fonePaisa is a path-breaking innovation in the Indian Payment industry, leveraging upon the mobile penetration among the common. Besides all contemporary payment options, fonePaisa would work seamlessly with “IMPS-Plus" of NPCI and would aggregate all sources of fund into the hand of the consumer; be it a banking account, credit/debit card or a digital wallet. While saving PoS terminal costs for the merchants, fonePaisa enables the customer to approve each payment within the safety of her own handset and with the authentication factors, as stipulated by RBI. fonePaisa complements the ‘Financial Inclusion’ objective of the nation. fonePaisa’ founder team is probably most enviable in the industry. Sharad Hegde, Founder-Chairman, was 1st employee of Infosys and is better known as the God-father of Finacle. Ritesh Agarwal, Founder – COO, is a zealous entrepreneur with 18 years’ experience in branch-banking and BFSI software industry. C.S.Prasad, Co-Promoter, was head of development for Finacle-CBS at Infosys and is known for his technical prowess.