PayTM has selected Nelito’s FinCraft Enterprise Reporting for its MIS ADF requirements as a payment bank. It shall also be using Nelito’s two decade long expertise in banking domain for its other requirements.
PayTM received the payment bank license from RBI in 2015. The bank intends to use PayTM wallet's existing user base for offering new services, including debit cards, savings accounts, online banking and transfers, to enable a cashless economy. PayTM wallet is India's largest mobile payment service platform with over 100 million wallets & 10 million app downloads.
“The Bank is associated with M/S Nelito since 2002. M/S Nelito Systems Ltd has been our CBS vendor since 2009. The Products, quality of service offered by them are excellent. They have a very good support team and are trained enough for handling any type of situation.”
“Good & Co-operative.”
“We appreciate your local team who continuously supported & assisted our team to meet the goal.”
“Our Bank is attached with Nelito Systems Ltd since 2002 and migrated to CBS on FinCraftTM CBS Core Banking Solution of Nelito Systems Ltd, in the year 2005.The application is functionally rich, user friendly and easy to navigate. We are using other supporting interfaces of Nelito like anywhere ATM, SMS Banking, RTGS/NEFT, Share Accounting etc and it has helped us in smooth automation of Banking operations. The bank is getting more time for Business Development”
“Nelito’s proactive customer centric approach and use of industry best practices enabled us to convert our business function in world class core IT application .”
“The Software has excellent real time response even from our remote branch which is app. 100 kms from the Data center”
“Nelito has given one stop solution and completed the browser based CBS Computerization of 54 branches within 7 months of our order. We are happy with the product and services “