mobileGullak helps retailer save small change to customer's mobile phone. See our short video here : www.mobilegullak.in
Pain : Customer cannot buy items with price less than Rs 100 using debit or credit card as retailers have to pay 'Interchange FEE'. And to sell items with price less than Rs 100 retailers have to stock loose cash/change which they buy by paying 5-10% commission.
Solution : mobileGullak's Zero transaction cost is an innovative and smart way to solve loose cash /change issue of retailers. Our platform turns any phone into wallet
Roadmap : The big opportunity to us is in the mobile payments space and solving the 'change' aspect first is helping us to break the initial barrier, providing us low hanging fruit and also helping us build customers' confidence in mobile based transactions.