing the use of Electronic Payments. This will automatically decrease the use of Cash and Cheques in the System which is a big Step towards Safe and Secure banking Practices. In our Global Payments endeavour, We connect different Banks, Co-Operative Banks, Financial Institutions and Governments to Service our Clients in the best Possible Way.
India's first current account built for Startups
**Instant beneficiary addition with no cooling off period
**Never Share your OTP Again, Simply add your team with built in approvals
**Approval or Decline Payment on the go
**Guarantee collateral free Corporate credit card
**Pay GST ,TDS and Advance tax in under 30 second from one Dashboard
**Seamless Vendor and Merchant Payout in one click ,add, track and pay invoice automatically
**Run payroll in 10 minutes-- automated salary disbursals , compliance Payments and filling PT,TDS,PF AND ESIC
**Easily apply Incorporated ,GST, Accounting from one Dashboard
**Miscellaneous expenses and maintenance from one Dashboard
**Collaborate with your accountant through your dedicated CA Portal
*** this is the Best Ecommerce Platform where You can Easily Purchase All
Types Product and Get Rewards,cash back Return.