Innoviti Payment Solutions (Innoviti) started its payments business in 2008 and quickly established itself as a pioneer in solving difficult problems in the payments space using technology. Innoviti’s aim is to fuel India’s growth by helping drive a cashless economy. We believe this will release a tremendous amount of money in the Indian market that will ease the availability of credit to fuel entrepreneurship, create jobs and improve the living standards of every Indian. Only technology and a talented team that can put technology to use can address this tough problem. Innoviti is a well-funded company backed by marquee investors such as Titan Company (JV between Tata Group and TIDCO) and Catamaran Ventures (founded by Mr. N. R. Narayana Murthy) and NIIC, Canada. The company has been winner of several awards including Deloitte fastest growing company in APAC award three years in a row and Red Herring award twice. We hold 4 patents with 7 more in pipeline. Our business involves developing products that use technology to remove friction in a) the supply of money (credit) and b) movement of money. These seemingly simple objectives are actually very tough problems. Today less than 7% of entrepreneurs get access to capital to grow. Less than 8% of purchases happen through electronic money. Solving these tough problems in sustainable ways that are scalable and profitable is a tough challenge! To address these problems we have built some remarkable products such as uniPAY and smelending.com that today process more than Rs 10,000 Cr. of transactions annually. Leading customers such as Reliance Retail, Lifestyle, Yatra, Indigo, Inox, Tanishq, BPCL, WalMart are using these products. What makes us feel really proud is how cleverly we have used technology to make short-term credit available to more than 24,000 small businesses. Without technology, the challenges in supplying credit to this segment was not profitable for lenders and these businesses were unable to grow. If our track record is anything to go by, we have already made a small dent in the world of payments! We are now looking for enhancing our team with talented individuals who are ready to address more complex challenges and make a bigger dent! Would you like to join this journey? Frontend Developers Location: Bangalore Responsibilities: The suitable candidate will use C, C++ programming in the smart card technology space to understand the customer requirements and ensure that the project is delivered to merchant or production movement in a timely fashion. Duties: • Person should have 3+ years of experience and excellent capability to understand the customer requirement and drive till project delivered to merchant or production movement. • Should be able to have detailed interaction with banks and other customers and gather technical requirements Skills & qualifications: • Strong in C, C++ programming • Good knowledge in smart card technology including contact and contactless cards and other associated ISO standards. • Experience working on POS (Point Of Sale) such as Verifone and Ingenico Terminals • Experience working on EMV is MUST. Good knowledge in EMV specification and transaction flow. • Key management and cryptographic standards (TDES/DUKPT). • Good in design and documentation. • Banking/payment domain knowledge is MUST. • Payment schemes (VISA, MasterCard, AMEX, Rupay, Diners) standards and certification process knowledge. • Good communication skills • Application development in different POS platform would be value added. • Good knowledge in Emphasis on multithreading, socket programming would be an advantage. • Hands on in Core Java, sqlite • Worked in Microsoft COM technologies

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About Innoviti Payment Solutions

Founded :

2008

Type :

Products & Services

Size :

100-1000

Stage :

Raised funding

About

Innoviti Payment Solutions (Innoviti) started its payments business in 2008 and quickly established itself as a pioneer in solving difficult problems in the payments space using technology.

Innoviti’s aim is to fuel India’s growth by helping drive a cashless economy. We believe this will release a tremendous amount of money in the Indian market that will ease the availability of credit to fuel entrepreneurship, create jobs and improve the living standards of every Indian. Only technology and a talented team that can put technology to use can address this tough problem.

Innoviti is a well-funded company backed by marquee investors such as Titan Company (JV between Tata Group and TIDCO) and Catamaran Ventures (founded by Mr. N. R. Narayana Murthy) and NIIC, Canada. The company has been winner of several awards including Deloitte fastest growing company in APAC award three years in a row and Red Herring award twice. We hold 4 patents with 7 more in pipeline.

Our business involves developing products that use technology to remove friction in a) the supply of money (credit) and b) movement of money. These seemingly simple objectives are actually very tough problems. Today less than 7% of entrepreneurs get access to capital to grow. Less than 8% of purchases happen through electronic money. Solving these tough problems in sustainable ways that are scalable and profitable is a tough challenge!

To address these problems we have built some remarkable products such as uniPAY and smelending.com that today process more than Rs 11,000 Cr. of transactions annually. Leading customers such as Reliance Retail, Lifestyle, Yatra, Indigo, Inox, Tanishq, BPCL, WalMart are using these products. The uniPAY product line drives the payments business where we process more than Rs 10,000 Cr. of transactions annually. The smelending.com business drives the lending to small owners business where we process Rs 400 Cr. of lending annually

If our track record is anything to go by, we have already made a small dent in the world of payments! We are now looking for enhancing our team with talented individuals who are ready to address more complex challenges and make a bigger dent!

Innoviti Payment Solutions (Innoviti) started its payments business in 2008 and quickly established itself as a pioneer in solving difficult problems in the payments space using technology.

Prajwal P M

Penagalapati Sunil

Mahima Hegde

Anil Thankachan

Company social profiles

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