Eroute Technologies is a digital payment card company which is conceived by pioneers in the banking and payment industry with a goal to redefine spending experiences for the masses by creating a simple, secure and reliable platform that helps in connecting people and businesses globally.
The company has also recently received Reserve Bank of India’s in-principal authorisation to issue and operate Pre-paid Instruments under the Payments & Settlement Act, 2007 and proposes to offer cashless convenience to millions of Young and their parents with the innovative OmniCard® linked to an intuitive mobile app. The OmniCard® manifests the flexibility and seamless consumer spending experience to our Young to use their pre-paid card account independently and relieve their parents of giving them physical cash or supplementary debit or credit cards for their spends.
Sanjeev Pandey, Co-founder & CEO Eroute Technologies said, "The unprecedented Covid-19 outbreak has made social distancing a new-normal giving impetus to online and contactless payments. Our endeavour, since the commencement of our operations in 2019, has been to build an omni-channel payment ecosystem that simplifies consumer spends and addresses the needs of the pre-banked and underserved segments of our society using our innovative technologies and designs blended with personalisation. We aim to be a leader in card-based payment industry targeting niche market segments with one-stop spending experience to our users. We are delighted to be a part of Regulatory Sandbox’s 1st Cohort and have high praise for RBI’s initiatives to spur digital payment innovation in the country.”
Abhishek Saxena, Co-founder & COO says “Eroute is an innovation lab and our product philosophy is “YOU”. SIM Overlay smartcard empowers a large under-served population specially living in semi-urban & rural areas of our country by improving their livelihood using UPI based mobile payments. On the other hand, OmniCard® solves the problem by offering solutions that match the vibes of the 230 Million tech native youth, their lifestyle and spending experience through an intuitive Mobile App and a reliable new generation Card with spend visibility, controls and other advanced features along with savings on real-time personalized merchant offers.
