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Innoviti's AI Platform Sparcs to Provide Customers an X-ray View Into Payment OperationsHelping merchants, banks and brands know what they cannot infer from conventional MIS BENGALURU, June 4, 2020 /PRNewswire/ -- Provider of intelligent payment systems, Innoviti Payment Solutions, announced today the introduction of Sparcs, an AI/ML based platform, that can help customers get an X-ray view into their payment operations being managed by Innoviti.
"At Innoviti, we pride ourselves on our consistent technological innovation to utilize the full power of digital payments beyond terminals. Sparcs will ensure that our partners get an X-ray view into their payment operations and use it for growing their business faster in their own unique ways," said Mr. Digvijay Singh, Vice President, Technology, Innoviti. About Innoviti Payment Solutions Pvt. Ltd., Bangalore, India. Innoviti Payment Solutions Pvt. Ltd. has been a pioneer in the use of technology to design payment experiences that enable merchants to deepen engagement with their customers, helping them compete far better than possible with conventional payment terminals and gateways. The company processes over 6.5B$ of offline merchant payments (~5% of India's offline merchant payments volume as per RBI data), from over 1000+ cities with a volume throughput per installation that is 2X of the country's average. Catamaran Ventures, SBI Capital, Bessemer Ventures and FMO are investors in the company. The company has several patents filed for with two awarded. Innoviti is the winner of Mastercard's Innovation Wizards Award in 2019 and Reliance's Most Promising Growth Consumer Finance Award in the same year. For more information, please visit: http://www.innoviti.com Logo: https://mma.prnewswire.com/media/1041869/Innoviti_Logo.jpg |