Along with their other statutory and vendor payments, PayMate users and customers may pay their utility bills, including those for their telephone, power, water, and broadband services, among others.
India’s PayMate Limited ( “Utility bill payments using business credit cards are now possible on PayMate’s platform, major B2B payments and services provider that digitizes, automates, and streamlines business-to-business (B2B) payments throughout supply chains.
Customers and users of PayMate may pay their other statutory and vendor obligations as well as utility bills including telephone, energy, water, and broadband bills.
Ajay Adiseshan, Managing Director and Chairman of PayMate, comments on this by saying, “The COVID-19 epidemic presented difficulties for firms using conventional payment methods.
By including utility bill payments on the PayMate platform, we have given our clients another way to utilize business credit cards, ultimately giving them access to a fully integrated B2B payments stack.
“PayMate processed? 22,467.92 million in direct tax payments and? 99,929.67 million in GST payments using commercial credit cards from April to December 2021, while the total processing volume (TPV) of business credit cards climbed from 187,142.31 million in Fiscal 2021 to 464,766.45 million.
There are 166,811 customers and users utilizing the PayMate platform as of December 31, 2021. PayMate also aims to grow into further regions of Central Europe, the Middle East, and Africa. PayMate is a Visa-certified Business Payment Solution Provider (BPSP) in the United Arab Emirates “Region CEMEA.
Business-to-business payments in supply chains are digitized, automated, and streamlined by PayMate, a top supplier of B2B payment and services.
With digital payment streams like digital invoicing and other supplementary capabilities, the PayMate platform allows for an upgrade from conventional paper-based workflows to software-driven tasks.
