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ItzCash’s Attempt To Make India Financially PHYgital

In the mid-2000s, Internet penetration had just begun in the lower sections of society and mobile adoption was increasing. But, when it came to payments or any kind of financial transactions, there was cash and only cash. “In 2005-2006, 97% was cash and only 3% was digital,” begins Naveen Surya, the co-founder of payments platform ItzCash. “This … Continued

Demonetization triggers spurt in digital payments

CIO.in, Mumbai, November 11, 2016 Demonetization triggers spurt in digital payments; drives India towards cashless economy.  The demonetization move that initially paralyzed the economy is now catalyzing the country’s digital payments ecosystem. We’re are witnessing an economic transition right now. The quintessential digitally-spooked `Aam aadmi’ is keeping aside his wad of cash and signing up for e-payments and mobile … Continued

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ItzCash eyes Rs 60 crore from corporate gifting during festive season

Times of India, Chennai, October 19, 2016 ItzCash, a leading player in the digital payments space, is eyeing Rs 55 crore-Rs 60 crore in revenues from its ‘corporate gifting’ segment during the festival season. The company said it is all set to double revenues to over Rs 350 crore during 2016-17. ItzCash is a prominent … Continued