SlabPay is a young Fintech Organisation incorporated in October 2023, by the industry veterans with over 10+ years of expertise in Payment industry with a vision to serve the unbanked and under banked community based on Financial Inclusion programme and Model run by Reserve Bank Of India(RBI). The company aims on providing digital platform which can help merchants to provide end to end financial services to the masses through its well massive Cloud infrastructure.
SlabPay is highly equipped and has full control over our product development roadmap. This also makes us nimble and able to rapidly roll out new features. Our company vision is to provide various essential Banking services like Remittance, Micro ATM, Bill Payments, AEPS, Loans including all the services with comes under Financial Inclusion to the under banked/unbanked community across India. Our key objective is to engage with locals and convert them into Entrepreneur (VLE- Village Level Entrepreneur) and thus provide them with basic dignified, self-sustainable earning model at economical cost.
Domestic Money transfer is a crucial and basic need in our day-to-day lives. At SlabPay we empower people by ensuring that this basic need is expertly and conveniently met with the help of our remittance services.
The AePS service enables the customer to use their Aadhaar card to access their Aadhaar-linked bank account and carry out basic banking transactions like withdrawals, balance enquiry. These transactions can be easily done using a Biometric Scanner
Bharat Bill Payment System (BBPS) is a RBI mandated system which offers integrated and interoperable bill payment services to customers across geographies with certainty, reliability and safety of transactions.
Micro ATM (Matm) is a portable hand held device for cash withdrawal from users’ bank accounts. Matm services are used to withdraw cash and for balance enquiries just like a bank ATM. micro ATMs come in handy in areas where bank ATMs are far and few. It has made cash withdrawal more accessible and convenient for customers.
SlabPay Is A unique Tech-Enabled Business Model In The Travel And Payments Space, Providing Unified One Stop Platform For All Travel And Payment Solutions To All The B2B Merchants. SalbPay offers a variety travel services such as Bus, train and flight ticket bookings at reasonably priced and comprehensive rates.
With the objective of ensuring greater Financial Inclusion and increasing outreach of the banking sector, Banks have been permitted to use the services of NGOs/SHGs, Micro Finance Institutions (MFIs) as intermediaries in providing Financial and Banking services through the use of Business Correspondent Model.