Ezetap has been named to the 2016 CNBC Disruptor 50, a listing that ranks private companies whose innovations are revolutionizing the business landscape, the company said.
This marks India-based Ezetap´s inaugural appearance on the list, with the fintech company landing at number three, following Airbnb and Uber.
In India, where approximately two-thirds of its population have little to no access to banks or credit cards, the ongoing mobile revolution and a financial inclusion campaign spearheaded by Prime Minister Narendra Modi has allowed 200 million bank accounts to be opened and 100 new mobile wallets created.
Ezetap provides universal mobile point-of-sale (POS) devices and payment applications for emerging markets. Ezetap enables all business to move to smart apps, to handle any type of payment instrument for any type of transaction. Any mobile phone or tablet enabled with the Ezetap mobile point of service device becomes an intelligent payment processor that enables merchants to accept all forms of payment, whether debit, credit or mobile wallets.