BenePay.io

We help our institutional customers to comply with data privacy laws, improving their customer experience, reducing operational expenditure, and reduce payment frauds when disbursing payments globally. On the other side, we empower payees to control their personal and payments accounts data, self-identify before getting their payments. Currently, it is a big challenge for payers in capturing and safely storing payment details of payees. And, Payees have to share the same details with multiple payers every time. This is time consuming, prone to mistakes and frauds, with no control on data provided. We intermediate between payers and payees, providing a communication hub, capturing the payee details, manage their payments, get updated, and keep them ready for payments to execute. In future, we intend to execute payments ourselves for the payers, providing multiple payment destinations around the world, and offering attractive and guaranteed Fx rates. Our entire service is bank-grade the necessary security controls, enforcing Two-Factor authentication to access the service. We provide an easy to use portal and APIs for our business and banking customers to upload their payment advice files with minimal data, and also enabling them to download real-time MI. Payees can use our easy to use UI to manage their payments and provide their payment account details. They can choose to save, add, delete their payment and personal details. This is a global solution, and is a 2-sided, Enterprise Gateway Market place (EGM) based service to businesses and banks to make payments to their payees, offering it as a SaaS. Our service enables customers around the world to leverage it from our platform on public Cloud or can host on their internal cloud platforms.