StockHolding Ties up With "Payoye" Payment Platform

Top Quote In a revolutionary move, StockHolding will begin accepting payments via Unified Payment Platform, "Payoye", starting from 1st February, 2016. StockHolding will provide this unique facility to all its DEMAT clients to facilitate seamless payments. End Quote
  • (1888PressRelease) February 02, 2016 - "StockHolding" becomes first Organisation in India to start accepting payment via Payoye"

    StockHolding, widely renowned for it's initiatives in bringing about technological innovations into financial services, has now become the first organisation in India, to make this kind of tie up.

    "Payoye" is a disruptive Cardless, Cashless, Contact-less Unified Payment Platform, with which payments can be done via any instrument such as Credit Card, Debit Card, Cash Card, Internet Banking, e-Wallets and IMPS. Payoye has incorporated "OYETag" in all bills that customers can simply scan via their mobile App and pay instantly or save for later. It can be used to make a variety of payments like retail payments, paper based payments, online payments, social media payments etc. Independent of any other hardware or software integration, it is easy to use, highly accessible and can be rapidly scaled. It also provides six layers of protection using military standard encryption, which keeps the user's sensitive information extremely safe. Payoye, basically lets its customers skip the chaotic process of making various payments by giving them a single platform, wherein they can make all their payments with ease.

    By making this alliance with Payoye, StockHolding has dramatically increased its options of payment collection via multiple instruments like E-Wallet, Credit Card, Debit Card etc. without the need for any other hardware or software integration.

    With this path-breaking initiative, StockHolding clients now have an option to make seamless, on-the-go payments with Payoye, using credit/debit card, net banking, e-wallets etc. There will be no need to go online or visit StockHolding counters as they shall have the freedom to make hassle-free payments from their smart phones or tablets by just scanning the OYETag.

    Considering the fast-paced and stressful lives most people lead, StockHolding's latest move comes as a welcome relief and certainly has the ability to make the process of payments much more easy, comfortable, seamless and secure.

    About StockHolding
    Stock Holding Corporation of India Ltd. (StockHolding) is promoted and owned by leading Financial Institutions and Insurance Majors such as IFCI Ltd, SU-UTI, LIC, GIC, NIA, NICL, TOICL and UIC, all leaders in their respective fields of business. StockHolding is a Government Company, being a subsidiary of IFCI. StockHolding has widespread network of branches across the country. StockHolding as one of the market leaders providing financial services over the last 26 years holds Assets under custody of Rs. 30 trillion, the largest in India. StockHolding enjoys the trust of lakhs of customers given its Institutional status and has a proven track record of Operational processes and Service capabilities. StockHolding provides Demat, Sub Broking, E-stamping, Document Management Systems, Distribution of Investment products such as Mutual Funds, Fixed Deposits, Bonds, Debentures, IPOs, Bullion and Distribution of Loan products. StockHolding also provides services for National Pension System (NPS).

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