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Transforming The Way Business Pay and Get Paid in India with Paymate, Ajay Adiseshann

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Ajay Adiseshann

Ajay Adiseshann is the founder of Paymate, a B2B payment for Enterprise and SMEs in closed-loop supply chains that delivers a comprehensive digital workflow related to payments that enables greater control and transparency, better cash flows, and an end-to-end reconciliation for a superior experience.

Ajay is a successful serial entrepreneur who has built and led numerous technological enterprises. He developed and grew Coruscant Tec, an early leader in mobile content that was sold to Mukta Arts, prior to PayMate. He previously developed and ran Web Resource, a web development firm. Ajay also invests in technology businesses and mentors and advises a number of Indian technology entrepreneurs.

Ajay is a founding member of Paymate and one of the company’s most valuable assets. Ajay has been a part of the journey and milestones achieved by Paymate, which has successfully transformed from a mobile payment solution provider to a prominent B2B payments provider firm in India. PayMate partners with key Visa commercial card-issuing banks to support credit for both payables and receivables across supply chains, shifting traditional cash, cheque, and EFT to card streams with many risk-mitigation features for banks and longer days payables for buyers.

Procure to Pay automation, credit evaluation, and a discount marketplace are among the platform’s features, as are APIs for integration into current accounts/ERP for low-friction adoption. It’s cloud-based and may be accessed on any device. PayMate is operating in CEMEA and has a presence in South Asia (India) and the United Arab Emirates.