Binmile Steps up the Ladder to be a Successful Tech Partner of FinTech Platform
Binmile Technologies, a Noida-based digital transformation company, added one more success story to its fold when Chennai-based digital platform PeLocal launched its one-step payment solution. 𝐁𝐢𝐧𝐦𝐢𝐥𝐞 is stepping up the Ladder and becoming a successful tech partner of various startups, small, medium, and big-sized companies like PeLocal. Binmile has helped 𝐏𝐞𝐋𝐨𝐜𝐚𝐥 Fintech Pvt. Ltd. to launch a step ahead. PeLocal envisions the idea of ‘vocal for local’ and aims to bridge the gap between consumers and merchants and consumers by digitizing the entire payment process and substituting last-mile bills payment. Read here how Binmile helped the fintech player get a unique fintech payment app and ensure desired outcomes with payment services.
Binmile inked a technology partnership with PeLocal to build a fintech app from scratch to aid vendors and customers with payment management. Pelocal collaborated with Binmile to scale up its platform to expand transaction options with additional features in a simple way. The digital pay app has already touched 50k transactions within the first three months.
PeLocal is a digital software and app platform for having hassle-free business solutions for changing payment needs with a simple app. The app uses the best technologies available in the competitive market to confirm fast and seamless payment settlement services. Pelocal support team extends a helping hand to merchants who need to upload their customer base and get support for payment transactions.
Binmile used React Native, Python, React JS, HTML3, HTML5, and PHP as tech stacks to meet all payment challenges in the local market. The scope for the fintech payment app development included the following tasks:
• API development and integration
• DevOps automation
• Mobile app development for Android & iOS
• Product conceptualization
• UX/UI strategy and designs
• Web development
“PeLocal has already started to address the last mile digital bill payments need gap. Unfortunately, the vendor payment landscape is still largely dominated by last-mile manual bills and transactions of paper currency. Currently, bills are mostly paid in cash leading to various inconveniences in payments and tracking. We plan to eliminate this business part and completely digitalize it by offering round-the-clock services and support to replace manual bills. Also, each household has to pay multiple monthly bills in cash or in-person to the vendors, and we plan to unify these payments on a single digital platform. In a nutshell, PeLocal aims at revolutionizing the way merchants can manage and receive payments for the services given to consumers while at the same time bridging the gap between merchants and consumers. PeLocal envisions our idea for being for ‘Vocal for Local,’” said Vivekanand Tripathi, co-founder and CEO, PeLocal.
Binmile Technologies has served various finance companies and organizations to get customized fintech payment apps to help them penetrate the market.