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NORTH AmERIcAN Newsline                                               NOVEMBER 20, 2020  |        The Indian Eye                          20




            PAytel App launched in india to help




                        business with banking services





                                                                                                                      hope to generate over 1 million
        Our Bureau
                                                                                                                      direct and indirect employment
        New York                                                                                                      opportunities in India.
                                                                                                                         With  the  historic  pandemic
              AYTEL         FINANCIAL                                                                                 COVID-19 it has affected all of
              TECHNOLOGY Private                                                                                      us in the world and the way we
        PLimited is a FINTECH                                                                                         do business in the year 2020 and
        company, launched its PAYTEL
        App to Public in India on No-                                                                                 going forward. While the world
        vember 9, 2020 by its manage-                                                                                 tries to find a cure for COVID
        ment team under the leadership                                                                                19 it has already brought a big
                                                                                                                      change in how we do business
        of Mr. Rishi Vashisht, Mr. Ar-                                                                                in our everyday lives. PAYTEL’s
        jun Vashisht and talented team                                                                                team and partners have built
        of industry professionals in-                                                                                 the PAYTEL platform which
        cluding significant international
        partners.                                                                                                     allows users to manage the new
                                                                                                                      normal. PAYTEL’s friendly plat-
                                                                                                                      form  will  facilitate  payments
        PAytel channelizes busi-                                                                                      and  manage  finances  through

        ness through its network                                                                                      browser,  mobile  phone or  any
                                                                                                                      other  portable  devices  without
        partners who are situated                                                                                     the  need  to  rely  on  brick  and

        across india and aims to                                                                                      mortar services.
        provide  end-to-end  bank-                                                                                    PAytel having been suc-

        ing  services  to  all  seg-                                                                                  cessfully launched in  in-

        ments of the country.                                                                                         dia will soon be launch-


            PAYTEL vision is to digitize                                                                              ing its operations in USA,
        the untapped segment of India                                                                                 Canada,  Mexico,  Central
        through its partners and provide
        banking to those who have been                                                                                America, South America,
        deprived access to the advanc-                                                                                UK,  europe, Middle  east,
        ing digital world. Team PAYTEL
        considers this as a serious eco-                                                                              South-east Asia and Afri-
        nomic and social responsibility                                                                               can nations by 2021.
        and believe will bring the best fi-
        nancial services to the deprived
        population of India along with                                                                                    PAYTEL has diversified and
        the mainstream community.                                                                                     dedicated knowledgeable inter-
            PAYTEL platform is user                                                                                   national board members  like
        friendly and is available as                                                                                  Dr. Bobby  Kalotee who  is an
        browser, mobile app-based                                                                                     entrepreneur, chairman of Hu-
        technology. PAYTEL is in the                                                                                  man Rights Commission in NY,
        process of expanding into do-                                                                                 former chair and current board
        mains  of  financial  digitization                                                                            member of NCNY , Leslie
        with modules already devel-                                                                                   Greyling president of Golden
        oped in the areas of banking,                                                                                 Square Partners a multibillion
        payment gateway, IMT, e-wallet,                                                                               dollar  firm  who  own  multiple
        POS and many other modules.                                                                                   gold mines across the globe,
        These modules will be launched                                                                                Nick  von  Schirnding,  CEO  of
        in  coming  months.  PAYTEL’s                                                                                 London Stock Exchange AIM
        goal is to become a one-stop fi-                                                                              Markets and many other signifi-
        nancial service provider through                                                                              cant industry leaders and entre-
        their network partners and                                                                                    preneurs across the world.


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